Voting is live for HIP 70: Scaling the Helium Network

Helium Vote is where the Helium Community comes together to make decisions on the Network.

What is HIP 70?

“HIP 70: Scaling the Helium Network” is a proposal from the core developers of the Helium Network to move Proof-of-Coverage and Data Transfer Accounting to dedicated Helium Oracles, and migrates Helium’s tokens and governance to the Solana blockchain. The proposed changes in HIP 70 do not change the fundamentals of the Helium Network or HNT, but provide several benefits to the Helium Network, including more HNT available to subDAO rewards pools, more consistent mining, more reliable data transfer, more utility for HNT and subDAO tokens, and more ecosystem support.

TL;DR

- a move to off-chain oracles for Proof-of-Coverage & Data Transfer Accounting

- migration to a new L1

- more reliable data transfer

- more rewards and opportunities for the network.

Approving this HIP implies that the community has reviewed the implementation. Helium would consider this proposal as approved if it passes with 2/3 of the vote power by the deadline.

Cast your vote by submitting a burn transaction. https://www.heliumvote.com/

Voting will close at block 1,537,200 or before midnight PDT on September 21st.

Read the full HIP here: https://github.com/helium/HIP/blob/main/0070-scaling-helium.md