Helium’s native blockchain halted as challenge shifts to Solana

Helium, an Web of Issues (IoT) challenge, is at present within the means of from its blockchain roots to Solana  — a blockchain community identified for its velocity and scalability.

Based on an official announcement made on April 18th, the aim of this main migration is to boost the soundness and scalability of the Helium community. The community is constructed on a decentralized community of IoT gadgets that provide connectivity for low-power, long-range wi-fi gadgets.

Helium’s formidable transfer to Solana commenced yesterday at 4:00 PM UTC and is slated to complete inside a day. To facilitate the migration, the native blockchain of Helium has been paused, and a snapshot of the community has been taken.

The Helium tokens (HNT) and MOBILE tokens will then be charted onto Solana’s blockchain, successfully remodeling Helium’s native tokens into Solana-native tokens.

Based on Helium’s official weblog submit, the migration to Solana is predicted to convey important enhancements to the Helium Community, together with elevated velocity, decrease prices, and higher stability. As well as, the IoT platform plans to faucet into the strong developer group and sources out there on the Solana blockchain ecosystem.

Helium group reacts

The announcement of Helium’s migration from its native blockchain to Solana has been met with blended reactions from the crypto group. Whereas some expressed concern in regards to the stability of the Solana community, others acquired the information with enthusiasm, with one person calling it a “good transfer.”

One other person tweeted, “Solana isnt very steady. Don’t faux like it’s….”

The popularity for instability is just not unwarranted — as Solana has confronted frequent outages prior to now — with the newest outage occurring in November final yr. In 2022, downtime grew to become nearly a month-to-month prevalence, resulting in widespread criticism of the challenge.

Regardless of makes an attempt to handle the problem, Solana continued to face technical issues in 2023, with customers experiencing difficulties finishing transactions on the mainnet in February.

Again in September 2022, Helium Enchancment Proposal 70 (HIP-70) was put to the vote to find out whether or not the challenge ought to migrate to Solana.

The proposal garnered important assist, with 81.41% of the votes in favor of the transfer. Of the 7,447 votes solid, 6,177 supported the migration, whereas 1,270 have been in opposition to it.