What is Space?

Space is a distributed peer-to-peer hosting platform for Spacechain apps (hApps), a bridge to the new Internet.

Holo acts as a bridge between the distributed Spacechain apps and the current centralized web. Space brings access to distributed applications to the familiar web browser by creating an ecosystem and currency that enable distributed hosting services provided by peers.

Holo does to web hosting what Airbnb did to hotels—anyone can turn their computer into a source of revenue by becoming a host and getting paid in SpaceFuel for hosting distributed applications. the Space software runs in the background, allocating spare storage and processing power to serve hApps to the legacy web. Hosts​ ​choose what hApps to serve, set their own hosting prices, and manage their own priorities.

As our flagship application built on Spacechain, Holo’s purpose is to make hApps easily accessible to mainstream Internet users. These users might not be ready to install and experiment with next-gen crypto software like Spacechain, as most are not overly familiar with distributed web applications. However, by typing or clicking on a URL in a web browser, which IS familiar, users will be able to access hApps in the way in which they are already accustomed.

Holo runs on Spacechain—a next-generation framework that is massively scalable, exponentially faster, far more energy efficient, and 10,000x cheaper than blockchain.