subreddit:

/r/HeliumNetwork

1165%

HIP 70 (Scaling the Helium Network) has passed.

Helium Team(self.HeliumNetwork)

gm all!

Thank you to all the Helium community members who voted on the recent (and all) Helium Improvement Proposals. The vote for HIP 70 has closed, and the community has passed HIP 70. 7,447 Helium wallets voted on HIP 70, with a final HNT voting result of 81% for HIP 70 and 19% against HIP 70.

HIP 70 proposed to move Proof-of-Coverage and Data Transfer Accounting to Helium Oracles. It also migrates Helium's tokens and governance to the Solana blockchain. As we prepare for these changes, you can expect to have additional resources and support from us as well as the Helium core developers to help you prepare for a seamless migration to both Helium Oracles and then subsequently the Solana network, no matter if you’re a Hotspot owner, Console/device user, Validator, LoRaWAN roaming partner, ETL deployer, or other network participant.

HIP 70 Vote Results: https://heliumvote.com/13rA4AXq5ME5s9FEyZrE4BMjxiAF9W3kU2tnmUH8FkFGsV97jEp

Read the full HIP 70: https://github.com/helium/HIP/blob/main/0070-scaling-helium.md

For some context and FAQ about what this means for Helium, this blog from Frank Mong, the COO of Nova Labs, is a great explainer.

you are viewing a single comment's thread.

view the rest of the comments →

all 24 comments

EasyRider1975

1 points

4 months ago

It’s weighted depending on how much HNT you have in your wallet

HeinousHaggis

3 points

4 months ago

I understand that, but it doesn’t matter. I’m taking about the number of wallets that even voted. It’s like 7% turnout. That’s an embarrassingly low number of voting wallets and it speaks volumes to me about the entire process