@HoloworldAI #HoloworldAI $HOLO HOLO is a platform designed to provide a scalable host for **decentralized applications (DApps)**. Its token is called **HOLO (HOT)**, primarily used for payment and fuel functions within the ecosystem. The core vision of the project is to create a 'peer-to-peer distributed computing platform' that challenges the traditional client-server model, allowing users to earn rewards by sharing the idle computing resources of their devices, thus achieving a fairer and more efficient internet.

### II. Project Background and Vision: What is Holochain?

To understand HOLO, one must first understand its underlying technology **Holochain**.

* **Not a blockchain:** This is the most crucial point. Holochain is not blockchain technology. A blockchain is a ledger maintained by all participants that achieves a global consensus (like Bitcoin and Ethereum), which leads to scalability issues and high energy consumption.

* **What is Holochain:** Holochain is a **distributed ledger technology**, but it adopts a 'agent-centric' architecture. Each user runs and stores data on their own chain (called a 'source chain') and is only responsible for their own data. When interaction with other nodes is needed, Holochain verifies the validity of the interaction through a set of consensus mechanisms without requiring global consensus.

* **Core Advantages:**

* **Extremely high scalability:** Because global consensus is not needed, network performance scales linearly with the number of users, theoretically infinitely scalable.

* **Low energy consumption:** No mining required, very energy-efficient and environmentally friendly.

* **Data sovereignty:** Users have complete control over their own data, in line with the spirit of Web 3.0.