Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] HoloToken (HOT): Holo The Distributed Hosting Platform
by
HolochainAJ
on 05/06/2018, 13:22:07 UTC
What Problem does Holochain solve?  Huh

We solve multiple problems...
-decentralized apps aren't popular and don't have access to the masses. Holo is the bridge.

-app platform that is scalable. Ethereum is hoping it can scale. Every app in our system gets its own holochain

-fiat creation of tokens or coins. This is a big one.
The entire crypto currency bubble has its origins here. The more successful crypto becomes, the more coins are invented. All of them "scarce". Except the market hasn't realized just how few of these cryptos will go to zero.

We are the first mutual credit crypto in existence.

-mining/consensus dilemma. Bitcoin will increasingly look absurd the higher the price gets. If Bitcoin consumes around .1% of the world's electricity, what will it be consuming at 100k? 500k? The problem for Bitcoin and any proof of work currency is that the more successful it becomes, it cannibalizes electrical power over excessively in relation to it's need.