• Helium Network completed its migration to the Solana blockchain on April 18, 2023.
• The move will provide Helium Network with better scalability, lower transaction costs, and high-performance capabilities.
• Industry insiders believe that this event sets the stage for a potential disruption in how we access the internet.
Helium Completes Migration to Solana Blockchain
Helium Network has recently completed its migration to the Solana blockchain, bringing important benefits such as better scalability, lower transaction costs and high performance capabilities. This partnership is seen by industry insiders as a potential turning point for decentralized networks and how we access the internet.
Benefits of Migrating to Solana
The migration to Solana enables Helium’s core developers to focus on innovating and expanding their network without having to maintain their own Layer-1 infrastructure. Moreover, it allows seamless integration with other platforms within the Solana ecosystem, such as native tokens like HNT, MOBILE and IOT tokens.
Revolutionizing Internet Access
Helium’s decentralized wireless network has captured the crypto community’s imagination due to its low-fi network for IoT applications demonstrating the potential of blockchain technology. As a result of leveraging Solana’s infrastructure, Helium could challenge major ISPs in terms of providing more accessible internet services in future developments.
Billionaire Bill Ackman’s Take on Crypto
The success of Helium was not just recognized by crypto enthusiasts but also by billionaire investor Bill Ackman who stated that it changed his mind about cryptocurrency as an asset class.
Conclusion
This migration marks an exciting new era for decentralized networks and their potential impact on how we access the internet moving forward. With increased scalability brought by leveraging Solana’s tech, crypto observers are optimistic about what this could mean for blockchain technology’s future applications beyond powering public wi-fi networks
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