So I was thinking about the realmatic theory of how hoid's powers work. My theory is that somehow, he combines sand mastery with allomancy, the resonance creating an ability to connect you to hoid's story. This is (kind of) supported by Hoid's explanation of how he got his powers in Warbreaker as
“ “I learned it many, many years ago from a man who didn’t know who he was, your majesty. It was a distant place where two lands meet and gods have died.”
This possibly could refer to the well of ascension and his encounter with Kelsier in secret history.