Can we have some serious discussion about Holochain, especially the token and Holo fuel? Keep the retardation about the current price swings etc. in any of the other threads available thanks sirs.
There's been lots of discussion about the viability of HOT as an investment. I've yet to read the relevant paper in full but from what I understand the price of Holo fuel should approach the cost of the computational power provided to you. Holo hosts set their prices and it being a free market competition should drive the price towards this. Anyone can participate in this openly. The price of HOT during ICO was based on it basically being 10 000 X more efficient than Ethereum, which they thought was a conservative estimate (see below). github.com/holochain/benchmarks
The HOT token is just an ordinary ERC20 token. Holo fuel however is mutual credit. This is probably an unfamiliar concept to many coiners.
bump. this please. i would like to know if i should go in on the dip.
Ian Martin
it can't run currencies and the devs themselves state this. I sold all mine at 3x and never looking back.
Andrew Foster
You can have mutual credit. But yes no ERC20s or something. Do explain how the fuel wouldn't have any value and buying HOT is ridiculous if you think so.
Kevin Ramirez
The currency is largely worthless, the tech however, is incredible. The ICO was a present for the volunteer devs and they really deserve it.
Andrew Williams
>The currency is largely worthless Why?
Ryder Russell
Believing this is the next TRX desu
Cooper Torres
fuck why won't my sell orders go through, if you're not dumping this shit right now you're stupid
Lucas Walker
this, sell so I can accumulate
Juan Gutierrez
accumulate on a dead coin? it got pumped by le Jow Forums army and now it's being dumped