The Helium Foundation said in an AMA that the IoT platform’s migration to Solana is still on track for the first quarter of 2023.
News From Solana Transition AMA
Members of the Helium community have all eyes on the upcoming migration of the Internet of Things (Iot) ecosystem to Solana. The telecom platform recently shared updates on the transition in an AMA, and shared the highlights via a Twitter thread.
The headline news item from the Helium Foundation is that the migration is still on schedule for the first quarter of 2023.
Likewise, the Solana team is also paying close attention to Helium’s progress.
The next Solana Transition AMA is scheduled for Jan. 26.
What Is Helium Network:
According to CoinMarketCap, Helium (HNT) is a decentralized blockchain-powered network for the Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT. Helium aims to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
Learn more about Helium Network:
What is Solana:
Solana is a public, open-source blockchain that allows for smart contracts, non-fungible tokens (NFTs), and various decentralized applications (dApps). The SOL token, which is native to Solana’s blockchain, provides network security through staking as well as a means of transferring value.
Learn more about Solana:
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