|Exam Name||:||Oracle9i Forms Developer: Build Internet Applications|
|Questions and Answers||:||188 Q & A|
|Updated On||:||April 22, 2019|
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1Z0-141 exam Dumps Source : Oracle9i Forms Developer: Build Internet Applications
Test Code : 1Z0-141
Test Name : Oracle9i Forms Developer: Build Internet Applications
Vendor Name : Oracle
Q&A : 188 Real Questions
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old articles during this sequence lined installing a database product (Oracle9i) and a development tool (varieties & reviews 6i). For essentially the most part, these installations - simply the use of what Oracle offers in its tons of of pages long setting up e book - are pretty easy. With a good amount of UNIX administration skills (a skillability roughly according to the level of getting taken solar's Solaris two admin lessons and/or Solaris Fundamentals), most people can litter through Oracle product installations on their first one or two attempts. but what occurs in the event you run into the occasional lemon-like setting up ebook, such as the one Oracle produced for Oracle9i Developer Suite (iDS)?
for example of the problems contained within the guide (together with the release notes and different notes/FAQs/cookbook documents from Oracle), there isn't any point out of environment variables crucial to be capable of basically use iDS. The environment variables required go above and beyond ORACLE_BASE, ORACLE_HOME, and LD_LIBRARY_PATH, to name simply a couple of of the greater typical variables. iDS requires "new" variables similar to FORMS90_CLASSPATH and FORMS90_BUILDER_CLASSPATH. furthermore, even the more widespread variables require new directories comparable to ORACLE_HOME/jlib.
UNIX users of this product have been left high and dry with appreciate to "divining" these new variables and alterations to one of the vital ancient ones. A TAR (technical assistance request) filed with Oracle guide features (by means of MetaLink) involving the dearth of counsel about environment variables resulted in a solution of "use the on-line assist in Developer Suite to get tips about required ambiance variables." That response, being so needless and unsuitable, confirmed one thing: the support analyst had certainly not tried installing iDS for himself since the variables shown in the online aid had been most effective of the TK (toolkit) diversity - which have fully nothing to do with getting iDS to run within the first location.A scouring of technical notes on MetaLink yielded some counsel on what variables had been required for clients setting up the windows edition of iDS. fortunately, those came about to be the same variables crucial for Solaris installations (they're covered at the end of this article). It become the conception of applying an setting up methodology that inspired me to make use of the listing of variables for windows in my UNIX atmosphere. I knew what had to be achieved (have a adequately configured user environment), but at the start, I did not recognize what the missing items were.
another twist on the usage of iDS includes upgrading the Oracle universal Installer GUI device before applying a patch to the core product. OUI is standard for installing Oracle items, nevertheless it is pretty worthless when it comes to uninstalling the equal. it is positive for seeing what you have installed (click on installed products on the acceptable window), but it is slightly under useful for those who must scroll via a gazillion (new math, a big, undetermined quantity) obscure items just to find one or two specific gadgets of interest. a little little bit of heritage first, then back to the OUI tool.
as an instance, with Developer 6.0, if you had been deploying forms together with an software, all you needed to set up become the kinds runtime engine. The installing system delivered whatever it vital to that particular option, but standard, the list of put in items was small and simple to browse through. With varieties 6i, say goodbye to conveniently opting for the runtime engine. Your most effective choice become to set up every thing concerning kinds 6i, including Oracle wallet supervisor. hello, Oracle. Why do you believe i want pockets supervisor for an easy types setting up?
sadly, that line of pondering at Oracle Corp. endured on to Oracle9i. For all intents and purposes, the kinds services/net server that got here with iDS turned into fully ample for most people desirous to install varieties over the net, however no, Oracle required users to set up Oracle9i application Server (for genuine licensed use), which is its own little nightmare of a product when it comes to ease of use and setting up. i'd like to feel that my complaints and TARs (along with these from many other users) to Oracle in regards to the egg it laid on iAS and iDS (with appreciate to types and studies) helped to spur them to release the new and more desirable edition of 9i varieties, now known as "Oracle application Server 10g, forms and experiences features 10g (9.0.four)," which is (ultimately) a standalone product that permits you to installation kinds over the internet with out the beast referred to as Oracle9i utility Server.
Coming again to the OUI device - each of the products simply outlined contains OUI, and most of them are not the same version. When installation Oracle items on Solaris, the installer creates a file in the /var/decide/oracle directory which incorporates advice (a file named oraInst.loc) regarding the vicinity of the oraInventory directory. in my view, I prefer to hold Oracle product inventory information separated and let the edition of OUI that got here with a product stay linked to that product.
that you can trick Oracle and the OUI into thinking that your current setting up manner is the first and only Oracle product in your computer by "dummying up" the oraInst.loc file. The most effective disadvantage to this procedure is the should either repair/edit the file, or rename/copy a backup file to the genuine filename (e.g., cp oraInst.loc.9idb oraInst.loc). This procedure would copy the edition of oraInst.loc for the Oracle9i database installing to the precise filename and would be integral before using the OUI towards the Oracle9i database program data setting up. youngsters, it's best having clear and (distinctly) simple lists of put in items separated by the primary/guardian product.
The next article during this sequence will cover the new and better 10g (9.0.4) id-crisis-named-edition of kinds and experiences. To make this text greater of a standalone article, the methodology shown under is repeated again to your convenience.A standard define of installing steps
instead of simply plowing into the reading of a 300-web page installation e-book and a few liberate notes, if you search for an overview of steps to observe, your comprehension of what must be finished is accelerated. Listed under is a universal define of steps that corresponds to the chapters in most installing publications.
the primary 4 steps can be considered as pre-setting up initiatives, step five as the installing project, and steps six and seven as put up-installation projects. When writing setting up cookbooks (basically for valued clientele, but they work just as smartly for in-condominium users), i like to include an introduction together with a listing of assumptions or requirements, and encompass a list of references from which the counsel turned into drawn. The reference record is useful when you should come back to the installation technique and justify why you put in an OS patch cluster or mandatory to have a bigger disk put in.
for this reason, with out further ado, here is a detailed, step-with the aid of-step installing cookbook for installing Oracle9i Developer Suite (9.0.2, including a patch) on a sun Solaris platform.
The newest Java unencumber delivers better memory management and code refactoring throughout the Java virtual machine API and opens the door for bigger things to come back.
Oracle's newest unlock of the Java platform, Java normal version 12 (Java SE 12) offers stronger efficiency, performance, protection and programmer productivity. This version, also known as Java construction package 12, or JDK 12, continues the six-month unencumber pace Oracle started in September 2017.
"What Java 12 does really neatly is prove that the Java group can ship a comparatively nondisruptive Java unencumber on a six-month cadence," pointed out Cameron Purdy, CEO of Xqiz.it, a Lexington, Mass., cloud software startup, and former senior vice president of construction at Oracle. "The reality is that there's nothing earth-shattering in Java 12 -- which is truly a very good aspect if you cost stability."
Java SE 12 offers eight enhancements, in the type of JDK Enhancement Proposals (JEPs), to enhance developer productiveness:
among these features are syntax to make a switch statement right into a change expression and rubbish assortment linked work on each the garbage First or G1 rubbish collector and the Z rubbish Collector. garbage assortment is a type of computerized reminiscence administration that frees up reminiscence that is not any longer in use or essential by using the software.Abortable blended Collections improves rubbish collection in Java 12.
Java 12's Shenandoah reduces garbage assortment pause instances since it does the majority of that work, together with compaction, similtaneously with the running Java software, in response to the OpenJDK site. That ability pause instances are not any longer directly proportional to the measurement of the heap -- rubbish assortment for a 200 GB heap and a 2 GB heap should have the equal predictable pause conduct, in accordance with the website.
"[JEPs] 341, 344 and 346 all signify solid efficiency positive aspects for operating Java out of the container from a memory management/rubbish assortment aspect of view," referred to Martijn Verburg, CEO of London-based mostly JClarity and co-lead of the London Java users neighborhood.
The better and new garbage collectors are a perennial Java vulnerable spot, and releasing reminiscence sooner is key to more desirable performance, agreed Holger Mueller, an analyst at Constellation research in San Francisco.
What Java 12 does in reality neatly is prove that the Java crew can ship a comparatively nondisruptive Java unencumber on a six-month cadence. Cameron PurdyCEO, Xqiz.it
yet another massive improvement in JDK 12 is anything that few individuals have heard of -- the JVM Constants API, which refactors historical Java code to create a single strategy to map regular statistics, including pretty complicated objects that the Java compiler produces interior each and every Java category file, Xqiz.it's Purdy mentioned. This makes it possible for the JVM to grasp all of the particulars in regards to the values of those constants, which paves the way for future Java advancements. Java facts, for instance, rely on the JVM Constants API. Java data are a function coming in a single of the next Java releases that allows you to enable a developer to succinctly create examine-only JavaBeans.
"If the Java crew obtained that venture into Java 12 with out breaking the rest, then they have opened up a bunch of opportunities to do some neat stuff down the street that in any other case would were impossible," Purdy observed.
The old version, Oracle JDK 11, become the primary lengthy-time period support (LTS) feature free up. Java SE LTS releases can be up-to-date each three years, with new characteristic releases each six months. JDK 12 will acquire at the very least two updates before being superseded by using Oracle JDK 13, slated for September 2019.
As businesses modernize the a long time-historic application systems that nonetheless run their groups, they’re turning to built-in suites of cloud purposes—finance, sales, advertising, HR, and provide chain apps that effortlessly talk with one an extra. It’s a large cause Oracle’s cloud purposes company is transforming into so fast, Chairman and CTO Larry Ellison mentioned on the enterprise’s third-quarter profits call.
“valued clientele don't like to be liable for the complex process of integrating a lot of distinctive functions, running on loads of distinctive companies’ clouds,” Ellison talked about. Oracle gives that front- and again-workplace integration in its cloud-based mostly application suites.
Oracle mentioned third-quarter earnings of $9.6 billion. Its complete cloud services and license help revenue became $6.7 billion, representing sixty nine% of profits.
Oracle CEO Mark Hurd observed earnings for the business’s Fusion human capital administration, commercial enterprise resource planning, give chain, and manufacturing cloud functions grew 32% in the quarter compared with the 12 months-ago quarter, and income for its NetSuite ERP cloud functions grew 30%. Oracle’s total internet income expanded to $2.7 billion.
Hurd noted there’s a misperception about all of that historic software nonetheless running most corporations: individuals mistakenly think those on-premises purposes are items from both Oracle or “the business from Germany.” in fact, he cited, greater than half of those legacy applications are from a dozen or so smaller providers—businesses that aren’t making the form of deep investments in a cloud-based suite of functions that Oracle is.
“There’s a blizzard of [other] organizations,” Hurd mentioned. “They’re now not even public corporations. They’re on their 2d or third flip via private fairness. They’ve received no migration plan to the cloud.”
Oracle has informed a few of its construction and income teams to specialize in assisting stream organizations operating on these outdated on-premises applications to up to date, cloud-based utility suites. “These are old, old items of code,” Hurd pointed out of the rival choices. “These need to flow.”
self sustaining Database’s C-level enchantment
On the revenue name, Ellison noted Oracle’s future “rests on two strategic corporations”—particularly, cloud purposes, led with the aid of Fusion and NetSuite, and cloud infrastructure, including Oracle self sustaining Database.
Oracle independent Database, introduced closing yr, already has basically 1,000 clients and added round 4,000 new trials in the third quarter, Ellison talked about. accessible in transaction processing and facts warehouse models, Oracle self sufficient Database automates lots of the features prior to now completed with the aid of extremely professional administrators, corresponding to provisioning, patching, and tuning.
corporations are lifting and moving their current data warehouses, to run at a a good deal lessen cost than on Amazon net functions databases, and they’re improving developer productiveness, as a result of a developer can spin up Oracle autonomous Database inside minutes as an alternative of days or weeks, Ellison said.
as a result of Oracle autonomous Database improves protection as neatly, thanks to its automated patching of device vulnerabilities, CEOs—not simply database directors—are taking word, Hurd mentioned. “The CEO would go, ‘I absolutely get it,’” he observed. “Our customers at the CEO degree now be mindful what a patch is. They remember why it’s so important, why it’s so strategic.”
When groups suffer statistics protection breaches, the trigger is commonly a software vulnerability for which a patch turned into already obtainable—but the business hadn’t gotten around to applying it, as it required IT team of workers to discover the vital database, agenda downtime, and make the repair. Oracle self sufficient Database patches itself instantly, and not using a downtime. said Hurd: “we've many customers who mentioned if this aspect did nothing but that, i would migrate to independent Database.”
protected Harbor Disclaimer: Statements listed here regarding Oracle’s future plans, expectations, beliefs, intentions, and prospects, together with statements concerning the future boom of Oracle’s cloud applications and infrastructure enterprise, are “ahead-searching statements” and are discipline to fabric hazards and uncertainties. Many elements could have an effect on Oracle’s latest expectations and exact results, and will trigger precise results to vary materially. A dialogue of such components and different dangers that have an effect on Oracle’s enterprise is contained in Oracle’s Securities and change fee (SEC) filings, including Oracle’s most fresh experiences on kind 10-okay and kind 10-Q under the heading “chance elements.” These filings can be found on the SEC’s site or on Oracle’s website at http://www.oracle.com/investor. All tips in this article is existing as of March 14, 2019, and Oracle undertakes no duty to update any remark in mild of new suggestions or future hobbies.
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This document provides information on how to install and configure Oracle9i Developer Suite (iDS), including PatchSet 1 (188.8.131.52.0), on a Sun SPARC Solaris platform. It does not cover how to convert or migrate forms.Who Needs to Install Oracle9i Developer Suite?
iDS needs to be installed in order to convert Oracle forms from Forms 6i to Forms 9i, where 9i forms are deployed over the web. The Forms 6i client/server architecture does not exist when using Forms 9i, and Oracle9i Application Server does not come with a forms development tool. If you are planning to use Oracle9i Application Server (iAS) to display proprietary forms over the web, you need to install iDS to convert or migrate 6i forms to a 9i state. If you are using forms developed by a third party, you do not need to install iDS; however, iDS can be installed and used to test forms on the web in a non-production setting.Installation Overview
Installing Oracle9i Developer Suite (iDS) and the patch consist of the following steps:
To convert forms created in Forms 6i, use the iDS Form Builder tool. It is similar to the version found in Forms & Reports 6i. Two of the most notable differences between these versions are related to menu items (some items have changed locations) and how you test running a form after it has been compiled. iDS includes a forms migration utility (a UNIX shell script), but using Form Builder is more thorough with respect to identifying required changes between forms versions. The majority of the conversion process has to do with updating references to obsolete built-ins. Once forms are converted to 9i, seeing and using them is a simple matter of entering the correct URL in Internet Explorer or Netscape Navigator.
As far a user is concerned, the end result of successfully installing iDS and migrating 6i forms to a 9i state is an interface to 9i forms that looks identical to what the user would see if the forms were being presented via iAS. The web server test engine that comes with iDS makes forms appear in exactly the same manner as if they had been called using iAS.System and Hardware Requirements
Processor: 200MHz (or higher) SPARC processorRAM: at least 256MB, 512MB recommendedDisk Space: 2.0GBSwap Space: 500MBOperating System: Solaris 8 or 9 (SunOS 5.8, 5.9)Operating System Patches: download and install the latest patch cluster, including the J2SE Solaris patch cluster, from Sun at http://sunsolve.sun.com (Patchfinder link under Patch Portal).
NOTE: Solaris 8 comes with Java 1.1 or 1.2. The version of Java (java -version at a UNIX prompt shows the current version) found in the /usr directory needs to be upgraded to 1.3.1. Instructions for this are covered here (http://java.sun.com/j2se/1.3/install-solaris.html). Solaris 9 comes with 1.4.0, and no upgrade or patch is needed.ORACLE_HOME and Environment Variable Considerations
Oracle9i Developer Suite must be installed a separate ORACLE_HOME location. Oracle's installation guide for iDS directs you to not use any references to ORACLE_HOME in environment variables for the installation process. That information conflicts with other documents produced by Oracle. There is also no definitive source as to what paths need to be included in the PATH, LD_LIBRARY_PATH and CLASSPATH environment variables. iDS can be successfully installed using the information shown in the sample .cshrc file at the end of this guide.Required Software
In this Help Net Security podcast recorded at RSA Conference 2019, David Meltzer, CTO at Tripwire, and Lamar Bailey, Senior Director of Security Research at Tripwire, discuss the challenges of securing DevOps.
Here’s a transcript of the podcast for your convenience.
David: Welcome to the Help Net Security podcast. This is David Meltzer, the CTO at Tripwire. Today I’m joined by Lamar Bailey, Senior Director of Security Research at Tripwire. Today we’re going to be talking about DevOps and DevOps security.
Lamar, DevOps is certainly gaining a lot of traction in the security world and we’ve seen the proliferation of DevSecOps, SecDevOps, SecOps. What are you seeing happening this year around DevOps at RSA?
Lamar: It’s definitely a hot topic here at RSA and lots of companies are looking into it, trying to figure out how to merge between the security teams and the development teams. The development teams are definitely running ahead, trying to get things out to market and security teams are trying to make sure that everything they are pushing is secure and it’s going to the delivering processes. We’re seeing a lot of companies and services trying to bridge that gap, and make sure that those two teams can work together and be able to get their process and products out.
David: From an IT security perspective, starting to understand what are these DevOps parts of the organization doing, what’s a good way to get started?
Lamar: I’d say the best way to get started is to go talk to the developers and see what they’re planning. There’s a lot of open source DevOps tools that are out there, and we see a lot of developers going, grabbing those, working with those, playing with those, and I’m bringing those into the workplace and using them. A lot of times it becomes things that security teams don’t know about, IT doesn’t know about yet. But talk to them, see what they’re using and see how to bridge and make sure we can add security to those tools.
David: One of the things that I’ve seen myself talking to application developers is, how often security just wasn’t even in their considerations, as they started to adopt more of these DevOps tools, especially as they were moving to the cloud. As you see customers adopting cloud infrastructure, what are some of the top security challenges they’d need to be thinking about?
Lamar: One of the interesting security challenges of the cloud we see, is kind of a throwback, it’s access. It tends to be where everybody has root access. They don’t go through and take the time to set up all the least privilege. Everybody that has access to the cloud, has the same root access, and it causes problems.
David: What kind of solutions are there out there for figuring out where these access systems are misconfigured or where these settings exist?
Lamar: There’s not as many as you would think. It is pretty hard to configure the access in some of these cloud services. Some of the cloud services providers themselves have tools, but then they have to be set up correctly. You’re looking a lot of third parties to look to come in and manage that and look at that.
David: Containerization is another area. I’ve seen a whole lot of growth of over the last couple of years, people using Docker and now Kubernetes. Are there security challenges you’ve seen around those areas?
Lamar: Definitely. On the containers, it’s kind of the next segment from virtual machines and for a period of time people thought “oh, it’s just a container, there’s no security issues with it”, which we find that’s not the case. Scanning those containers need to happen pre-production and during production. There are tools out there that you need to be looking at and looking at your containers before they move into production, make sure they are secure and check compliance.
David: One of the Tripwire researchers I saw had been doing some assessments of open source operating systems available in containerized form, and actually found some of the default operating systems being shipped as containers were still vulnerable systems, as they existed.
Lamar: We’ve seen a lot of a lot of that actually, in some of the research. There’s a lot of free containers you can just go grab and start your work from there, but they’re not necessarily secure or they’re not configured correctly. So it’s like grabbing any open source, you’ve got to vet it. You’ve got to make sure it’s what you need for your environment, make sure is secure and then build on top of it.
David: That makes a lot of sense. In terms of looking into that pipeline, what are some of the key areas of integration that people should be thinking about as they start to figure out: “How do I work in this DevOps life cycle and insert security into it?”
Lamar: Definitely, preproduction. We’re seeing a lot of tools now where it’s easier for the developers to scan their own containers and scan their own even serverless, to see what their security stance is before they start. As long as that’s easy, they’ll continue to do that, and they don’t mind doing that. There’s an easy way to fix them before they move into production, because they want to get their code into production, and they don’t want to have IT or SecDevOps say: “All right, well we didn’t do this. Let’s hold off a week or a month.” They’re more interested in getting their code out, so they’ll follow the processes. Having it done beforehand is huge. Looking at it after you push into production, that’s also always going to be required.
David: I remember the old way of doing security assessment which is someone makes a build, they put it into test, and they let security have at it for a couple of days, or they’ll spend a week doing their security assessment. Clearly, those approaches aren’t going to work anymore when people are trying to push code into production on an hourly basis. I think that’s the part that people are often missing around the DevOps cycle which is really all about agility and speed and the velocity that the developers are moving at. Any security solutions that we look at, absolutely have to be moving at the pace of DevOps. That means we have to rethink some of the traditional security controls, maybe even the idea of taking a few hours to do these assessments, really doesn’t work in this new world again, does it?
Lamar: Definitely not. We used to do Waterfall, and Agile killed that. Now DevOps is killing Agile. It’s just not fast enough and IT has got to be at that same pace. I think it’s imperative that you scan and your security is throughout your whole process, and like you say it’s minutes, it’s not hours, it’s not days. Then you’ve got to have a way to revert, if something is wrong, and revert has to be almost instantaneous also.
David: When you are seeing those changes that are happening, and you’re trying to address the security issue right now, what’s the most effective way to deal with that? What are the new ways that people are thinking about securing the CI/CD pipelines that didn’t exist a couple of years ago?
Lamar: It’s integrations and automation mainly. Integration with different tools to check where you’re at in the process, check your pipeline. Once you get into production basically, it’s kind of the most effective way. Any change happens to production, then you just rollback. You don’t have to wait and see what the change was, you can do the forensics on the back end. But if this container changes, for instance, roll it back, put in the known good go container and go forward. That should be completely automated and be in a matter of seconds, not even minutes, for that to happen.
David: Let’s talk about one other topic which is something I hear DevOps talk a lot about which is immutable. That design pattern that everything that we move to production won’t change at all anymore. All the changes will happen from the developer perspective. Have you heard people talk about or use immutability? How does that affect the security of these applications that are built with this immutable paradigm?
Lamar: It is. It comes up a lot, and I think the theory is pretty good. But there’s also the gap of, once this is moved into production, even though the developer did the changes, IT made, and what changes happened. Should that particular device be doing something different now than it did before? You go back and ask the developer what was the change control, and the developer tells you: “Oh, that’s in GitHub or in my code control system to tell you what all my changes were.” There’s a gap there that’s happening, so they’re not as immutable as they think they are.
David: The other thing people also need to keep in mind is the idea that, even if the container or the immutable object itself doesn’t change, the threat environment is always changing. So, a system that might not have been vulnerable when we first scanned it a couple days ago, actually maybe a new vulnerability came out and is vulnerable today.
Lamar: Absolutely. Continuous scanning of these devices is required, these assets. You can’t scan like we used to. Companies will scan their assets once a week, once a quarter, once a month. That’s not valid anymore. Our landscape changes so fast. We’re looking at DevOps switched the code and the products are changing so fast, we almost need to be in a complete continuous security assessment.
David: When you see DevOps being applied in organizations, is it just a cloud thing that you’re seeing or is it happening for on-premise systems and virtualization environments as well?
Lamar: It’s happening all across the environments. It’s interesting because it’s not the same teams. What you’ll see in large enterprises is, maybe there’s multiple teams that are doing this, and some are doing it in cloud, some are doing it on-prem, and they don’t even use the same tool sets. There’s not as much standardization across here either, which is also an issue from an IT’s standpoint of trying to make sure everything’s secure.
David: Moving at the pace of the internet and trying to secure all those systems, certainly a difficult challenge. Thanks for sharing your thoughts on this. This has been Dave Meltzer, the CTO of Tripwire, along with Lamar Bailey, Senior Director of security research at Tripwire.
If you want to find out more information about how DevOps is affecting security or the kind of solutions that Tripwire can provide to integrate into your CI/CD pipeline and help you with your DevOps security, go to www.tripwire.com.
HOLO cryptocurrency (HOT) is hovering around 35th place on CoinMarketCap, right up there with DigiByte, Lisk, and Bitcoin Gold – a respectable place to be.
But what exactly does this project propose with its Holochain, HoloPort, and HOLO cryptocurrency, and how will it help distributed application adoption?HOLO says the ‘internet is broken’
“The internet is broken”, HOLO declares in its presentation video.
“It’s run by centralised servers and institutions. It’s vulnerable to hacking. Users should have control of their own data,” and so on and so forth.
We may agree vigorously with this sentiment. However, if I had a HOLO cryptocurrency for every time I’ve heard this, I’d be a big bag holder indeed.
So what is HOLO doing differently to actually ‘rebuild the internet’ rather than just incentivise users to create dApps or share content in its ecosystem?What is Holochain?
The backbone of the HOLO project is Holochain. The company claims this can outperform blockchain technology and scale without limit.
Holochain is a distributed computing network that works on a peer-to-peer basis rather than running through centralised servers.
That’s to say, the focus is not on the blockchain itself, but rather on the network. In fact, its co-founders – Eric Harris-Braun and Arthur Brock – believe that Holochain is so superior to blockchain technology that they don’t recognise it as a blockchain anymore. It is a distributed cloud owned and run by its users.
Holochain is moving blockchain to the cloud, which is a $130bn industry today.
Since there is no cap on the number of users taking part and earning HOLO cryptocurrency for providing computing power, there are also no limits on how many dApps can be hosted.
HOLO offers peer-to-peer web applications that replace the middleman by using the spare computing power from users’ own devices, thus creating a cloud run by users.
Rather than just file hosting, they say, “we’re talking about distributed crypto apps small and large all the way up to Facebook scale”.
At least, that’s the goal. HOLO needs more contributors to its network to be successful in creating a new internet.What’s the difference between decentralised and distributed?
Holochain focuses on distributed computing rather than decentralised, but what’s the difference?
The main difference lies in how the blockchain is processed. Let’s take a decentralised network example such as Ethereum, in which every node has to process the entire chain. This is great for security, but not so good for agility, speed, or scalability.
Distribution removes the need to process the entire chain but maintains data integrity through unlimited peers without needing a consensus mechanism.
Distribution solves the scalability issue by running more like a Layer-2 concept for scaling, such as sidechain or mother/child networks like EOS – again, without the need for consensus. That means no PoW, no PoS, and in fact, no mining.
This concept should make distributed apps infinitely faster and more efficient. This is particularly appealing to apps in which every fraction of a second counts, like video games.So what about HOLO cryptocurrency?
HOLO has come a long way since its ICO in March 2018, in which it released some 25 billion HOT as ERC-20 tokens (compatible with Ethereum). The supply was then increased to 133,214,575,156 HOT and 30,202 ETH was raised. 75% were for public sale and the remaining 25% held back for the team and future development.
HOLO cryptocurrency has a current market cap of $180,052,650 USD, or 1,250,399 ETH, and is supported by most ERC-20-compatible wallets.
Users receive HOLO cryptocurrency for their hosting services, although that’s soon changing to Holofuel. Users will need to purchase a HoloPort to participate and earn.
You don’t need to be a developer to become a host on this new internet. HoloPorts are plug and play, so you simply need to follow the instructions. When distributed apps need hosting, your HoloPort will provide them with storage and processing power, earning you Holofuel.
Instead of tracking everyone’s token transactions, these host nodes track their own transactions. This is more reflective of current transactions in today’s world where to make a small purchase, you don’t need every serial number of every bill you every used – you just need the current transaction verified.
Story continuesWill HOLO help distributed application adoption?
It’s certainly possible, especially within the realms of the sharing economy, mesh networking, and areas in which cutting out the middlemen have particularly clear use cases.
HOLO also has some staunch supporters in the form of Deloitte and Mozilla, as well as a large community and a forward-thinking technology.
They have a strong development team, and the ability to remove the need for consensus might just change the way blockchain technology develops.
It certainly seems that the HOLO team’s heart is in the right place. But like all things blockchain, it will need some more time to prove itself as the blockchain of blockchains (or Holochain of blockchains).
The post How HOLO cryptocurrency is helping distributed application adoption appeared first on Coin Rivet.
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