Helium’s native blockchain halted as project shifts to Solana

Helium, an Web of Issues (IoT) challenge, is presently within the strategy of from its blockchain roots to Solana  — a blockchain community recognized for its pace and scalability.

In keeping with an official announcement made on April 18th, the aim of this main migration is to boost the soundness and scalability of the Helium community. The community is constructed on a decentralized community of IoT units that provide connectivity for low-power, long-range wi-fi units.

Helium’s bold transfer to Solana commenced yesterday at 4:00 PM UTC and is slated to complete inside a day. To facilitate the migration, the native blockchain of Helium has been paused, and a snapshot of the community has been taken.

The Helium tokens (HNT) and MOBILE tokens will then be charted onto Solana’s blockchain, successfully reworking Helium’s native tokens into Solana-native tokens.

In keeping with Helium’s official weblog put up, the migration to Solana is predicted to deliver vital enhancements to the Helium Community, together with elevated pace, decrease prices, and better stability. As well as, the IoT platform plans to faucet into the strong developer neighborhood and assets out there on the Solana blockchain ecosystem.

Helium neighborhood reacts

The announcement of Helium’s migration from its native blockchain to Solana has been met with combined reactions from the crypto neighborhood. Whereas some expressed concern concerning the stability of the Solana community, others obtained the information with enthusiasm, with one person calling it a “good transfer.”

One other person tweeted, “Solana isnt very secure. Don’t fake like it’s….”

The popularity for instability will not be unwarranted — as Solana has confronted frequent outages previously — with the newest outage occurring in November final 12 months. In 2022, downtime turned nearly a month-to-month prevalence, resulting in widespread criticism of the challenge.

Regardless of makes an attempt to handle the problem, Solana continued to face technical issues in 2023, with customers experiencing difficulties finishing transactions on the mainnet in February.

Again in September 2022, Helium Enchancment Proposal 70 (HIP-70) was put to the vote to find out whether or not the challenge ought to migrate to Solana.

The proposal garnered vital assist, with 81.41% of the votes in favor of the transfer. Of the 7,447 votes solid, 6,177 supported the migration, whereas 1,270 had been towards it.