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Blockchain platform Helium is considering moving from its own blockchain to Solana.<\/p>\n
HIP 70, a proposal<\/a> put forward by the Helium\u2019s core developers states that the developers think migrating to Solana would improve Helium\u2019s speed, stability and ability to serve more users.<\/p>\n How would a Helium migration to Solana affect you? Don’t miss these resources: \u2014 Helium Foundation🎈 (@HeliumFndn) August 31, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n \u201cSolana offers significant benefits to Helium that include, but are not limited to, scale, community, and composability,\u201d read the proposal. \u201cThis change will be momentous in scope, impact, and benefit to the Helium network and its users.\u201d<\/p>\n The proposal states that Helium would move all of its tokens, HNT, IOT, MOBILE, and DC (Data Credits), their governance and economics to Solana.\u00a0<\/p>\n Helium will rely on third-party data sources and not on the blockchain or oracles to manage Helium\u2019s proof-of-coverage infrastructure and data transfer accounting functionality.\u00a0<\/p>\n Helium\u2019s developers said in the proposal that when they first launched the network, there were few layer-1 blockchain platforms and it made the most sense to build their own.\u00a0<\/p>\n However, since then, the network has scaled and migrating to an open-source platform such as Solana (which is built to handle large numbers of transactions) makes sense.<\/p>\n \u201cThere is now a myriad of L1 options to build on. Rather than spend time and effort improving Helium\u2019s L1, it became clear that the Helium community could benefit from the developments and shared resources from the larger industry,\u201d states the proposal.<\/p>\n\n
💻 Our blog: https:\/\/t.co\/ZFSWmwYn8f<\/a>
📆 Monthly Community Call in Discord tmr @ 9AM PT
🔔 HIP 70 Town Hall with Core Devs: Thursday @ 1PM PT
🐥 Twitter Spaces hosted by Foundation next week TBA<\/p>\n\n