What is Helium?
First of all, this is not a chemical element with the symbol He and atomic number 2.
Helium - Google Search
Please click here if you are not redirected within a few seconds. Helium is a chemical element with the symbol He and…
It is the People’s Network.
Their goal is to allow low-powered wireless devices to communicate with each other and send data across their network of nodes. It is to prepare for IoT or the Internet of Things.
Abandon the idea
Helium has no advantage of their invention on “Proof of Coverage” (PoC) that works to verify hotspots are located where they claimed.
Why do double work to verify hotspots if the service provider has identification verified in the first place?
Helium tagged into Solana
HIP 70: Helium Core Team Proposes to Migrate to Solana
Developers have proposed HIP 70, which would move Proof-of-Coverage and Data Transfer Account to Oracles and the Helium…
Their proposal claimed to increase its speed through scalability.
The truth is their assumption is wrong at the beginning.
My guesses here are:
Crypto-Powered Wireless Network Helium Raises $200M at $1.2B Valuation: Report
Michael Bellusci is CoinDesk's crypto payments reporter. Decentralized telecommunications network Helium has raised…
- they raised $200M funds that need to deliver products
- they cannot meet the expectation
- they share their price with Solana to come up with something new
- they are likely to be quite quitting in the coming years
Oh, if you bought a Helium token, you just got rugggggggggggggggg…
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