HoloChain

[Anonymous No.16758050]

Is it a meme?

If not. How much should i buy?

[Anonymous No.16758057]

1m is a suicide stack.

10m if at least if you want to be RICH-rich when it hits $1.

[Anonymous No.16758061]

1 million to make it
Holo isn't a meme despite the increased fud on /biz/

[Anonymous No.16758079]

>>16758050
Its not a meme.. it's a boomer scam. they delivered the ports a year and a half late and they don't do shit. There is no holofuel, no apps, and only brainlets would hand these failed boomers more of their money.

[Anonymous No.16758082]

>>16758057
when do you think it'll reach $1?

>>16758061
thanks how much do you own?

[Anonymous No.16758099]

>>16758082
900k

[Anonymous No.16758102]

HOLOCHADS know the dollar is a meaningless comparison as the entire world will run on HOLO.

[Anonymous No.16758232]

socialist coin, not actually going to work. they forgot about the part where people actually want to make profit. sure, you can share content on a nice peer-to-peer basis. but there is no economic incentives for people to host or post content. since holofuel is not money and simply hosting power, you would still have to use current money-systems like credit card and paypall for your online transactions. The holochain devs like Art insisted on this. There is no ''money'' at the core of the holochain and holo architecture.

It's a data-integrety layer where people can pool hosting power to host whatever they want to host. it's not a bad idea. it would do a pretty good job as a global communication system, but the fatal flaw is the lack of economic incentives to participate in the system, so it will die off before even starting, or could be used for non-economic purposes by governement and institutions perhaps.

in compairason, the real bitcoin has economic incentives, IS money and has advantages over current money.

I insist on the word ''money'' here. It's very important.

[Anonymous No.16758253]

>>16758232
>but there is no economic incentives for people to host or post content

You could have said the same thing about the internet.

[Anonymous No.16758586]

>>16758253
yes, and the money was then built on it, and I talk about that in my post.

the thing is that, with the real bitcoin, we are potentially moving to a money-based internet.

The idea here, is that with the current internet, it seems free. the reality is that it is not free because companies are taking your data and selling your data to companies and then bombard you with ads and thats all pretty bad when you think about it.

with holo, that would not happen. you would own your own data. that's nice and all, but then how would the businesses make profit? You would be charged for services you wouldn't normally be charged via paypal and such or paid to view add, but there is no money in the holochain and holo, so you would use fiat.

with bitcoin, you could do instant payments(no intermediaries) all-over the internet(micro-payments are especially important), and bitcoin is legal money that will slowly absorb the global GDP, have an immutable history of transactions(good for ''money''), economics incentives for builders and miners(good for growth). A true capitalistic machine where own your data aswell and an ''internet'' that has fair rules(mostly the real world rules) tha't can't be cheated and that can only be changed legally.

Ask yourself what problem is holo really solving. I'm open to new ideas but I don't see how holo is a ground-breaking project, especially in comparaison to the real bitcoin.

Holofags think they know better than blockchainfags for some reasons.

[Anonymous No.16759302]

>>16758586

I respect that someone with a brain is also on Biz. Coming from a guy whose been in the game a while, most of my portfolio is riding on Holochain/Holo now. The lens you are veiwing holochain with is a very competitive one. The reality is that Holochain is a transcending yet inclusive technology.

Meaning holochains creation does not remove the need for blockchain/Bitcoin, but more so it helps blockchain evolve into what it was always trying to be. Holochain is going to transcend above blockchain, where it will open up new doors that we have never seen with purely blockchain architectures, but also ultimately help blockchain solve its current goals that it simply cant.

That being said, the holochain architecture can support blockchains if the developer chooses to do so. A Bitcoin clone can be built within holochain. And the capitalistic machine you refer to with Bitcoin/the real world is something holochain decides to stray away from.

When agent centricity is built into the code, like in holochain, individuals are empowered to collaborate and contribute regardless of having monetary capital to do so. Bitcoin and other blockchain architectures atually result in similar centralized issues that out current society perpetuates. Centralization is baked into the code with POW/POS systems. Holochain deferred to this type of architecture due to the underlying centralized tendencies. On a global scale, an app framework that creates secure currencies and economies, all within a truly p2p environment has the potential to change the world. And that's what holochain is bringing to the forefront right now.

[Anonymous No.16759356]

>>16758232
>socialist coin

Ok you've convinced me. Just bought 100 mil

[Anonymous No.16759694]

>>16759302
>The lens you are veiwing holochain with is a very competitive one. The reality is that Holochain is a transcending yet inclusive technology.

I agree but to be fair, holofags always claim how superior their tech is to blockchain, while in reality, they don't do the same thing.

I think they can coexist, perhaps they could even live in symbiosis, but this is out of my range for now.

Fundamentally, economic forces are what makes the world go round. BitCoin potentially enabling global commerce, microtransaction, immutable public ledger, fluid money truly opens up a new world of possibility for global fair trade. Everysingle country in the world can profit from this simultaneously, that's the beauty of it

About PoW and PoS. PoS is shit and always been because it will always end up in an oligarchical structure, no matter how much you over-engineer this shit. Big players can group up and get the majority to rule over the system.

PoW was a big idea here. You proove that the system is legit and trustable by investing capital in it and spending energy for it. You do the same when you try to sell ideas, services or anything.
It is also true that you end up with specialized hardware and big mining companies. Satoshi wrote about this in the early days. There are incentives for this to happen. There is a technological race and competition is at the core of it. It's capitalism

It is also true that centralization is baked into this. Bitcoin is a smallworld network where connectivity is incentivized. The goal for miners is to be at the center of the network because it's most profitable and connectivity makes the whole system more profitable because it's faster and, well bitcoin is a transaction system and miners make money off transactions.
*miners don't decide the rules

>On a global scale, an app framework that creates secure currencies and economies
I'd need to know more about their take on 'money', but i know Art isn't big on capitalism, but keeping my mind open

[Anonymous No.16759725]

I have 100 million of this. if it takes off. im fookin rich

[Anonymous No.16759752]

>>16758050
Kleros is a better buy. Liquidity January 11th.

[Anonymous No.16759808]

>>16759694
I nor no one should ever doubt that Bitcoin is a brilliant idea, but the architecture is actually limited and flawed in a multitude of ways. Forced POW concensus is massively energy exhaustive, ineffecifient, and ultimately a centralized syste.. This means energy waste to power the framework and expensive transaction costs to pay miners.

POS is interesting, but like you said will always favor the early and that allow for corruption to be taken advantage of.

The economic backing of currencies in holochain apps is mutual credit. Meaning scarcity of tokens is typically not baked into the code, but instead a system that can breathe based on market dynamics is rooted in place. Whatever the natural desire based on supply/demand based on the hosting market is what the price will grow to be.

Upfront Holo will see many hosts and not many apps that need hosting. That means hosts will be competing heavily and driving the amount of HF they charge for hosting down.

When the amount of HF to host an app is lower, each individual Holofuel credit is more valuable. As that same Holofuel credit provides more hosting power.

This results in people paying more money for each HF, due to the fact that each particular HF can provide significant hosting.

Holo very much wants to see a ton of hosts in the network upfront, and doesn't need a ton of apps. There is expected to be more hosts then apps upfront. And that lack of a ton of apps upfront will actually warrant a price explosion for HF.

In the begining, the price to host an app on Holochain will be minimal compared to other hosting providers. This is because HF is extremely cheap to buy upfront and those same HOT/
HF will be providing a ton of value due to the significant competition between hosts lowering the amount of HF they can charge.

Over time, this will cause app developers to load up on cheap HOT early and begin porting apps towards holochain/Holo simply for how cheap hosting will be on the platform.

[Anonymous No.16759825]

>>16759808
>This means energy waste to power the framework and expensive transaction costs to pay miners.
This was my main concern with bitcoin, using the energy of a medium sized country simply for speculation will never be sustainable.
Do you ever see holo reaching $1?
If so when do you think it would happen?

[Anonymous No.16759882]

>>16758232
>>16758586
>>16759302
>>16759694
>>16759808
Impressive shill

[Anonymous No.16760060]

>>16759882
Agreed.

[Anonymous No.16760167]

A lot of smart stuff said.

Any price prediction?

[Anonymous No.16760473]

This is the last bit of money I have...I used to have about 150k USD....and at one point I owned over 200k chainlinks....

I got 30 mil holos left...The one dollar per holochain is a dumb fucking meme like the 1000 dollar per chainlink...

Now .01 cents is a possibility...but when?? Hmmmmm