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Helium Ditches Own Blockchain in Favor of Solana After Community Vote

CoinDesk LogoCoinDesk2 mo ago

Helium Ditches Own Blockchain in Favor of Solana After Community Vote - CoinDesk

Quick Summary:

Voter turnout showed overwhelming support for moving Helium’s native network to Solana, with over 80% in favor.

The migration will see HNT, MOBILE and IOT issued on the Solana network, which will continue to be the tokens in the Helium ecosystem.

Last week, Borderless Capital, an Algorand-focused VC that is backed by Helium, took to Twitter to suggest the network reconsider its choice to move to Solana, and instead move to Algorand.


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Article Details

Author / Journalist: Cameron Thompson, Shaurya Malwa

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-22 @ 05:42:30 (2 months ago)

News Timezone: GMT -5:00

Ranking: #1456 (out of 3382 stories this day)

News Source URL: coindesk.com

Language: English

Article Length: 725 words

Reading Time: 5 minutes read

Sentences: 39 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 463002

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About CoinDesk

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 28 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 16 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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The outlet is headquartered in United States and publishes an average of 28 news stories per day.

It's most recent story was published 16 hours ago.

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  • News ID: #463002
  • URL: https://beamstart.com/news/helium-ditches-own-blockchain-in-16638274204816

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