A key Helium developer said the need for "improved operational efficiency and scalability" could lead to "significant economies of scale" for the network.
The Helium network consists of customers who install Helium hotspots to provide decentralized wireless 5G network coverage to internet users in their area. Helium uses a unique consensus mechanism - Coverage Determination to verify the data connection and verify the coverage area HNT tokens are distributed to Helium hotspot suppliers.
The proposal needs to be implemented in Helium In order to guarantee the network capability, the developers emphasized that some technical problems need to be solved:
In the final months of the network, coverage determination activity has been greatly reduced due to network size, blockchain/validator load, and packet delivery challenges, which has been a challenge for network participants.
According to the Helium GitHub page, HIP has 70 proposals to improve these delivery data and network coverage capabilities.
If passed, Helium-based HNT, IOT and MOBILE tokens and Data Credits (DC) will also be transferred to the Solana blockchain.
HNT hotspot providers of the network earn tokens, IOT tokens are earned by providing LoRaWAN node operators, MOBILE tokens are earned when providing 5G coverage, and DC is used to pay transaction fees.
Helium developers give HIP70, which transfers PoC and transfer data account to data account Oracle. This simplifies the Helium blockchain requirements and improves scalability, speed and reliability. It also allows for more rewards for miners and transfers it to Solana.
Since its inception in 2013, the Helium network has been running on its own blockchain. "Hot" podcast host Arman Dezfuli-Arjomandi said in several Twitter posts that "the ether currency is too slow" and that "other alternatives were not as attractive [at the time]".
[When the protocol started, Helium needed to build its own blockchain because there was no blockchain to build on at the time. "
However, despite deploying nearly 1 million Helium Hotspots worldwide and backing from Google Ventures waiting list of businesses, the network has not been without blame.
Related: Helium Network Team Addresses Consensus Error After 4-Hour Outage
Last month, entrepreneur Liron Shapira criticized the network for its "utter lack of end-user demand" following reports that the network generates just $6,500 a month in revenue from data usage, despite raising more than $3.5 billion.
The Helium network also experienced a four-hour outage, affecting the ability of network HNT token holders to exchange and exchange tokens, and preventing Helium from rewarding hot miners.
positive community response
Many Helium community members responded positively to HIP70, believing that integration with Solana would benefit developers a lot.
Ryan Bethencourt, a partner at Web3 advocate Layer One Ventures, said he has 16,000 Twitter followers, and the advice is "huge" for Helium and Solana, if the advice is allowed, right.
Another Twitter user called the combination "simply exciting."
Great news from the most incredible network on the planet.
Helium and Solana have extreme hard work, tireless communities and teams from all backgrounds. We are builders, unafraid of change.
HIP set 70 votes on September 12th, and HNT token holders will vote on heliumvote.com and will end on September 18th.
These remarks do not seem to have a positive impact on the price of the HNT token, which is currently at $5.3 and has fallen by $15.5% in the past 48 hours.
