The communications protocol, Helium Network, has set March 27 as the date for its migration to the Solana blockchain, a move that is expected to improve the scalability and reliability of the network.
On March 27th, this will allow for the expansion of the network’s reliability and reliability.
The time to complete the migration is estimated at 24 hours, starting on March 27, and during the whole process Helium’s network will temporarily shut down. However, ‘proof of coverage’ and ‘data transfer’ activities will remain unaffected.
As the network has informed, a working group of volunteers from the Helium community will be set up to oversee the migration process.
After the network’s operation will be temporarily suspended, validators will stop producing blocks and transactions will not be synchronized. Then, after the migration is complete, a final snapshot of the blockchain will be taken and hotspots will be created as NFTs, as the network itself explained.
“Please note that any rewards generated from the ‘Proof of Coverage’ activity during the 24 hours of the outage will be available to be received in the Helium wallet after the migration is complete. Oracles will update account balances and hotspot owners will be able to use the new service to claim their credits,” Helium said.
HNT and MOBILE token holders will not need to take any action to participate in the upgrade. The same is true for the majority of hotspot holders, although large owners may be able to test specific claims features or develop custom wallet-related solutions.
Benefits
The move to Solana was made possible after a vote among the Helium community and the approval of HIP-70 on September 22, with over 80% of the votes in favor. At the time, developers highlighted that the benefits of the migration would be the fact that Helium tokens would now be available to subDAO reward groups, the mining process would be streamlined, and data transfer and overall ecosystem support would become more reliable.
Collaboration with T-Mobile
Also last September, Helium developer Nova Labs announced a deal with US telecoms provider T-Mobile to launch a mobile encrypted service, which allows subscribers to earn cryptocurrency rewards for sharing data on coverage quality and also helping to identify locations of dead spots in Helium coverage nationwide.
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