Helium migrates its blockchain to Solana following T-Mobile partnership

On Thursday, the Helium Foundation announced that it would be moving its mainnet to the blockchain following a community vote. According to the proposal, proof-of-coverage and Data transfer mechanisms will be moved to Helium Oracles.

Meanwhile, Helium’s tokens and governance will relocate to that of the Solana blockchain. As told by developers, the benefits of the move would include more of its native token HNT available to subDAO reward pools, more consistent mining, more reliable data transfer, more utility for HNT and subDAO tokens, and more ecosystem support.

Continue Reading on Coin Telegraph

Source link