Uncomfirmed reports: Holochain is Going To Partner with Mozilla
The bearish mood of the market is wearing off, after a long spell of Bitcoin having remained below $7000. Among the winners today were Monero, Ethereum Classic, NEO, VeChain, Dogecoin and Bytecoin. Dogecoin surged over 110 percent last week, and the reason being attributed to this rise is the forthcoming listing of the DOGE/USDT Trading Pair on Poloniex.
However, another altcoin which has shown an exceptional rise in price in Holochain's HOT. The coin, a new entrant in the peer-to-peer applications network is up by 50% today. The coin is a relatively lesser-known altcoin with a market capitalization of $181 million.
"The price surge is stemming from unconfirmed reports of Holochain's upcoming partnership with Mozilla."
The story behind the price surge.
The price surge is stemming from unconfirmed reports of Holochain's upcoming partnership with Moz
Mozilla is known for its Internet browser Mozilla Firefox, which is the top web browser of the year according to techradar.com. The browser, which is light on system resources, is commended for its speed and comprehensive privacy tools.
Jim Cook, Mozilla's CFO and Netflix's co-founder, in a Youtube interview said that the platform is ready for moving the internet to a state of decentralisation and that the market's focus is slowly going to shift away from the giants in the industry. Jim Cook also said that the agent-centric model of Holochain speaks to Mozilla. Mozilla has been sponsoring Holochain's meetups, according to Matthew Schutte of Holochain.
The possibility of a partnership has not been confirmed yet, but more will be revealed in an upcoming AMA session. The deal, if it is finalised, will be among the biggest news in the crypto-sphere this year.