Holo

Holochain is a decentralized application platform that employs an energy-efficient post-blockchain ledger system. It uses peer-to-peer networking to process user-centric agreements and consensus systems, thus enabling any device to have its own chain-based ledger system.

Through the use of a holographic model for data storage and transfer, Holochain allows developers to create decentralized applications that can scale across a network in multiple dimensions. This ensures true distribution, with each device on the network functioning independently. Users only need to synchronize data when necessary or agreed upon, putting them in control of their own data without risking exposure or sale to third parties.

Holochain's Unique Approach

Unlike traditional blockchains which are data-centric, Holochain provides a framework for building decentralized applications within an agent-centric system. Rather than maintaining a global consensus, each agent in the public blockchain maintains a private fork stored on the public blockchain via a distributed hash table. This approach eliminates scalability limits and allows dapps hosted on Holochain to operate more efficiently than those on traditional blockchains.

The Technical Aspect

Holochain is open-source and written in Go due to its ease of use and similarity to C. Dapps specifically designed for Holochain can be developed using JavaScript or Lisp, with support for front-end systems using CSS, HTML, and JavaScript. The platform is also flexible in handling new languages, providing potential for future growth.

Environmental Impact

Holochain presents itself as an environmentally friendly alternative to traditional blockchains. As there's no need for each individual agent to store and validate the global blockchain, it consumes significantly less bandwidth. Moreover, it lacks a mining component eliminating the need for electricity or processing power spent on proof-of-work calculations.

The Team Behind Holochain

Co-founders Arthur Brock and Eric Harris-Braun have been designing alternative currencies since the 1980s. To protect the incentives of users, founders, and developers, Holochain is owned by a non-profit foundation. The company's advisory team includes Ryan Bubinski, co-founder of CodeAcademy. Recently, Holochain announced a strategic partnership with Promether, an Adaptive Symbiotic Platform (ASP) that provides applications with networking, security and anonymization code to protect their data.

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