Helium Staking Economics and the Utility of HNT

Xavier Meegan
Jun 23 · 12 min read

Helium Overview

Helium is a blockchain network with a native cryptocurrency (HNT) used to incentivise individuals around the world to provide coverage on a global peer-to-peer wireless network. This is done using a Helium compatible hotspot, which to date provides coverage for low-power IoT devices. Traditional networks such as WiFi do not suit IoT devices well because of…