You realize it’s all over, right? That all of these other projects become worthless? That the money well dries up, the whole token based speculative market disappears over night?
Every single function every one of these coins and tokens performs can be recreated on Holo and scaled to infinity. The main issue right now is dApp platforms can’t scale, so Ethereum, EOS, Cardano etc. are working on a way to allow scaling. Holochain has already solved it. FUN, REQ, every single ERC20 could be recreated on Holo for basically no fee. Tokens won’t even be necessary.
If Holochain succeeds, that’s it, there’s no more speculation, everything can be done on Holo. No more multi billion dollar speculative market that you can trade on from the comfort of your bedroom. You do realize this, right? You do realize that Holo probably won’t be a moon mission from here on out, right? Because the devs have specifically said they are going to try and keep the token price low.
For all of our sakes, we better hope this is just hippie posturing, because if it isn’t, it’s all over. All of our hopes and dreams crushed.
You're right about everything except the part about the devs wanting to keep the token price low. I've been following this for a while and they have never said that, and I don't think it is true. I'm all in on Holo at the moment and waiting for the moon mission...
Jayden Jones
the cofounder is on video talking about bringing down Amazon AWS and questioning if you really want to be holding Eth now Holochain is out. I don’t think there’s anything to worry about when it comes to the token price.
Another pajeet shilling. Jesus u fucks never have enough.
Julian Sullivan
but what about the things that need global consensus? isn't holochain meant to coexist beneath blockchain and be used for the dApps that don't need global consensus while blockchain is still used for the ones that do? if you think this is pajeet shilling you have no clue and deserve to be poor
No he's right, Holo doesn't really do global consensus. Blockchain or similar solutions will continue existing for the 0.001% of applications that actually require a global consensus.
Aiden Scott
This is just sad, user. HOT was shilled by an organized group of whoever, and they've stopped now. You're clearly not part of that group, and you're just trying to shill a worthless coin on your own, which will never work.
John Phillips
A great way to look at it is to compare it to Nano/Raiblocks's philosophy. For P2P transactions you don't need global consensus with bottleneck, it's only important to keep a large scale ledger for large enterprise solutions (like IOT/supply chain).
But dApps? No need for global consensus. Holochain is all about optimisation for specific scenarios. It's quite an obvious solution when you look at it and it truly is the future.
A lot of crypto projects are niche, blockchains developed for specific scenarios. Holo can adapt for each solution and provide the best service for each use case.
Josiah Martin
I think one of their devs is actually building Bitcoin on top holo just to prove that it works
Ryder Gutierrez
i think one of the devs is taking a shit in the street
Julian Ortiz
So it doesn't do the ONLY thing blockchain was created to solve. So basically your perfect super project is nothing but a glorified database. BOOOOOOOOORING!!
Logan Richardson
I think one of the devs is doing feminism on a wheelchair
Adrian Hall
Global consensus is pointless for a dApp platform, this is why Ethereum fails.
Jonathan Cox
not needed for a currency not needed for dapps blockchain is the "glorified database" you twat
Mason Reed
HOLO FUD is a picture of people working and being ugly while doing it - would anyone really fall for this?
You're right bud, in this medium post where they explain why they set up their ICO the way they did -
they state the exact opposite, " 1. We intend for the value of the tokens to rise. (See above “Why we are going keep working on the project.”) "
Jeremiah Russell
Then why are you trying to market this as crypto when it clearly isn't. The only thing "crpytoish" is that the greedy devs wanted an easy way to raise money from fools and decided to slap a token on it for an easy ICO.
Lincoln Cox
I can smell the boomer cope from the catalog. Like foot fungus and hemmorhoids.
Thomas Gonzalez
I noticed that literally every HOT thread just had people posting about the price going up, literally nothing at all about the tech
This is their most recent quick overview of what they are trying to accomplish. Pretty short but packed with most of the information you'd be interested in to decide if you want to look further.
Nathan Cruz
Are you new? There've been plenty of threads in the past week discussing the tech.
the token will increase in value based on the computational power in the network. All else is correct. With a few exceptions, you can basically port every project in crypto on Holo and it will scale way better. Jow Forums is right to be afraid. The Holocaust is coming and 6 million shitcoins will be gassed.
You better figure out soon which blockchain projects will be BTFO by Holo and which ones won't, cause it will happen sooner than you think. I've already changed my investment strategy based on this criteria. See ya in a couple of years.
Aaron Gutierrez
>HOLO FUD is a picture of people working and being ugly while doing it - would anyone really fall for this?
I'm so glad that someone else understands this.
I don't get the meme of implying that fat, ugly people are somehow bad people to have on a crypto development team. What do you want? Some bronzed Adonis with six-pack abs so that you can meme about how "chad" and" alpha" they are? You think THAT person has decades of programming experience and would be able to develop a capable, complex tech product? I don't. I would prefer the fat, pasty-white, shorts-wearing, patchy-beard wearing weirdo who looks like has has spent the past 40 years in his mom's basement. That's someone that you can count on to develop good code.
Thomas Perry
which blockchain projects you think will survive? i was interested in Theta, but I think they should just build their currency on Holochain. What about something like Factom? It seems boring and stupid enough to be a good use for blockchain, right?
Hudson Johnson
I stated this in a previous thread too, but just because the devs are SJW communists who loves niggerdick and loves to get cucked doesnt mean they cannot create a good product, they're completely unrelated subjects.
Brandon Allen
Ethereum has already won
Levi Wilson
fiat was winning untill crypto came around my dude, no one stays on top forever, prob not even HOLO (SHOULD they win, that is)
Landon Torres
It's great that enough of biz could take themselves out of the echo chamber long enough to appreciate a different perspective. Take a look at this team and tell me they don't believe they're going to transform the world. People so morally sure of themselves are not going to exit scam - they'd sooner send themselves bankrupt.
Caleb Reyes
This is 3D trolling
Aaron Collins
>questioning if you really want to be holding Eth now Holochain is out It's a fucing eth token. An eth-token will NEVER take eth's place.
On this particular board, that's a complement
Cameron Miller
token will be swapped for fuel in 6 months
Jordan Bailey
Privacy is holo's weak point. Stuff like Monero will survive. Hell even that shitcoin Obsidian (if it ever comes back to life) will be alright. Projects where global consensus REALLY is important might have a chance. Don't have a good example in mind right now. Maybe supply chain logistics shitcoins or even projects like Stratis or NEO if they get used by governments.
Ayden Young
doesnt that mean that it will in turn be worthless in a few months time?
Yep. Blatantly paid for shilling. Of course, who ever did that once here might do it again on twitter/YouTube/reddit. I honestly don’t have any faith in the project but I feel another big pump coming.
Jack Campbell
>Every single function every one of these coins and tokens performs can be recreated on Holo
HOLO DOESN'T HAVE A LEDGER NOT CONSENSUS NOR SECURITY, YOU PIECE OF SHIT BRAINLET, EVEN THE CREATORS EXPLAIN IT IN THE OFFICIAL VIDEOS
Landon Cruz
Can someone link the repo? Cant find it
Alexander Gonzalez
You can recreate a Blockchain on the Holochain protocol you mongoloid
Eli Bell
Yep. Just like EOS. It’s a pump and dump for 6 months
Time to add a holo filter to the link filter. Fucking shill spammers turning this board into total cancer.
Isaiah Gonzalez
Holo is also like internet in the 90s at the moment. If it catches fire it won’t be until like a decade down the road. You need apps and devs for people to start using it. Hyperledger will be the go to Blockchain for businesses. It could co exist with holo. Ethereum is the be all tool kit for now.
Evan Foster
>CULTURE COORDINATOR WTF JOB TITLE IS THIS HOLY SHIT ILL NEVER BUY THIS FUCKING SHIT
Adam Scott
I meant the repository that specifically has the bitcoin emulation on it. Dumbass
Easton Cox
You can recreate a blockchain in your phone, that doesnt mean is usable. You have no idea what you are investing with.
Gavin Flores
>combined IQ of hundreds of crytography researchers and blockchain experts < bunch of smelly fat hipsters
I think you're missing something in your analysis
William Mitchell
Would it not be as secure?
Jacob Green
Why can’t you add a consensus layer on top. Sure it’s probsbly inefficient.
Owen Williams
Holochain has no security protocols as it is. They've architected on a DAG they made up which has zero real world proof. Imagine corporations trusting trillions of dollars on a DAG which nobody has any idea if it's secure or not. Kek. This is a memecoin waiting to happen. It might even sit at a multi-billion dollar mcap before people realize nobody will ever use it for anything. It's LITERALLY run by some dude who camped out at occupy wall street and whined about finance Chads without shoes on to a bunch of smelly hippies in the atrium. I worked across the street from the OWS camp. Those people were not future successful business leaders. They were degenerates who didn't want to work and were mad about their shitty miserable lives and decided to pitch a tent and complain about it. Now this guy will finally get his way when he sells everything.
Leo Murphy
Stop it pajeet. We all know Holo is a pajeet coin with a market maker pumping it by washtrading. This token will be irrelevant in the next month. Bitconnect
Thanks for being completely unhelpful you dumb commie faggot.
Jeremiah Price
fat people have no willpower they can't exerce dominion over their own body, which is the easiest thing in the world. how do you expect them to have control over external elements? it takes hunger to move the world. if you're satisfied with what you have, you have no incentive to lead a revolution while gluttony isn't always a deal breaker, it's a red flag. when in doubt, skeletons over blobs
Jayden Cook
This.
Do people not realize it's taken over a decade for blockchain to even start to be used for anything serious despite it's very obvious advantages to many applications?
Dags and all this other shit are dead on arrival because they're too unknown and there's too many liabilities that nobody can even predict yet. Ethereum or other truly decentralized blockchains will figure out scaling and it will be over for everything that only offers marginal improvements to the original bitcoin recipe.
Adam Watson
It's much easier to impliment scaling solutions from the ground floor than apply them to an already running blockchain. Ethereum isn't going away but it will be overtaken at some point.
Cooper Hall
You also act like there are no potential security vulnerabilities with Raiden or Sharding.
Kevin Myers
holochain wont touch ETH. Eth is really not a dapp platform, it will be the platform of choice for global smart contracts ie corporate.
I agree with OP though all the other dapp coins are fucked if this takes off.
Jaxson Perry
No serious Holochain enthusiast expects it to compete with ETH or BTC. Anyone with half a brain can see that it with destroy all these dapp platform coins... it trades global consensus for scaling.
Holo is not even a blockchain, it will be cheaper to rent computing power from big companies than 50 random pajeets letting someone use their leftover computing power on 500$ PCs
Anthony Smith
Random pajeets don't have to deal with the maintenance costs and logistics of a huge data center. If it becomes widely adopted the costs are going to be lower than a centralized solution.
They dont because it doest effect the efficency of pajeets PC, price/computational power ratio is much better on big servers then on pajeets PCs, this idea is worthless unless people are willing to donate computational power in exchnage for a small fee which will leave them in deficit
Noah Garcia
You're wrong. The only major difference between server grade hardware and consumer hardware is in the reliability of the components. Meaning a CPU can maybe last for 8 years instead of 5. Also they might have slightly more efficient power supplies. This is where most of the difference comes from.
If we're looking at a hosting solution like Holo which will use consumer grade hardware, the reliability of the components won't matter since the rate at which consumer grade technology is upgraded is much higher. By the time your CPU could die for using it too much, it's already outdated and you've already upgraded. Cost of electricity might be an issue, but I doubt it. The arms race right now is not for performance but for efficiency. Year by year we see incremental upgrades in terms of performance and big upgrades in terms of power consumption.
TL/DR: there isn't much difference between server grade hardware and Pajeet's PC, and the gap between them gets smaller and smaller each year.
Juan Parker
just wait till this gets adoption and you'll see set ups that look like mining farms to earn fuel.
Justin Lee
Nobody knows the time of the price singularity. But when it happens, everyone will know. All across the world, voices will echo "..what's wrong? Is everything ok?" A few vehicular accidents will occur seemingly for no reason. Several pilots, delivery drivers, and one pajeet who forgot to close a submarine hatch will all last be seen yelling at their phones. Hotbit will crash. Everyone scrambling to buy HOLOs will see 404. IDEX will become so overwhelmed with traffic it will slow to a halt. It will become unusable. The only orders that will happen will be buy orders that have already been placed. HOLO will reach unimaginably high prices within minutes. Every noHOLOer's eyes will watch. The tiny HOLO circle on coinmarketcap will be reflected in their eyes. However, the ones who knew..the ones who had heard, but didn't listen.. their cubes will be distorted by tears. As these tears fall onto rapidly moving fingers that are refreshing Hotbit or IDEX multiple times, Haunting music rings in their ears infinitely. The harrowing noise of the bells causes the noHOLOer's soul to shiver...and scream. Biz will be filled with HOLO memes. All threads will be titled "You had your chance." Monitors will be smashed. Laptops broken in half. Weddings, family reunions, graduation ceremonies, and other social events across the world will be plagued by the audible cries of noHOLOers who knew the path but didn't take it. Their hopelessness crushes them inside, but they keep having to wageslave, and forcing a smile on their face every day to avoid ever being asked "what's wrong?" again will eat away at their sanity. This soon becomes a worldwide phenomenon, and noHOLOer syndrome will be added to DSM-V and heavily studied. Most normies will continue enjoying their playpens. But the ones who knew.. they will become uncomfortably intimate with despair... For they know they missed the opportunity of a lifetime, and another precious path to freedom has disappeared forever
Jose Howard
Bump
Anthony Torres
Nobody cared about the TRON FUDs in the beginning and look at where it went? 200x regardless of mass FUDs, there is money to be made, when waves of normies fomo come along.
Levi Hill
thats simply untrue, here is why buying equipment in bulk is cheaper by a large margin - company saves money setting up servers where electricity is cheaper - saving up to 50% on electricity cost (BIG FACTOR) optimized servers for maximal performance by expers
all these factors reduce computational power and there are many more, so again how are pajeets with their PCs gonna outperform massive servers dedicated to produce cheapest computation power possible
