Holo (cryptocurrency)

Holo is the flagship decentralized cloud computing application built on Holochain founded by Arthur Brock and Eric Harris-Braun on February 16, 2018 and is headquartered in Gibraltar.





Holo provides a platform for users to host (and use) decentralized applications (dApps) on their computers, and set their own hosting prices and priorities for their hosting services. Users hosting dApps provide their hosting services while Holo provides the necessary crypto-accounting infrastructure auditing using double entry accounting with several layers of cryptographic assurance and notarization.



Every transactions made between Holo users (application providers and hosts) is validated by peers on a sharded distributed hash table (DHT). The transaction load of every node operating on the Holo network gets lighter as the sharded distribution hash table (DHT) on the Holo network grows. Full Holo nodes require no mining or specialized processing to run and can run on low power computers and mobile devices. Each node possesses its own separate blockchain functioning with unique cryptographic keys. Every transactions occurring through Holo has an invoice generated through to Holo platforms Proof-of-Service (PoS) protocol.



According to the Holo green paperThis Holo can exceed the transactions per second speed of major financial value exchange services such as the Visa network which has a maximum of 56,0000 transactions per second.