Development of Holoscape & Exchanges Evaluation

Leadership & Org Update12

Topics

Why Holoscape Now?

Evaluating Exchanges that List HOT

Updated Page for HOT Stats

Why Holoscape Now?

In the last two Dev Pulses we wrote about our development of Holoscape. We thought we’d address why this piece of development is so important and why it was critical to write now.

Testing distributed Holochain Apps (hApps) is HARD. Especially on multiple machines. We had previously written an electron app that bundled a test hApp so that we could test out networking with multiple machines. We knew that all of the hApps being built by Holo would need to be tested out the same way. Holoscape is a generalization of that that initial Electron based (easily installable, complete in one package binary that you can install as a desktop app), that simply allows you to choose the hApp you want to run and manage. Thus we can test out DPKI with personas in various configurations with our Chat app. We can also now test all of the other hApps required for Holo on our journey to shipping Holoports including the HoloFuel app and Holo hosting — without our devs having to fiddle with configuration files all the time.

Guess what? That’s exactly what any holochain dev needs and this release can become a first example or reference app of exactly the sort of tool that any Holochain app end-user requires for installing and administering distributed Holochain apps locally.

The other thing that building Holoscape now forced us to do is to land the hApp bundle format that is useable at the Holochain and Holo levels for building up hApp user interfaces that rely on multiple backend Holochain apps. This is precisely what is required for the HoloPort Admin UI that we are developing now. Find out more about these new developments in detail in Dev Pulse 42 and Dev Pulse 43.

Evaluating Exchanges that List HOT

Supporting the interests of our community and token holders has always been a primary objective of our technical, regulatory, and architectural strategies. Before we launched our Initial Community Offering (ICO) in April 2018, we searched many jurisdictions for a regulatory framework that was specifically designed to regulate distributed ledger technology and enable ICOs in a way that was flexible and based on principles, not specific to technology or currency design. Gibraltar has only become a stronger decision over the last 16 months.

In the past we have not recommended exchanges but instead asked our HOT holders to do their own diligence. Recently, we did a complete evaluation of all exchanges currently listing HOT so we could provide some insight into a typically opaque and confusing market.

One of the primary sources for confusion is volume data. Volume can be misleading for a number of reasons including trading incentives, fee structures, and market manipulation.

Though it might be tempting to simply choose an exchange with high volume numbers, we decided to determine our own criteria which weighed some information more heavily than others, including but not limited, to some of the following categories.

Security Measures: Two factor authentication and hacking episodes

Reputation: Broadly including several qualitative and quantitative factors

Geographical Reach: Possible indicator of regulatory compliance framework

Ease of Use and UI/UX: Ease of use for both novice and expert crypto traders

Methods of Purchase: Fiat currency and credit cards being positive indicators

Fee Structure: Can indicate incentives for high trading activity

Verification Process: We evaluated those exchanges that have a verification processes as prepared for compliance

Community Activity: Qualitative assessment of what people say about the exchange on different online forums

After evaluating all of the listing exchanges, we are prepared to share broadly the exchanges that we believe can currently serve the needs of HOT holders across many different jurisdictions.

We will continue to evolve our list and evaluations as the markets shift and as we may become listed on future exchanges.

Updated Page for HOT Stats

We’re pleased to share our updated HOT stats webpage which includes base information from our Initial Community Offering (ICO) and live feeds of HOT price. We’ll continue to update this page as it seems relevant or useful.

Page for HOT Stats

We appreciate all the engagement, dialogue, discussion, feedback and questions that are provided across all the social and online channels. We look forward to our continued journey together towards a more distributed Internet.