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The Helium Foundation broke down key points from a Solana Tran | Helium Waves Stepn

The Helium Foundation broke down key points from a Solana Transition AMA

The upcoming migration of the Helium ecosystem to the Solana blockchain obviously has fundamental implications for the Internet of Things (IoT) telecom platform and community.The AMA covered a range of topics relevant to the transition, including the status of development, governance protocols, and migration of tokens and Hotspots. 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.

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