Helium developers propose migration to Solana

Helium developers propose migration to Solana
фото показано с : invezz.com

2022-9-1 18:59

Helium (HNT/USD) core developers have announced a proposal seeking to migrate the network to the Solana (SOL/USD) blockchain.

Why move to Solana?

As announced by the Helium Foundation today, the proposal seeks to help improve Helium’s network efficiency.

“HIP 70 is a proposal by the Helium core developer team to improve the operational efficiency of the Helium blockchain significantly. To achieve this goal, the core developer team proposes moving Proof-of-Coverage (“PoC”) and Data Transfer Accounting to Oracles, which simplifies the system architecture and allows for the selection of a more scalable Layer 1 (“L1”) — specifically, Solana,” the Helium Foundation wrote.

According to the Foundation, if the community adopts the migration proposal, the network stands to benefit from “significant economies of scale”, including from the composability of developer tools on Solana, its blockchain features, and decentralised applications.

The migration will also improve Helium’s architecture, removing the bottlenecks caused by unnecessary on-chain transactions via Proof-of-Coverage and Data Transfer Accounting. The developers say moving onto oracles will massively boost packet communications and transaction processing times.

The developers say moving onto oracles will massively boost network reliability, scalability and efficiency. It will also allow greater rewards for miners.

“HIP 70 proposes transferring these processes onto Oracles which will resolve these issues and further stabilise the Network,” the developers said in the blog post.

The Helium community will vote on the proposal from 12 September to 18 September.

The post Helium developers propose migration to Solana appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Helium (HLM) на Currencies.ru

$ 0 (-0.42%)
Объем 24H $0
Изменеия 24h: -5.51 %, 7d: -15.24 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0011024 (-100%)

helium solana proposal developers announced network usd

helium solana → Результатов: 7


Helium переезжает на Solana

Команда проекта децентрализованных коммуникаций Helium внесла предложение по улучшению протокола, которое предусматривает миграцию на блокчейн Solana. Helium developers have proposed HIP 70, which would move PoC and Data Transfer Account to Oracles.

2022-9-1 16:38


Helium рассматривает возможность перехода на Solana

Разработчики децентрализованной сети Helium заявили, что рассматривают возможность перехода на одну из ведущих платформ смарт-контрактов Solana, которая широко используется для dApps, DeFi и NFT.

2022-8-31 11:41