Latest News & Gossips related to HOT Coin, Holo and Holochain in 2024!
1/ At the Token2049 conference in Singapore on September 18, 2024, Holochain announced a partnership with blockchain security auditing company Least Authority. This partnership is very large because Least Authority has already audited the biggest names in the cryptocurrency ecosystem such as Ethereum, Polygon and Metamask…
2/ Holo announced that its Hosting service will be launched very soon using the existing Holo token (HOT) as a cryptocurrency to pay for services since the native cryptocurrency HoloFuel (HF) is not yet ready because the counter-signature feature which is a must-have for HoloFuel could not pass the required quality tests. Holo Hosting will therefore be launched in a few weeks while HoloFuel will arrive few months later but stronger than before since HoloFuel will be a dedicated entity and provide accounting services to others decentralized cloud projects and DePIN such as Wi-Fi providers and ISPs.
3/ A new white paper has just been published by the Holochain team at the same time as an internal reorganization with Eric Harris-Braun as the new executive director of the Holochain Foundation. During the announcement, Eric took the opportunity to send a strong message about the adoption of Holochain in 2025 by major players in the industrial supply chain and the media.
After a relatively quiet start to the year, the summer was much busier for both Holochain and the Holo Hosting service.
1/ The announcement of the first Holochain-compatible phone, the “Volla Quintus phone”, as well as two Holochain applications installed by default on the phone: “Relay” will allow secure and encrypted communication in 1-to-1 instant messaging but also by group chat. “Recover” will allow you to create backups of your data without having to use a cloud provider.
2/ Holo is getting closer to launching the network and its native cryptocurrency HoloFuel (HF). To answer the many questions from the community, Holo now regularly organizes “Launch briefs” to answer them but also to share the latest news and present the functioning of the Holo application ecosystem. According to the latest news, the launch will finally be in the third quarter of 2024 (Q3), probably around the end of September or the beginning of October.
3/ During the Holo launch brief No 3, CEO Mary Camacho presented the different tools of the Holo ecosystem: The “Holo Key Manager” extension, an extension to identify yourself similar to the well-known blockchain wallet extensions such as MetaMask; The “Springboard” an application that allows you to manage different accounts under a single identity. The “Cloud Console” which allows hosts and application creators to manage their hosting needs and preferences. The “HoloFuel” application has not yet been presented; See you at the next Brief No 4.
The biggest event of the winter 2024 was Holochain's presence at the ETHDenver conference. This year Holochain shared its effort with two projects from the ecosystem: Rainlang and IOEN. This collaboration made it possible to demonstrate use cases of Holochain technology with trendy DeFi, DePIN or NFTs projects.
As already announced in our last News bulletin, the Holo team has been discreet throughout 2023 in order to be able to concentrate on the development of its project.
1/ However, in order to continue to build links with the blockchain and cryptocurrency ecosystem, she did not forget to be present at major events. Indeed the sales team participated in several events such as for example in November the NFT San Francisco event where the team was able to present the Fractal Tribute project which bridges the creation of NFTs in a collaborative manner with Holochain and mints the NFT on the Polygon/Matic blockchain.
2/ It was at the beginning of December that finally during the AMA 55 on December 7 David, Mary, and Art began by presenting and demoing a new big meta gaming project using Holo called NOR.gg created by Brooks Brown a veteran of the world of entertainment and gaming with for example many years spent at Lucasfilm, Lucasarts and Universal Pictures.
3/ The AMA 55 was full of announcements, in fact the team also announced that the development of all the Milestones of the Holo project have been completed and that the Holo host RC network will be launched in December with the virtual cryptocurrency TestFuel. In fact, in parallel with the test network, an external audit will be carried out by the specialized company Least Authority which has already audited numerous projects in the blockchain ecosystem such as Ethereum2.0 or MetaMask. The real HoloFuel, the native cryptocurrency using a double-entry accounting system, will be officially launched after the audit around the second quarter of 2024. This is also when the swap of the Holo token (HOT) against HoloFuel (XHF) will be open for a minimum period of 6 months.
The Holo team was discreet at the start of 2023 and as always the very curious community started asking a lot of questions about the progress of Holo Host, we finally had some very interesting news from CEO Mary Camacho in the March 23 press release. they works hard at Holo and Holochain!
1/ On the Holochain side, they announced the official release of the Holochain Beta 0.2.0 framework version in April, as a reminder this version contains a security system as well as an immune system as explained in the official Holochain roadmap.
2/ On the Holo Host side, they updated the roadmap to mark three milestones as completed: Invoice and payment hosting, HoloFuel counter-signature, Holo ecosystem update to Holochain Beta. In addition the alpha testnet will be reset in order to put all these changes online, the MewsFeed demo application is still available for the most curious but be aware that all data will be lost when the Testnet network is reset in April.
We waited several years but it finally happened this Thursday, January 26, 2023! 🍾 The Holochain framework has moved to beta version (0.1.0). The development of the framework was long and difficult because the writing of the software in Rust and the development of the skills of the developers took time but now the framework is complete, stable, secure and powerful.
The team is still quite discrete regarding marketing because they are still actively building many parts of the framework, so they prefer to stay focus and build silently however as community we really appreciate when we see demo of what is being built. And in the last month we enjoyed the different demos made by the ecosystem. Here the links below. Regarding the long-awaited Beta version of Holochain, we are now very close, indeed only the milestone of the immune system and warrant is to be developed from scratch and the team has specified that it is not very complicated to develop. and therefore not very long in time...
1/ Marcus Phillips co-founder of Hack Reactor joined the Holo team to help train Holochain developers and the first Rust & Holochain immersive developer training took place in July in Austria. Get more information about this news in the Holo AMA No 51 and in the other links below.
2/ The team announced that the stable version of the Holochain Development Kit (HDK v0.1.0) is going to be released in the following days. This will allow developers to build hApps without breaking changes, is a big milestone leading to the long-awaited Beta version. Also the company applied for a second US Patent in order to protect the latest improvement made in the Quantized Gossip algorithm of the framework. Some of you may remember last year the announcement of the patent was the trigger of a masive bull run for the HOT cryptocurrency. You can also get more information in the AMA No 51 linked above.
3/ More Holochain applications are opened to the public, we now have Elemental Chat and Elemental Chess available, we tested it and we can say it's a beautiful success so big congrats to the team! Try Elemental Chat!
4/ On the pure technical side, recently the developers made a lot of changes in the Holochain framework from v0.0.144 to v0.0.151, the big changes are the split of the two different responsabilities of the framework: Integrity and coordination and that way the hApps will be more maintenable in the future. Next is the integration of Quantized Gossip and Enzymatic countersigning. You can get more information in the Holochain Dev Pulse 121 and Holochain Dev Pulse 122.
1/ The Holochain team has released the roadmap to detail important milestones to continue developing the Holochain framework through Beta and beyond. Holochain Roadmap
2/ The Holo token has been listed on the Huobi Global exchange, this exchanger is little known in the Western world yet it is the largest exchange in the world with a very large customer base in Asia. Huobi Global announcement about the Holo token listing
3/ The Holo token has been listed on the Coinbase Custody service. This service provides access to the institutional grade secure offline storage solution that is used by the Coinbase exchange. This is the first step to listing the Holo coin on the Coinbase exchange, and it's Arthur Brock the founder of Holo himself tweeting it.
Arthur Brock's tweet about listing on Coinbase
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