The community members of the Internet of Things (IoT) blockchain network – Helium – has voted for a complete transition from it’s custom blockchain to Solana to improve network scalability. The move is aimed at helping Helium remain competitive enough to meet the demands of current and future users.


The HIP 70 proposal published by the Helium Foundation has been worked on under the radar for several months. In August, the foundation listed the reasons behind the core developers disposition to Solana from its own bespoke chain to ramp up Helium in terms of stability, speed and ability to serve/host more users. The vote for the migration began on 12th September 2022. 81.41% voted in favor of the migration while 18.59%, stood against it.


The proposal said;

“The proposed changes in HIP 70 do not change the fundamentals of the Helium Network or HNT, but provide several benefits to the Helium Network including more HNT available to subDAO reward pools, more consistent mining, more reliable data transfer, more utility for HNT and subDAO tokens, and more ecosystem support.”


After the completion of the migration, a new version of the Helium Wallet App will be launched. The complete history of the Helium Layer 1 blockchain will remain accessible to the public and users will be able to access the new wallet application by updating their current wallet app.


The holders of the HNT token will also be able to make use of other wallets in the Solana ecosystem including Phantom or Solflare. For the uninformed, Helium is a Google-backed startup that was founded by Amir Haleem, Shawn Fanning, Mark Ranalli and Sean Carey in 2019.


It is essentially a distributed wireless network that rewards its users with cryptocurrency tokens for sharing their home internet service with a broader community. As per the latest data, it has attracted over 952k active node operators, so far.


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