Holo will host a live stream on YouTube on June 25th at 14:30 UTC. The purpose of the session is to provide updates and insights about Holo's
Holo will host a live stream on YouTube on June 25th at 14:30 UTC to provide updates and insights about Holo’s progress and plans.
According to the official tweet by HOT, the session will cover the following topics:
– HoloFuel launch updates
– Holochain Rust progress
– HoloPort 3 updates
– Tips for hosting DApps on Holochain
This live stream is intended to keep the community informed about Holo's latest developments and initiatives.
Holo is a decentralized peer-to-peer platform that hosts DApps created with Holochain, an alternative to blockchain technology. Holo aims to bridge conventional internet and Holochain-built DApps, providing an accessible ecosystem and marketplace for these DApps. Holo enables these apps to be hosted on the internet through network participants, making them more accessible to everyday users.
The Holo network operates through hosts who supply storage and computational power for DApps built on Holochain. These hosts can run the Holo software on their computers or dedicated devices like HoloPorts, contributing excess processing power to DApps. In return, they earn HoloFuel, a token designed for microtransactions. HoloFuel is intended to support a high volume of transactions, enabling the Holo network to handle billions of simultaneous transactions efficiently.
Holo initially issued an ERC-20 token, HOT, also known as HoloToken, in 2018. This token acts as an “IOU” and will be exchangeable for HoloFuel upon its launch. HOT serves as a temporary token until the full implementation of HoloFuel, which is the main currency of the Holo network and is used to compensate hosts for their services. Holo's revenue model is based on transaction fees from HoloFuel, with the network's growth directly impacting Holo's earnings.
News source：https://www.kdj.com/cryptocurrencies-news/articles/holo-hot-host-live-stream-youtube-june-th-utc.html
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