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/biz/ - Business & Finance

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11058530 No.11058530 [Reply] [Original]

>have to pass KYC + credit check for every coin on holochain.

>have to either maintain your own personal blockchain history, or trust that someone else is storing it for you. If either party loses the chain data you lose all your money. It doesn't have guaranteed permanence like bitcoin. If being a notary (a node that maintains records) ever becomes unprofitable they will dump your records and bail in a heartbeat.

>have to pay fees to notaries any time you do anything. Its ethereum all over again.

>HOT is not even required to use holochain; its bordering on useless even if holochain succeeds.