What is the difference between holochain and blockchain?

While blockchains allow for applications to be built on top of a bottlenecked consensus mechanism, Holochain allows for distributed hosting where each node maintains its own ledger. On balance, this enables unlimited scalability as more nodes join the network.

What is holochain and how does it work?

Holochain is an open-source framework for building fully distributed, peer-to-peer applications. Therefore, it has a similar purpose to that of Ethereum, but instead of hosting decentralized applications (dapps), Holochain hosts distributed applications called Holochain applications (happs).

How does blockchain work?

The traditional blockchain works by storing data via cryptographic hashes on a distributed network. Each node on that network maintains a full copy of the blockchain and the global consensus to verify the network and keep its integrity intact. It's one feature of blockchain technology that has been a strength of the emerging technology.

Why is holo better than a blockchain?

As a result, there is minimal energy required to produce the Holo token (HOT). Also, the ability to scale through DHT networks is far more efficient than blockchains. The process of sharding DHT is easier and cheaper than sharding blockchains. Moreover, transactions are processed immediately with no risk of bottlenecks or delays. What is Holo?