Helium (HNT) Review : Complete Guide & Review About HNT

Helium (HNT) Review : Complete Guide & Review About HNT

About Helium (HNT)

Helium (HNT) world is becoming decentralized. A multitude of platforms, technologies, and services are moving from centralized proprietary systems to decentralized, open ones. Peerto-peer networks such as Napster (created by one of the founders Shawn Fanning) [2] and BitTorrent paved the way for blockchain networks and crypto-currencies to be built. Now Bitcoin, Ethereum, and other blockchain networks have shown the value of decentralized transaction ledgers. Existing Internet services such as file storage, identity verification, and the domain name system are being replaced by modern blockchain-based versions. While software-level decentralization has moved quickly, physical networks are taking longer

Helium (HNT) network is a wide-area wireless networking system, a blockchain, and a protocol token. The blockchain runs on a new consensus protocol, called the Helium Consensus Protocol, and a new kind of proof, called Proof-of-Coverage. The Miners who are providing wireless network coverage in a cryptographically verified physical location and time submit proofs to the Helium network, and the Miners submitting the best proofs are elected to an asynchronous byzantine fault tolerant consensus group at a fixed epoch.

Helium (HNT) Storage Key Points

Coin BasicInformation
Coin Name Helium
Short Name HNT
Circulating Supply84,424,634.22 HNT
Total Supply223,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter Page Click Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Helium Network

We demonstrate an entirely new purpose built blockchain network built to service WHIP and provide a system for authenticating and identifying devices, providing cryptographic guarantees of data transmission and authenticity, offer transaction primitives designed around WHIP, and more.

Helium Consensus Protocol

We present a novel consensus protocol construction that creates a permission less, high throughput, censor-resistant system by combining an asynchronous byzantine fault tolerant protocol with identities presented via Proof-of-Coverage.

Massive, Decentralized Connectivity

Hundreds of companies and thousands of developers are already building on The People’s Network, the world’s largest, and fastest growing LoRaWAN network. Thousands of existing solutions, sensors, devices and gateways can be easily configured to run Long Fi – a powerful blend of LoRa WAN and blockchain technologies.

Why use The People’s Network?

Connect devices and collect data in ways never before possible at a fraction the cost of cellular without needing to deploy and maintain wireless infrastructure.

Massive Coverage

The largest, public LoRaWAN network in the US and now available in Europe.

Miles of Range

Range is optimized for devices running on Helium LongFi. Devices can communicate 200x further than Wi-Fi.

Affordable Pricing

Connectivity costs are a fraction of those associated with cellular without the restrictions.

Helium Technology

Helium’s Technology allows anyone to build out massive, cost-effective wireless infrastructures in an entirely new business model that benefits everyone.

Blockchain

The Helium Blockchain is a new blockchain built from the ground up to incentivize the creation of decentralized, public wireless networks. It’s based on a new, novel work algorithm called Proof of Coverage, and rewards miners in HNT, the native token of the Helium blockchain.

Proof-of-Coverage

Proof-of-Coverage is a unique work algorithm that uses radio waves to validate Hotspots are providing legitimate wireless coverage. For this validation work Hotspots can earn HNT by verifying network transactions, adding new blocks to the blockchain, and performing other tasks.

LongFi

LongFi combines the LoRaWAN wireless protocol with Helium blockchain so any LoRaWAN device can transfer data on the Helium Network. LongFi delivers roaming capabilities and supports micropayment transactions so customers only pay based on network usage without needing to deploy gateways or network servers.

Device Roaming

Devices can relay through every Hotspot

Meet the Team

Helium was founded in 2013 by Shawn Fanning, Amir Haleem, and Sean Carey, with a mission to make it easier to build connected devices.

Helium (HNT) Review

Helium is Open Source

The Helium Network is built almost entirely on open source code. And we actively encourage the community to develop and contribute to all parts of the Network. Below is a subset of the code that plays an integral role in the Helium Network. The full list can be found on the official Helium GitHub Organization.

Helium Blockchain

These are the core libraries and repos that make up the Helium blockchain. Most things here are written in Erlang.

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