Helium Network sets migration to Solana for March

2 years ago

A 24-hour modulation play volition instrumentality spot connected March 27, successful which the Helium blockchain volition beryllium halted. Proof-of-Coverage and information transportation activities volition stay unaffected.

Helium Network sets migration to Solana for March

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Communications protocol Helium Network has defined March 27 arsenic the day for its migration to the Solana blockchain and deployment of Oracles, seeking to amended scalability and reliability.

According to a blog station connected Feb. 17, a 24-hour modulation play volition instrumentality spot connected March 27, during which the existent Helium blockchain volition beryllium halted. Proof-of-Coverage and information transportation activities volition stay unaffected. A moving radical of assemblage volunteers is being formed to oversee the migration process. Helium's squad stated:

"This upgrade volition encompass each wallets, Hotspots, and Helium Network state, and volition instrumentality spot implicit a 24-hour modulation play commencing astatine astir 1500 UTC / 10:00 AM ET." 

ATTENTION!
The Helium Network is officially migrating to @solana connected March 27th! Are you ready?
Ensure that you've migrated to the Helium Wallet app for a creaseless transition. Keep Hotspots progressive and online to person IOT tokens.

More successful this thread https://t.co/rzk2xcBEJ0

— Helium (@helium) February 17, 2023

After the concatenation halt, validators volition halt producing blocks and transactions won't beryllium sync. A last snapshot of the blockchain volition beryllium taken aft the migration of each accounts and tokens to the Solana blockchain, and Hotspots volition beryllium minted arsenic nonfungible tokens (NFTs), noted the team. 

"Note that immoderate rewards generated by Proof-of-Coverage enactment successful the anterior 24 hours volition beryllium disposable to assertion successful your Helium Wallet aft the modulation period. Oracles volition update claimable balances, and Hotspot Owners volition beryllium capable to usage the caller assertion function."

Holders of HNT and MOBILE tokens volition not request to instrumentality immoderate enactment to enactment successful the upgrade. The aforesaid applies for the bulk of Hotspot owners, though ample fleets' owners whitethorn beryllium capable to trial circumstantial assertion functionality oregon make customized wallet solutions.

The determination to Solana was enabled by the assemblage passing HIP-70 with implicit 80% of support connected Sep. 22. At the time, developers highlighted the migration benefits would see much of its autochthonal token disposable to subDAO reward pools, improved mining, arsenic good arsenic much reliable information transportation and ecosystem support.

Also September past year, Helium's creator Nova Labs announced an statement with American telecommunications supplier T-Mobile to motorboat a crypto-powered mobile work enabling subscribers to gain crypto rewards for sharing information astir sum prime and helping place Helium dead-spot locations nationwide.

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