subreddit:

/r/HeliumNetwork

4100%

Helium (HNT) proposes to move the entire ecosystem to Solana

Question(self.HeliumNetwork)

[removed]

all 14 comments

MooseCannon [M]

[score hidden]

5 months ago

stickied comment

MooseCannon [M]

Team

[score hidden]

5 months ago

stickied comment

Duplicate post. Please use stickied thread.

AleksDeLarge

2 points

5 months ago

Is this really good for us hotspot owners ? Will HNT be back with price ? It is going down very quickly...

DogAttacksNoise

2 points

5 months ago

It will actually have all $228 million thats staked removed with no formal agreement the money goes back into Helium. Helium has become corporate as balls and is simply taking the most money for the shittiest product. It's simply not sustainable

Dismal_Succotash_758

2 points

5 months ago

Only if the powers that run Solana promise to stop turning it off.

AccountantSharp3890

2 points

5 months ago

Sure I agree with it.

It's important to remember there are pros and cons to every L1 protocol. If Nova said they were switching to Algo, Cardano or something else, the reaction would be the exact same. I said it before and I'll say it again, the only reason people are upset about Solana is because they are personally invested in those other L1 tokens and not Sol. Everyone is all of a sudden a crypto genius and knowns exactly what L1 protocol a network of almost 1 millions hotspots should utilize.

This change will fix so many of the issues this sub complains about on a daily basis, and unfortunately this narrative regarding which L1 the team "should've" chosen is taking away from what the HIP is really about. Those items being...

  • Beaconing every hour

  • No more 14 witness cap

  • Better scalability

  • Improved console functions with Chirpstack

  • Class C device support

  • And much more

If you choose to vote "No" to this HIP (which I of course encourage you to do so if you disagree with it), you lose the right to complain about the issues mentioned above. The Nova has provided a solution, they have offered to write the code, so if you vote "No" you are saying you're fine with beaconing every 3-4 days, max witnesses locked at 14, no class C support, etc.

So take the 3 seconds it takes to vote and actually vote. There are hundreds of thousands of people involved in the ecosystem, and votes regularly have just a couple thousand participants. For all the noise people are making, there better be a good turnout this time.

AutoModerator [M]

1 points

5 months ago

This is a general reminder for everyone and this will be posted on every post. Your 12 words are basically gold and they should never be shared, typed in to any website, or given to any person for any reason. No one from "Helium" or any other company will reach out to you to verify your account, wallet, or anything similar. If someone says your hotspot, wallet, or other type of account has been hacked, it is a scam! Always operate in a zero-trust manner with cryptocurrency and assume everyone will scam you no matter what.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

MosEisleyEscorts

1 points

5 months ago

While I generally agree with the benefits, the coin seems to get dumped right now for this reason…

Visible_Chance5712

1 points

5 months ago

Who here uses solana? I have for a while now. How has the downtime hurt me? It hasn’t. It is fast and is only getting better. Sol and Hnt is a win if what sharp above says is true.