If you're coming from the blockchain scene you really won't get it at first glance. I first started mining Bitcoin in 2010 at $0.50 each, then went heavy into Ethereum from 2014. It took me a few weeks of deep-diving to unlearn a lot of the conditioning imprinted in the blockchain bubble.
Holochain has no mining, no staking, no core token, no fees, no global consensus, no global ledger, it's not a platform, and there's no possibility of a 51% attack.
It's more akin to a P2P protocol/framework/pattern where users store their data and run apps locally, and where each app is its own private distributed network. Underpinning all of that are cryptographic counter-signing events and immutable hash chains.
In addition they have a parallel project called Holo (yeh confusing) that acts as an _optional_ hosting bridge for Holochain apps to offer a simple UX for normal web users. With Holo, developers can pay a distributed network of hosts in HOT (this is the coin you see on exchanges) to serve their happ/dapp like any regular website via Cloudflare DNS. No browser extensions required, nor any need to buy crypto to interact with Holochain apps. HOT for now is an ERC20 but will swap for a Holo mutual credit currency in the near future.
Sidenote: when you grasp mutual credit cryptocurrencies you'll also see all traditional cryptocurrency tokens as nothing more than speculative gambling chips.
Also checkout HoloREA and REA accounting (resource-event-agent). This is a good podcast on it with some mates of mine; we all worked at ConsenSys with a longer history in Ethereum before coming to the difficult realisation that Ethereum was the perpetuation of everything wrong with the global economy: https://soundcloud.com/user-376287461/holochainpodcast-2-pos...
Holochain has no mining, no staking, no core token, no fees, no global consensus, no global ledger, it's not a platform, and there's no possibility of a 51% attack.
It's more akin to a P2P protocol/framework/pattern where users store their data and run apps locally, and where each app is its own private distributed network. Underpinning all of that are cryptographic counter-signing events and immutable hash chains.
In addition they have a parallel project called Holo (yeh confusing) that acts as an _optional_ hosting bridge for Holochain apps to offer a simple UX for normal web users. With Holo, developers can pay a distributed network of hosts in HOT (this is the coin you see on exchanges) to serve their happ/dapp like any regular website via Cloudflare DNS. No browser extensions required, nor any need to buy crypto to interact with Holochain apps. HOT for now is an ERC20 but will swap for a Holo mutual credit currency in the near future.
Sidenote: when you grasp mutual credit cryptocurrencies you'll also see all traditional cryptocurrency tokens as nothing more than speculative gambling chips.
This is a pretty good Holochain intro podcast if you're coming from the blockchain scene: https://soundcloud.com/arthurfalls/holo-mixdown
Also checkout HoloREA and REA accounting (resource-event-agent). This is a good podcast on it with some mates of mine; we all worked at ConsenSys with a longer history in Ethereum before coming to the difficult realisation that Ethereum was the perpetuation of everything wrong with the global economy: https://soundcloud.com/user-376287461/holochainpodcast-2-pos...