Helium migrates its blockchain to Solana following the partnership with T-Mobile
Project developers cite Solana's ability to improve efficiency and scalability as reasons for the move.
New
On Thursday, the Helium Foundation announced that it will be moving its mainnet to the Solana blockchain following a community vote. According to the proposal, proof of coverage and data transfer mechanisms will be moved to Helium Oracles.
It's official! The HIP 70 vote is over. #Helium will migrate to the @Solana blockchain! pic.twitter.com/V2WIajou7R
— Helium (@helium) September 22, 2022Meanwhile, Helium tokens and governance will be moved to those of the Solana blockchain. As the developers said, the benefits of this move would include more of its native HNT token available for subDAO reward pools, more consistent mining, more reliable data transfer, more utility for HNT and subDAO tokens, and more ecosystem support.
Helium is a blockchain wireless communication protocol. The same week, Nova Labs, the creator of Helium, signed an agreement with US telecommunications provider T-Mobile to launch Helium Mobile, a crypto-powered mobile service that will allow subscribers to earn crypto rewards. Helium Mobile subscribers on this cellular plan can choose to earn token rewards for sharing coverage quality data and helping identify Helium dead spots nationwide. A 5G-enabled device is required.
As a decentralized wireless network, Helium offers open source coverage around the world. Since its launch in 2019, more than 900,000 hotspots using Helium have been deployed, with 1,000 units added daily. There are currently over 2,500 active Helium hotspots with 5G in 889 US cities since the program became active in August 2022.
Solana, the new blockchain from Helium, is known as a hub for building decentralized applications. When considering voting transactions, Solana's daily transactions grew from approximately
Project developers cite Solana's ability to improve efficiency and scalability as reasons for the move.
New
On Thursday, the Helium Foundation announced that it will be moving its mainnet to the Solana blockchain following a community vote. According to the proposal, proof of coverage and data transfer mechanisms will be moved to Helium Oracles.
It's official! The HIP 70 vote is over. #Helium will migrate to the @Solana blockchain! pic.twitter.com/V2WIajou7R
— Helium (@helium) September 22, 2022Meanwhile, Helium tokens and governance will be moved to those of the Solana blockchain. As the developers said, the benefits of this move would include more of its native HNT token available for subDAO reward pools, more consistent mining, more reliable data transfer, more utility for HNT and subDAO tokens, and more ecosystem support.
Helium is a blockchain wireless communication protocol. The same week, Nova Labs, the creator of Helium, signed an agreement with US telecommunications provider T-Mobile to launch Helium Mobile, a crypto-powered mobile service that will allow subscribers to earn crypto rewards. Helium Mobile subscribers on this cellular plan can choose to earn token rewards for sharing coverage quality data and helping identify Helium dead spots nationwide. A 5G-enabled device is required.
As a decentralized wireless network, Helium offers open source coverage around the world. Since its launch in 2019, more than 900,000 hotspots using Helium have been deployed, with 1,000 units added daily. There are currently over 2,500 active Helium hotspots with 5G in 889 US cities since the program became active in August 2022.
Solana, the new blockchain from Helium, is known as a hub for building decentralized applications. When considering voting transactions, Solana's daily transactions grew from approximately
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