Helium developers propose migration to Solana

2 years ago

Blockchain-powered wireless web Helium (HNT) is considering migrating to Solana (SOL) blockchain successful a caller proposal published connected August 30.

The HIP 70 connection explains that the migration to Solana would amended the network’s operational ratio by giving Helium entree to Solana developer tools, applications, and features.

The connection seeks to marque 3 large changes:

Move Proof of Coverage (PoC) to Oracles.
Move Data Transfer Accounting to Oracles.
Migrate the Helium web and each its tokens to the Solana blockchain.

Why Helium wants to migrate

The connection claimed the migration is indispensable due to the fact that the increasing usage of the Helium web has made it hard to negociate information travel and accounting, starring to inefficiency issues.

Moving PoC and Data transportation to Oracles volition assistance lick these problems and marque the web much stable, allowing higher scalability.

The developers added that the migration to Solana is due arsenic it provides a scalable architecture Helium presently needs.

Helium developers judge the conditions that made them make a Layer1 blockchain for the web nary longer exist. The crypto ecosystem has matured, and the fig of Layer1 options to physique connected has increased.

What volition Helium gain?

According to the proposal, the migration volition marque Helium portion of a thriving developer ecosystem, leveraging its services for their works, thereby expanding its adoption.

It continued that Helium would payment from Solana’s extended open-source assemblage and entree to much blockchain developers.

The connection besides stated that determination would beryllium a 6.85% summation successful the measurement of HNT reward tokens that goes to miners oregon node operators pursuing the migration.

Meanwhile, determination is nary timeline for erstwhile the migration volition hap should the connection beryllium passed. The assemblage volition ballot connected the connection betwixt September 12 and 18.

Helium assemblage bashes the idea

Helium assemblage members are bashing the thought of migrating to Solana connected the proposal’s Discord channel.

Many labeled the determination a atrocious thought due to the fact that of Solana’s caller failings successful outages and the caller wallet hack of the ecosystem.

One assemblage member, 4n77r4xX, asked however “Sol volition grip a cardinal miner request” erstwhile “it can’t adjacent grip a due mint owed to bots.”

Other assemblage members questioned wherefore the assemblage was not fixed a prime to determine which layer1 blockchain should beryllium migrated to, with immoderate suggesting Cardano (ADA) and Cosmos (ATOM).