The developers behind Helium have proposed to move the blockchain-powered wireless network to Solana’s blockchain, with the aim of improving Helium’s operations.
HIP 70 is the title of the proposal by the developer team. The proposal was announced via Helium Foundation’s blog post on 31 August.
What does this mean for Helium and for us?
The core developer team, according to the post, is proposing that the Proof of Coverage (PoC) and Data Transfer Accounting be moved to oracles. Oracles are bridges that help blockchains like Helium connect to these real-world data and events that they cannot connect to on their own. The move thus brings the blockchain and the world closer to the Internet of Things vision of connecting computing devices, machines, objects, animals, and people to the internet without requiring human-to-human or human-to-computer interaction.
This development is likely to prove to be an interesting venture for the entire blockchain ecosystem.
The proposed partnership will also benefit both of the decentralized networks involved. Helium will be able to significantly improve operational efficiency and scalability through Solana’s vast range of composable developer tools, features, and applications. At the same time, Solana (SOL) can grow its utility and adoption with Helium’s volume. In addition, if the partnership does work out, Helium-based HNT, IOT, and MOBILE tokens and Data Credits (DCs) would also be transferred to the Solana blockchain.
The deciding factor: Helium community
The developers have left the final decision to the Helium community. The HIP 70 vote will start on 12 September and will go on till 18 September 2022.
So far, the Helium community has registered mixed responses to the transition. Some view the venture with positive sentiment, as they believe that the integration into Solana will benefit developers tremendously. But there are others who have expressed dissatisfaction with Helium’s decision, claiming that Solana is inefficient.