The beginning of the year seems to pave a broader way for Holo. The Holo token belongs to the Holochain platform which permits data storage and distribution. Most significantly, the platform specifically makes use of the DHT algorithm while the others are restricted to the very usual PoS and PoW technologies. DHT algorithm, on the other hand, provides more scope for scalability for the Holochain network.
Holo looks forward to a beta release of Holochain. They now possess a classic working prototype of a networked DHT implementation the full programming toolkit that was present in the prototype, and a new set of application building and testing tools. Although it is still in the premainnet stage, it shows prominence in its potentiality to rise higher. Holo is nonetheless, still known by the name of an Ethereum-based token. The intricate fabrication of Holochain distributed network would aid in unifying the whole of the ecosystem, suggests the experts.
As per the report published by cryptovest.com :
“HOT is a post-ICO asset that still managed to retain some of the gains since its sale in April 2018. For those that bought HOT with ETH during the ICO, the gains are more than 3,700%. In dollar terms, HOT is up 650%.
The reason for the rally is the relatively low price in Satoshi, as well as the concentration of HOT on Binance, allowing for a concerted pump. HOT has become one of the coins and tokens performing rallies independent of the general stagnant mood on the markets. It is possible that the rally is only short-term, but it also shows there is continuing interest in protocols and distributed systems.”
On Thursday last, Holo managed to become one of the leading coins along with the news that it is soon to release the beta version of Holochain. It may even aim at launching an effective peer-to-peer connection before the end of the first quarter. Holo is leading the weekly scale by
its performance at the rate of 92.39%. It is currently trading at $184,742,236, priced at $0.001387 and a circulating supply of 133,214,575,156 at the time of writing.
Holochain has also started to test and verify upon certificates to initiate preliminary logos on the latest HoloPort test units.
One of the developers at Holochain quoted:
“We’re very much in preparation mode for the Closed Alpha Testnet. We’ll be reaching out to all of our Alpha-Beta Testers by email in the next two weeks with a link to a survey to help begin the test process. We’re really excited to be ready to share the first Holo software with our community!”