Helium, the original blockchain-powered decentralized wireless network, is set to make a major transition to the Solana blockchain. This move has been proposed by the Helium Core Team in HIP 70 and is expected to take effect in the first quarter of 2023.
You might wonder why Helium decided to deprecate its L1 blockchain in favor of Solana. What are the reasons behind it, and what Helium stands to gain? Let's unpack these questions.
Solana is famous for its scalability, speed, and vast, open developer community. Although these are essential components of a successful Layer 1 blockchain, there are other reasons why Helium core developers proposed the transition.
The main problem lies in the idea of a Layer 1 blockchain itself. In simple terms, Layer 1 blockchains are hard to maintain. They require lots of resources to support stability and scale. It becomes even more complicated for Helium due to its unique architecture, running not just basic on-chain operations such as accounts and transactions but also all the functionality around Proof-of-Coverage, Data transfers, and other aspects of its decentralized wireless network.
It is why the first portion of the HIP 70 proposal describes a crucial architectural change in Helium - moving Proof-of-Coverage and Data transfers from processing on-chain to processing by Oracles. This major improvement greatly offloads the Helium blockchain leaving only two fundamental aspects - managing identities and running transactions.
Enter Solana. As mentioned earlier, Solana is the go-to chain for performance, security, and scalability. Transitioning to Solana will primarily offload the Helium Foundation team from endless support and maintenance of a costly L1 chain, allowing them to focus on building the most important technology - the network of networks.
Helium is transitioning to the Solana blockchain to unlock a new level of scalability, performance, and security for its users. This migration opens up numerous opportunities for developers, businesses, and users. With the added benefits of faster transactions, more secure data transmission, and increased decentralization that come with Solana, Helium will be able to bring its vision of a decentralized wireless network of networks to life.
The transition to Solana stands to bring significant benefits to the Helium network. The Solana blockchain is well-known for its scalability, enabling Helium to handle more users and transactions without experiencing network delays or slowdowns. It would also provide better security, as the PoH consensus algorithm used by Solana enables nodes to reach an agreement quickly and securely.
Solana offers a range of developer tools that would make it easier for developers to build applications on the Helium network. This could help spur growth in the number of Dapps and other projects running on the platform and open up a range of new use cases for the technology.
The Helium-Solana transition poses several challenges. The Helium Foundation team will need to migrate its existing users, tokens, and miners onto Solana. They'll also need to ensure that new participants can easily join the network.
The Helium Core Team is still finalizing the transition to Solana, but it is expected to be completed by the end of Q1 2023. It would mark a significant milestone in the development of Helium, as it would enable the network to realize its full potential and cement itself as a leader in the DePIN space.
The upcoming migration of the Helium ecosystem to Solana has generated much interest among existing users and non-Helium people. To help answer questions about what this transition means for them, Helium is hosting several AMA (Ask Me Anything) sessions on Twitter. All past sessions and the summary of the entire migration are centralized and updated in the live format in our Helium-Solana transition directory.
Overall, the transition to Solana is an exciting development for Helium, promising many benefits for users, developers, and businesses. With improved scalability, simplified architecture, reduced emissions, and new partnerships on the horizon. There are plenty of reasons why people should be excited about this move.