Decentralized Wireless Project Helium starts Transition to the Solana Blockchain
Midday on Tuesday, the crypto connectivity project Helium began its migration to the Solana blockchain, forsaking its own crypto infrastructure for a new, more stable home.
The network’s developers have initiated a 24-hour procedure that will render the Helium blockchain inaccessible and recreate its critical metrics on Solana. During the transition, Helium’s smart contracts will be inaccessible, but if all goes according to plan, the network will resume operation on Wednesday.
The transition seeks to make operating on Helium, a project attempting to deploy decentralized wireless infrastructure globally using cryptocurrency as an incentive mechanism, quicker and cheaper.
Prior to Tuesday, its tokens existed on the Helium blockchain, a custom layer 1 that lacked the widespread allure of Solana, Ethereum, and other smart contract platforms.
Moving to Solana provides a larger audience and a more secure platform for the initiative. According to Helium blog posts, despite Solana’s own history of occasional disruptions, it is significantly more reliable and stable than Helium.
Arman Dezfuli-Arjomandi, a member of Helium’s board of directors, noted that more developers are familiar with the Solana blockchain’s coding language than with Helium’s. As a result, Helium will have access to a larger pool of developers.
Under the transition, Helium’s tokens will migrate to Solana, and its nodes, which form the hardware backbone of its internet-of-things (IOT) network, will move from issuing HNT to IOT. Nevertheless, token balances will be suspended until Helium’s new infrastructure on Solana is operational.
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