Crypto-fueled wireless network Helium is considering a move from its own custom blockchain to Solana.
Helium’s core developers have proposed the migration, which will be voted on beginning September 12.
Helium, the blockchain platform that uses crypto token incentives to fuel decentralized wireless networks, may soon undergo a significant transformation if a newly-revealed proposal passes: it could move from its own blockchain to Solana.
Published today, the HIP 70 proposal details why Helium’s core developers want to move the network from its own bespoke chain to Solana, a leading smart contract platform used for decentralized apps (dapps), NFTs, and decentralized finance (DeFi) protocols. In short, the developers think it will improve Helium’s speed, stability, and ability to serve more users.
“Solana offers significant benefits to Helium that include, but are not limited to, scale, community, and composability,” reads a blog post from The Helium Foundation. “This change will be...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...