Decentralized Applications Are Getting Ready For Holochain

Decentralized Applications Are Getting Ready For Holochain
фото показано с : cryptobriefing.com

2019-2-22 00:29

Decentralized applications may have a lot of promise, but they have a lot of problems too. Most dApps face potentially insurmountable problems of scalability and distribution; this could make them obsolete before they even leave the gate. 

But one crypto project is trying something a little different. Junto, launched by the Junto Foundation, is trying to create a different kind of social media: one without ads, ratings, censorship or profiteering. And best of all, if you’re getting tired of a certain three-letter acronym (I’m thinking of FUD), Junto won’t have any utility tokens or crowd sale.

Instead, Junto is based on Holo (HOT), a distributed peer-to-peer protocol that’s specially designed for decentralized applications. But don’t make the mistake of calling it a blockchain: Holo is a different beast entirely.  It scales endlessly, allowing peer-to-peer applications without the limits of mining. 

“[Holo] enables hosts to serve as proxies for other users,” wrote Eric Yang, one of the five-person collective that founded Junto in 2016, in an email to Crypto Briefing.  “This makes distributed applications accessible to the mainstream without any extra technical know-how.”

Instead of having to pay for access with a zero-liquidity utility token, all fees will be paid in HOT. “ The application provider (Junto in this case) is the one that pays these hosts the Holo cryptocurrency to perform their services,” Yang explains, “so there are no user experience bottlenecks. Moreover, Junto itself is not issuing a cryptocurrency.”

Another way of funding

But developing decentralized systems doesn’t pay for itself, and that’s where Junto hopes some of its supporters will open their pocketbooks. Instead of launching with a token sale, Junto’s creators are trying to raise $100,000 with a Kickstarter.

“We understand how financial incentives can drive adoption,” Junto says in its Kickstarter page, “[but] we want to build our platform on a different set of values. Having each expression be tied to a monetary value would likely perpetuate the over-analysis, addictive qualities, and mental health concerns produced by existing platforms.”

While creators will be able to receive payments for content, the developers themselves are not shopping for Lambos. Instead, according to their Kickstarter page, they hope to sustain revenue from donations, subscriptions, or fees on creators’ content.

That’s easier said than done, and Junto’s kickstarter is at around a third of its funding goals. An additional $57,000 have been pledged by Junto’s supporters, bringing the target within reach. 

But, even if Junto fails to get off the runway, it could signify an early movement towards a new model for distributed ecosystems: one that does not require a unique blockchain token to access each and every distributed application, and for which access is open rather than closed.

 

The author is invested in digital assets, but none mentioned in this article. 

Join the conversation on Telegram and Twitter!

The post Decentralized Applications Are Getting Ready For Holochain appeared first on Crypto Briefing.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Decentralized Machine Learning (DML) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0044448 (-100%)

decentralized applications getting problems trying crypto ready

decentralized applications → Результатов: 126


Developer Corbin Page Launches “Eth This Then That” the IFTTT for Ethereum

The Ethereum developer and the co-founder & product lead at Meridio released “Eth This Then That,” the IFTTT for Ethereum. The information was released by Mr. Page on Twitter on February 17. With ETTT, anyone will be able to connect different decentralized applications and decentralized finance components without having to write a single line of […]

2019-2-19 06:16


After Last Week’s Falling Use of Ethereum DApps, Investors Believe Blockchain Apps Need More Time

According to a report last week from Ethereum World News, decentralized applications are not doing too well. In fact, research by LongHash shows that only 180 of the 1,812 blockchain applications that are based on Ethereum have even seen any activity, as of February 1st. In the same research, it was revealed that, of the […]

2019-2-18 17:18


Фото:

Top 7 Best EOS Wallets for storing tokens and collecting airdrops – 2019 Edition

Designed as a scalable and user-friendly version of Ethereum, EOS is a blockchain platform for the development of decentralized applications (dapps). Like Ethereum, EOS is a smart contract hosting platform designed to make dapp development easy by providing an operating-system-like set of services and functions that dapps can make use of.

2019-1-17 15:28


Фото:

An Overview of EOS Smart Contract Development

In the blockchain and development ecosystem there remains one large debate around which project can deliver the most efficient and subsequently effective development framework for smart contracts. Smart contracts, otherwise known as virtualized agreements between multiple parties, are the backbone of decentralized applications (dApps) essentially serving as the bridge that connects the static world to blockchain technology.

2019-1-16 10:00


Фото:

DApp To The Future: EOS Rockets As Usage Lifts Off

Today’s rally was short-lived, but  EOS is holding steady as the fifth biggest cryptocurrency by market capitalization. Over the past month, the coin’s value has grown by 25%.   EOS Leads the dApp Race One catalyst for EOS’ rise could be its dominant position as a platform for decentralized applications, with gambling fueling much of […] The post DApp To The Future: EOS Rockets As Usage Lifts Off appeared first on Crypto Briefing.

2019-1-15 22:31


Justin Sun Says Tron to Reach 200 Decentralized Applications Courtesy of niTron and TRX Accelerator Soon

Justin Sun, the founder of the Tron Foundation said that Tron (TRX) will reach 200 decentralized applications (dApps) in the near future. Tron is currently one of the largest digital assets in the space and it has been releasing different projects during the last few months. Tron wants to increase its presence in the market […]

2019-1-13 22:33


Практически каждое шестое децентрализованное приложение является заброшенным

По данным сервиса State of the dApps, 17. 2% из общего числа децентрализованных приложений не проявляли активности на протяжении прошлого года. Им присвоен статус «заброшенные». December 2018 was a good month for the development of #dapps (decentralized applications).

2019-1-6 08:50


Более 17% децентрализованных приложений считаются заброшенными

По данным сервиса State of the dApps, 17. 2% из общего числа децентрализованных приложений не проявляли активности на протяжении прошлого года. Им присвоен статус «заброшенные». December 2018 was a good month for the development of #dapps (decentralized applications).

2019-1-5 20:04