Holochain suggests that it is scalable. It also claims to offer much cheaper transaction fees. In addition to transaction fees, there is no mining situation at Blockchain. Blockchain spends a lot of energy in the world due to its mining system. Holochain, on the other hand, claims an alternative to this. The extent to which the energy consumption generated by the mining situation can be sustained points to a serious question in question.
Holochain can develop and run decentralized applications through it. It is also a platform for financial transactions. Each user uses his / her own storage and internet. In Holochain, the user can only have information about his or her registration. However, if a change is noticed in that record, sanction is applied. Since Holochain is user-centered, the data is stored in the user. So everyone doesn't have to keep huge information. He only has his own knowledge.
Holochain claims that Blockchain has covered his deficits. Holochain does not have a central structure or a single chain that connects everyone. Each port has its own chain. Thus, there is no consensus. Everyone is held responsible for their own area and deficits.
Holochain tells all developers to choose Holochain, not Blockchain. It guarantees no scaling problems like the Ethereum. He claimed that Holochain would be both faster and cheaper. Holochain tells developers: There is no mining in the Holochain system and this will have two benefits. The first is that 51 percent of mining uses no risk of attack. The second benefit is that there will be no energy consumption that affects more and more segments of the society every day.
There are four actors in the Holochain system. These; host, end users, application providers (responsible for the maintenance and security of applications running through Holochain) and application developers.
Another competitor of Holochain is the Substratum. To understand what Holochain is, it is important to know your opponents.