Beyond The Promises Of Blockchain With Mary Camacho & Josh Hardy From Holochain
Edge of NFT Podcast - A podcast by Eathan Janney, Jeff Kelley & Josh Kriger
We’ve almost always equated the next iteration of the internet, i.e., Web3, with the blockchain. That association has stuck so much that it’s almost impossible to consider anything Web3 if it’s not done on the blockchain. Today’s sponsored episode is challenging that notion! Mary Camacho and Josh Hardy of Holochain deliver beyond the promises of blockchain by providing a lightweight, secure, and versatile framework for everyday distributed apps. Holochain serves as a neutral territory for scalable coordination, a technology crucial for addressing global challenges and fostering thriving, regenerative, and creative communities and economies. There’s a lot of stuff going on with Holo, which includes the Funky 3rd Space event in San Francisco, marking a significant inflection point in the future of the internet - despite . Support us through our Sponsors:💲 Simplify your crypto payments with Request and get 1 month FREE through our referral link!🎥 Want to make content like ours? Sign up with Cast Magic to make your content creation process easy!When you purchase through these links, we may earn a commission. 🔑 Key Takeaways:◆ Holochain's Unique Approach to Distributed Applications: Holochain is a framework for building distributed peer-to-peer applications, distinct from blockchain technology. It allows every application to be its own Holochain, avoiding centralization issues common in blockchain networks. ◆ Holochain's Founding and Philosophy: The co-founders of Holochain, Arthur Brock and Eric Harris-Braun, have a background in community currencies and currency design. Their aim with Holochain was to challenge the dynamics favoring centralized power structures in digital interaction, aligning technology with the creation of a society where power is more evenly distributed. ◆ Mutual Credit Currencies on Holochain: Holochain enables the creation of mutual credit currencies, different from traditional token-based cryptocurrencies. These currencies function more like accounting systems, with values constantly adjusting in a ledger, rather than being based on supply and demand dynamics. ◆ Integration with Blockchain and Other Technologies: Holochain's architecture allows it to interface effectively with blockchain technologies. This integration can provide a more decentralized and secure approach to various applications, including those in the Web3 space. ◆ Emerging Use Cases and Future Potential: The transcript reveals various potential applications for Holochain in different sectors, including business, creative industries, and even space communication. Its structure offers unique advantages like scalability, security, and reduced costs compared to traditional blockchain applications. 💬 Quotes: ◆ Self-Reflection and Improvement: "It's probably that I don't give praise first. It's eliminating that critique comes first. That's what I would eliminate. It's a little bit more of a peanut butter and jelly sandwich. There are good things on both sides of the sandwich and then the critique in the middle." - Mary Camacho◆ Technology and Security: "A lot of dApps should have their front-ends on Holochain because the protocol will be on the blockchain. That's decentralized but the way you interact with it is often through a website and those websites are centralized. Every other day you see a front-end gets hacked. [...] Something like Holochain where you can have a decentralized self-hosted interaction with the blockchain makes total sense to me." - Josh Hardy More from Edge of NFT: 🐦 Twitter 📸 Instagram 🖱 Website 👥 Facebook🧳 LinkedIn 🥾 Reddit 🕹 Discord 🤖 Follow our NEW AI podcast, the Edge of AI ---This is not financial or tax advice. Edge of NFT content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Whenever making financial decisions, we recommend doing your own research and talking to your accountant for