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what is holochain

What is Holochain: A Type of DLT

Holochain is a new type of DLT that offers a decentralized, scalable, and energy-efficient alternative to blockchain technology. Unlike blockchain, which relies on a single ledger that is replicated across all nodes, Holochain uses a distributed hash table (DHT) that allows nodes to store and access data without requiring global consensus. This approach enables Holochain to process transactions faster and with lower energy consumption than blockchain. Additionally, Holochain’s agent-centric architecture empowers individuals to control their own data and interact with each other without relying on centralized intermediaries. As a result, Holochain has the potential to revolutionize the way we organize and collaborate in a decentralized world.

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