Helium Proposes Shifting its Entire Network to Solana Blockchain Months After $200M Raise

The developers propose shifting all Helium-based tokens, governance, and economics around the network’s native HNT, DC, IOT and MOBILE tokens onto Solana. The move would help scale the Helium network, developers said, which has grown to over 1 million “hotspots” in recent months. Helium would also be utilized with ongoing Solana projects, such as the Solana Saga smartphone, developers said.

Source: https://www.coindesk.com/tech/2022/09/01/helium-developers-propose-shifting-network-to-solana-blockchain-for-faster-speeds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines