Buy Holo

Holochain (HOT) strives to become the replacement for the blockchain. In Holochain's view, this is necessary now that many projects that use blockchain technology face scalability problems. To resolve this, Holochain uses a different kind of consensus mechanism, which is needed to process transactions. Holochain strives to offer a platform on which decentralized applications can be built. In addition, it is possible that everyone spends their "own" (Holo) chain.

Holochain has designed an alternative consensus mechanism whereby it is no longer necessary for the entire transaction history to be stored in many different decentralized locations. Instead, one central log is kept which is provided with new information by several decentralized logs, all of which keep a record of the transaction history. In this way it should be possible for the Holochain to be able to scale up indefinitely and so that the platform should be suitable for building decentralized applications and for issuing "own" (Holo) chains. Costs are charged in HOT for using the platform to publish decentralized applications or (Holo) chains.

Bitvavo makes it as easy as possible to buy the currency of the future.

1. Sign Up
Create a free account with which you can buy, sell, send, receive and store Holo. Access your Bitvavo wallet from every location, both mobile and desktop.

2. Transfer Funds
Transfer euros to your Bitvavo wallet using one of the 8 supported payment methods, including Credit Card. Instantly buy Holo, once the payment is processed.

3. Trade
Buy or sell over 50 digital assets and pay a maximum trading fee of 0.25%. Send Holo to an external wallet or store them on your Bitvavo wallet.

You need a wallet in order to store and use Holo. There are several options for saving and using Holo.

Hosted Wallet
Hosted wallets are wallets where the access keys to your Holo are managed by a third party such as Bitvavo. Access to your account is protected by a password, and possibly other advanced security methods. Once you are logged in, you can easily and conveniently manage your Holo online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform. Click here for more information about how Bitvavo saves your digital assets as securely as possible.

Software wallet
A software wallet is a program installed on your computer or any other desired device in order to use and manage your Holo. By using a software wallet, you have full control over your "private keys" (and therefore your Holo), so you are not dependent on third parties such as Bitvavo. The software wallet simplifies the process of accessing your Holo. The risk is that if malicious parties have access to your device, your private keys (and therefore your Holo) can be stolen.

Hardware wallet
A hardware wallet is a physical device on which you can store your Holo offline. It is one of the safest ways to store your Holo, because the private keys are stored on a seperate, offline, device. Access to this device is often protected by a password. In that respect, a hardware wallet can be compared to a safe in which your Holo are stored.

You can use a hosted wallet, as offered by Bitvavo, to easily store, send and receive Holo. However, you are, just like at a bank, dependent on a third party (Bitvavo) for storing your Holo.

One of the advantages of Holo is that you can send, receive and store your own digital assets without the relying on third parties. You do this by sending your Holo, from your Bitvavo wallet, to your own software or hardware wallet.