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The community-approved move supports the Helium Network�s goal to accelerate the creation of a massive, low-cost decentralized connectivity layer for IoT, 5G and other protocolsThe Network previously ran on its own blockchain which was built from the ground up in 2019. By moving to the Solana blockchain, the Network no longer needs to maintain its own blockchain and can instead scale to meet the current and future demands of network builders and usersHotspot owners will now see a variety of benefits, including more rewards as ~2 million HNT will return to the rewards pool annually, benefiting Hotspot owners across IoT and 5G networksThe Helium Foundation today announced it will migrate its own purpose-built Layer 1 blockchain to the Solana blockchain to interconnect the world�s largest decentralized wireless network with the fastest growing ecosystem in crypto. The move will enable Helium�s core developers to leverage Solana�s established blockchain and allow HNT to be more compatible with other innovative projects and crypto applications in DeFi, NFT, and other consumer web3 applications yet to come.Today�s expansion was made possible through a majority vote of 81.41% from the community by way of a Helium Improvement Proposal (HIP 70) aimed at evolving the design of the Helium Network to meet the demands of current and future users, while staying true to its original mission.The migration to Solana is the latest move to accelerate network growth and improve ease of use for customers building on Helium, and follows the launch of the Network of Networks earlier this summer, which offers support for an unlimited number of wireless protocols. For Helium, the move to Solana furthers the ecosystem�s mission of delivering secure, ubiquitous, and affordable connectivity through an innovative incentive model, and integrates naturally with Solana�s already growing ecosystem of consumer-based applications like Serum, Raydium, Metaplex, Phantom, Orca, Audius, and more. The Helium Foundation is collaborating with the Solana Foundation to ensure a seamless and efficient migration to Solana.Scott Sigel, COO of the Helium Foundation says, �We have an ambitious mission of deploying and managing wireless networks at scale and moving to Solana allows us to do that. Solana has a proven track record powering some of the world�s most important decentralized initiatives and they were an obvious choice for us to partner with. Moving to the Solana blockchain allows us to focus our efforts on scaling the network as opposed to managing the blockchain itself.�Anatoly Yakovenko, CEO of Solana Labs and co-founder of Solana says, �Solana and its primary differentiators of scalability, low cost, and energy efficiency are an ideal foundation for Helium to realize its ambitious mission. The Helium community�s vote to migrate to the Solana network is a tremendous endorsement of Solana as the foundation for the next stage of growth for the Helium ecosystem.�Better Network, More Rewards, More Mining

Follow for Solana Development: Beeders

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