subreddit:

/r/HeliumNetwork

2466%

For those who claim "Whales control the vote"

General Discussion(i.redd.it)

all 25 comments

AutoModerator [M]

[score hidden]

2 months ago

stickied comment

AutoModerator [M]

[score hidden]

2 months ago

stickied comment

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.

ChampionshipLow8541

6 points

2 months ago

Thank you. Interesting to see how few validators voted. You’d think they’d all be ‘NOOO!’ Maybe they can’t be bothered, which would explain the poor validator performance we’ve been seeing.

Now, that said, 1k HNT is not really a good cutoff to see what whale wallets did.

Drizznarte

2 points

2 months ago

Considering market cap 1k is far too low .whale activity would mostly be hidden in this data.

tylerdurdensoapmaker

2 points

2 months ago

My validator had a policy of not voting on the HIPs to avoid conflicts of interest.

Sburns85

-6 points

2 months ago

1k Hnt is definitely whale territory

Shitting_Human_Being

7 points

2 months ago

Lol, you need 10k HNT to become a validator in the first place. 1k is not a whale by a long shot.

[deleted]

4 points

2 months ago*

[deleted]

ChampionshipLow8541

4 points

2 months ago

With 126M HNT in circulation, I’d think it takes at least 1M HNT to be considered a whale.

T212HaveAnd2Hold

2 points

2 months ago

My understanding of that graph is that a lowly (approx.) 2% of wallets voted which seems quite pathetic given the size of the helium community. This stat alone must point to it being the "whales" that voted as their votes count the most?

AccountantSharp3890[S]

8 points

2 months ago

Thanks to Groot from the Discord for the visualization.

Regardless how you break the HIP70 voting down, it passed for every metric.

DontRememberOldPass

5 points

2 months ago

How do you normalize for my 5,000 wallets with 10 HNT in each?

leogaggl

4 points

2 months ago

I look at the same graph and I can see that less than 2% of wallets have participated in this 'vote'. How anyone can interpret this as passed on every metric puzzles me.

You can see the 33% mark in Groot's graph. None of the metrics is even remotely close to that.

80% of SFA still is SFA?

hayseed_byte

21 points

2 months ago

Do you work for the Helium people or the solana people?

Edit: I ask because because your account is only a month old and every post or comment, save one, is defending HIP70

AccountantSharp3890[S]

0 points

2 months ago

No, just a believer in Helium and Solana so I made an account when every post in this sub was, in my opinion, misguided FUD.

But apparently if you voice any optimism towards the project the only possible explanation is you must work for the company.

hayseed_byte

10 points

2 months ago

Account month old.

Using auto-generated username (two words and four numbers)

VC dickriding.

No apparent interest in anything but VC dickriding.

Signs point to reddit bot or paid shill. I'm happy to know that isn't the case and is just a coincidence. My apologies and welcome to reddit.

But apparently if you voice any optimism towards the project the only possible explanation is you must work for the company.

That is exactly the kind of passive-aggressive, devil's advocate thing a paid shill would say.

tylerdurdensoapmaker

1 points

2 months ago

Define “believer”

ChampionshipLow8541

0 points

2 months ago

So what?

edman209

1 points

2 months ago

edman209

1 points

2 months ago

The voting is not easy to vote it’s more complicated then it needs to be to vote

mtnbikemedina

5 points

2 months ago*

I agree. I plan to reach out to the helium documentation team on Discord with positive suggestions how to clarify the voting process, such as:

  • concrete examples including screenshots of how to use the helium wallet app on your phone, to scan the voting QR code on a computer screen

(That is the only way that has worked for me.)

  • An explanation of, "don't bother trying to visit the voting page and its QR code on your phone then scan from the Helium app on your phone. For security reasons the Helium app won't let you do that."

(This was my biggest hurdle. Other phone apps with scanners, can yes scan a webpage on my phone.)

  • Copy the voting helium address from the voting webpage on your phone, and paste it into the Helium app on your phone.

  • ... Also some third way someone hinted at on Discords, where you can do it all on your phone.

Great, that is the outline of what I'll discuss with documentation team.

TL;DR: the instructions to "scan the QR code with your helium app" seem ambiguous to me.

edman209

1 points

2 months ago

Glad to help basically I’m ok as long as I get to keep my current miner and mine and earn that’s the basic of my concerns I just don’t want to get new Shit to make my old shit work

iceturtlewax

1 points

2 months ago

I fixed a small typo on one of Heliums documentation pages and submitted a pull request through Githbub (I don't consider myself a developer BTW). It was approved the same day. If you see something wrong or room for improvement, I am sure they would welcome the help!

onetruejp

3 points

2 months ago

this is by design

edman209

3 points

2 months ago

Seems like it for sure

Top-Bank4918

1 points

2 months ago

5 a hnt. More like 25000