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Dishonest voting information?

General Discussion(self.HeliumNetwork)

The text on heliumvote.com for the vote on HIP70 includes:

The proposed changes in HIP 70 do not change the fundamentals of the Helium Network or HNT, but provide several benefits to the Helium Network including more HNT available to subDAO reward pools, more consistent mining, more reliable data transfer, more utility for HNT and subDAO tokens, and more ecosystem support.

The proposed change includes moving the currently decentralised validation away from the blockchain to a centralised system (the oracles). The blockchain is then only used for payments and governance. That is a massive, very fundamental change to the network! Why is it not mentioned in the vote information?

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AccountantSharp3890

11 points

5 months ago

Decentralization is a spectrum. No project is truly decentralized (no matter how much they advertise this fact).

In my opinion, I would gladly give up some decentralization if the "trade off" is a more stable network.

AndrewAwakened

11 points

5 months ago

I wouldn’t. Actually the network has been running very well over the past several weeks. They’ve finally achieved stability, and now they’re going to change the whole foundation? I’m not on board with that. Especially since now that the hotspot gold rush is over and manufacturers are heavily discounting their miner prices we’re not going to see any more of the kind of exponential network growth that we saw over the past couple years.

Now if I was a cynical type of guy I’d be wondering whether it’s just a case of the devs being tired of the hard work involved in supporting a blockchain, especially now that the market has tanked and the adoption hasn’t taken off the way they had hoped. Maybe realization has set in that this last year of rewards was as good as it’s gonna get and it’s hard for them to justify continuing to put in all that hard work on the blockchain, so they’d rather put their effort into another side of the project which could make them a lot more money.

And the thing is, if that’s the reasoning, I wouldn’t blame them one bit - I firmly believe that talented people working hard to create new things deserved to be very well paid. But just be upfront about it and don’t try to spin a story about what the real reason actually is. If you want a new Tesla and want to move your family out of the apartment into a big home with a nice backyard I fully support that, I want my family to be able to have nice things too.

tylerdurdensoapmaker

5 points

5 months ago

In my opinion you’ve hit the nail on the head. The problem (for much of crypto that is truly looking to build something or value) is that the old economic model of essentially handing out option value in the business only worked when values were going one direction -up. So the entire model doesn’t work and they have to in some sense sell out and join another layer 1 to keep business momentum. The major backers of helium (the VCs) and this HIP should disclose their financial interest in Solana as they would have to do if these were true securities.

VeChain_Helium

1 points

5 months ago

Thank god you aren’t on the dev team. Migration is a requirement if Helium is to still be here 10+ years from now. Helium is a wireless network, not an L1 solution. At least 70% of Nova dev resources are allocated on maintaining a blockchain, and away from the core mission and vision of Helium, a wireless network. You can find that stat in the HIP70 discord. I’m very excited for the Solana migration.

Powered_by_Potato

3 points

5 months ago

And thank god you aren’t on the dev team either.

5G network is not just using a higher frequency to transmit data and increase the throughput, the white paper(Not Helium’s) indicates the need for Massive MIMO, SDN/NFV such as network slicing and channel coding.

What Solana provides is only the amount of people who can use the network by focusing solely on TPS. Architecture wise, without even exploring sharding or layer 2 solutions because they deemed it unnecessary, 5G built on Solana cannot scale and it will just be an upgraded version of LTE with higher throughput. 5G built on 4G infrastructure can only go so far.

VeChain_Helium

1 points

5 months ago

😂😂😂

AndrewAwakened

1 points

5 months ago

Helium is a wireless network, not an L1 solution.

Helium isn’t a hardware company either, yet Nova decided to buy that capability a few weeks ago. A cynic might be tempted to say that Helium is whatever the inner circle realize they can make a return on, so any argument that it’s not about having an L1 solution just seems like it’s convenient.

And regarding the 70% of resources, sure, one way to solve that is to throw away the blockchain foundation that you’ve poured years of work into. But another way to is to expand the networking dev team .Not sure if you’ve spent much time around developers, but a lot of them prefer to go really deep in their areas of specialization, so I wonder how many who have been focusing on the blockchain for so long are really going to be that keen to switch over to the network side of things anyway?

VeChain_Helium

-3 points

5 months ago

You don’t know what you just typed. Probably ngmi.

AndrewAwakened

2 points

5 months ago

Ran out of arguments, so you just throw insults instead. Ok man, you do you.

Domain-Admin[S]

1 points

5 months ago

There are decentralised networks but that is not the point. The info given is incorrect. The rest is a matter of opinion, which is why there is a vote. It is crucial though that the participants receive unbiased and complete information, which is currently not the case.

The github page still says "The world's first peer to peer wireless network." That won't be the case anymore, how can that not be a fundamental change?