What is HOT Protocol?

HOT (Holo Token) is an ERC-20 cryptocurrency token that powers the Holo network, a distributed hosting platform built on Holochain technology. HOT serves as a bridge currency during development and will be swapped for HoloFuel when the network reaches maturity. The protocol enables peer-to-peer hosting of decentralized applications without traditional blockchain infrastructure.

What is the difference between HOT and HoloFuel?

HOT is the current interim ERC-20 token on Ethereum used during the development phase. HoloFuel will be the native mutual-credit cryptocurrency of the Holo network once it fully launches. HOT holders will be able to swap their tokens 1:1 for HoloFuel. HoloFuel is specifically designed for micropayments between hosts and users on the Holo network.

What is Holochain?

Holochain is a framework for building peer-to-peer applications. Unlike traditional blockchains that maintain global consensus, Holochain uses agent-centric architecture where each user maintains their own hash chain. This approach allows for massive scalability and eliminates the need for mining, making it more energy-efficient than traditional blockchain solutions.

How do I store HOT tokens safely?

HOT tokens can be stored in any wallet that supports ERC-20 tokens. Recommended options include:

• Hardware Wallets: Ledger or Trezor for maximum security
• Software Wallets: MetaMask, Trust Wallet, or MyEtherWallet for convenience
• Exchange Wallets: Only for short-term storage (not recommended for large amounts)

Always keep your private keys secure and never share them.

Where can I acquire HOT tokens?

HOT tokens can be obtained through:

• Major cryptocurrency exchanges (Binance, KuCoin, Gate.io, etc.)
• Decentralized exchanges (Uniswap, 1inch)
• Peer-to-peer trading platforms

Important: Always use reputable exchanges and verify you're on the official website.

What should I do if I lose access to my wallet?

If you have your seed phrase (recovery phrase):

1. Download a compatible wallet application
2. Select "Restore Wallet" or "Import Wallet"
3. Enter your 12 or 24-word seed phrase
4. Your wallet and funds will be recovered

Critical: Without your seed phrase, funds cannot be recovered. Always back up your seed phrase securely.

What is HOT Labs?

HOT Labs refers to the development community and ecosystem building applications on Holochain. This includes the core Holo team, independent developers, and various projects creating decentralized applications (hApps). The labs focus on developing tools, frameworks, and applications that leverage Holochain's agent-centric architecture.

Can I build applications on Holochain?

Yes! Holochain is open-source and welcomes developers. To get started:

• Learn Rust programming language (primary language for Holochain)
• Study the official Holochain documentation and tutorials
• Join the Holochain developer community
• Access development tools and frameworks
• Build and deploy hApps (Holochain applications)

How can I identify cryptocurrency scams?

Common red flags include:

• Guaranteed returns: No legitimate investment guarantees profits
• Pressure tactics: Scammers create urgency
• Unsolicited offers: Be wary of unexpected opportunities
• Fake websites: Always verify URLs
• Request for private keys: Never share your keys or seed phrase
• Too good to be true: Unrealistic promises are usually scams

What are the best security practices for HOT holders?

Essential security practices:

• Use hardware wallets for long-term storage
• Enable two-factor authentication on all accounts
• Keep seed phrases offline in multiple secure locations
• Never share private keys or seed phrases
• Verify all wallet addresses before transactions
• Use only official websites and verified applications
• Be cautious of phishing attempts

Does MonaHotPro.org provide trading or investment services?

No. MonaHotPro.org is strictly an educational platform. We do NOT offer trading services, investment advice, financial planning, wallet applications, or cryptocurrency transaction processing. Our sole purpose is to provide accurate, unbiased educational information about HOT Protocol and Holochain to help users learn and make informed decisions.

How can I contact MonaHotPro.org?

You can reach us through:

• Email: [email protected]
• Support: [email protected]
• Contact Form: On our contact page

Our team is available Monday through Friday, 9:00 AM to 6:00 PM UTC.

How often is content updated?

We update our educational content regularly:

• Major protocol updates are reflected immediately
• General content is reviewed quarterly
• Security information is updated as threats emerge
• Community feedback is incorporated continuously

Is MonaHotPro.org affiliated with Holo or Holochain?

No. MonaHotPro.org is an independent educational platform. We are NOT affiliated with, endorsed by, or connected to Holo, Holochain Foundation, or any cryptocurrency exchange or wallet provider. We provide independent educational content about HOT Protocol and related technologies.