How does Holo work?

Holo is a distributed hosting platform that uses peer-to-peer (P2P) networking to provide distributed hosting services.

It is built on top of the Holochain framework, which is an open source, distributed computing platform. Holo provides a platform for developers to build and deploy decentralized applications (dApps). At its core, Holo works by connecting users with hosts who can provide them with the computing resources they need to run their dApps.

The hosts are compensated for their services in Holo fuel, which is the native cryptocurrency of the Holo network. Hosts are rewarded for providing resources and services to users, while users pay for those services in Holo fuel. The way that Holo works is that it allows users to connect directly with hosts on the network.

This means that there is no central server or third-party provider involved in the process. Instead, all transactions are handled directly between users and hosts on the network. This makes it much more secure than traditional hosting solutions as there is no single point of failure or vulnerability.

In addition to providing hosting services, Holo also provides a range of other features such as identity management, data storage and sharing, messaging and more. All of these features are powered by Holochain’s distributed ledger technology (DLT). This DLT allows users to securely store data on the network without having to trust any third party or centralized authority.

It also ensures that all transactions are immutable and cannot be tampered with or reversed once they have been recorded on the ledger.