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Helium L1 Joins Solana
The Helium Network is set to begin the massive migration of the Layer-1 blockchain to Solana today. The transition is expected to take about a day, with Helium tokens becoming accessible Wednesday, April 19.
Tokens will be accessible at any time after the migration is complete (~April 19). If you have questions, hop into the Helium community Discord (link in bio). Check out the full set of Helium x @Solana migration guides here for more info! https://t.co/XJi2jyBJp0 https://t.co/3ToFzgi7TK
— Helium🎈 (@helium) April 17, 2023
In the runup to the migration, which has been in the works for months, Helium shared information with users about what will happen during and after the migration.
Helium Validator owners, here's a @Solana migration guide to help you familiarize yourself with how to access and utilize your staked HNT (which will become veHNT) after the move to Solana! 👇 https://t.co/eHv1fFiAtt
— Helium🎈 (@helium) April 17, 2023
The Helium blockchain is scheduled to stop at 16:00 UTC, with activity in the Internet of Things (IoT) ecosystem restarting on Solana the next day.
🎉 1️⃣
— Helium🎈 (@helium) April 17, 2023
We are 1 day away from launching on @solana mainnet.
Helium Community, this has been an incredible effort by all network stakeholders and YOU.
The Helium Blockchain will halt at 9 AM Pacific / 4 PM UTC. Here's some of what to expect 🧵 ,👇
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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:
Twitter | Website | Discord |
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:
Website | Twitter | Docs | Github | Discord |