Helium neighborhood votes emigrate to Solana, scores new T-Cell partnership

Helium neighborhood votes emigrate to Solana, scores new T-Cell partnership

by Jeremy

An amazing majority of Helium’s (HNT) neighborhood has voted emigrate the wi-fi community to layer1 blockchain Solana (SOL).

In keeping with obtainable data, the HIP 70 proposal acquired 6,177 votes (81.41%) in help of its plan, whereas 1,270 had been towards it.

The vote ended within the early hours of Sept. 22, and roughly 15 million HNT tokens had been staked in the course of the voting course of.

Helium builders stated the Solana migration would assist scale the community and increase its adoption as a substitute of expending sources on managing their blockchain.

With the proposal handed, Helium tokens — HNT, IOT, and MOBILE—  can be issued on the Solana blockchain. The community may even replace its pockets, and customers can use Solana-based wallets for his or her HNT tokens.

In the meantime, regardless of the deliberate migration to Solana, the builders have stated Helium’s blockchain historical past will stay public.

Reviews had revealed that the proposed migration had divided Helium’s neighborhood as some members requested that the community contains different blockchain networks within the proposal.

Helium scores new partnership

Helium builders Nova Labs introduced a brand new five-year partnership with T-Cell to create a brand new 5G wi-fi service known as Helium Cell on Sept. 21.

Reviews revealed that  Helium Cell can be focused at useless 5G spots in the US for wi-fi community customers.

In keeping with the builders, community subscribers may additionally earn crypto rewards.

The challenge can be launched within the first quarter of 2023, and subscription plans would begin at $5 monthly.

The Nova Labs group stated the brand new Helium Cell community might be described as a cell digital community operator (MVNO) or crypto provider.

Nova Labs CEO Amir Haleem stated:

“Our new settlement with T-Cell offers our subscribers nationwide 5G protection and permits us to supply cell services and products that use each networks.”

Helium worth spikes

Helium’s HNT has seen its worth spike by 2% inside 24 hours to $4.72. Its worth has grown by roughly 12% during the last seven days

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