Discover and read the best of Twitter Threads about #ThePeoplesNetwork
Most recents (8)
הליום הוא פרויקט הקריפטו הכי מהפכני מאז הביטקוין.
ה״אינטרנט של העם״, #ThePeoplesNetwork, היא רשת מבוזרת של 656,719 הוטספוטים שמספקים אינטרנט LoRaWAN בפריסה עולמית ובזול.
מה זה אומר בכלל, ולמה זה הולך לשנות את העולם כמו שאתם מכירים אותו? 🧵
ה״אינטרנט של העם״, #ThePeoplesNetwork, היא רשת מבוזרת של 656,719 הוטספוטים שמספקים אינטרנט LoRaWAN בפריסה עולמית ובזול.
מה זה אומר בכלל, ולמה זה הולך לשנות את העולם כמו שאתם מכירים אותו? 🧵
בFacebook לא מייצרים תוכן,
לAirbnb אין אחזקות נדלן,
לUber אין מכוניות,
בAlibaba לא מחזיקים מלאים,
ולHelium אין הוטספוטים.
למי כן יש הוטספוטים?
לAirbnb אין אחזקות נדלן,
לUber אין מכוניות,
בAlibaba לא מחזיקים מלאים,
ולHelium אין הוטספוטים.
למי כן יש הוטספוטים?
לי, ולמאות אלפי אנשים אחרים שבחרו לקנות מכשיר שנתמך ע״י הרשת (כמו Sensecap M1), חיברו אותו לראוטר שלהם, והפכו למיקרו ספקי תקשורת.
הבסיס הוא פשוט: קונים מכשיר, יוצרים ארנק, מחברים אנטנה וממקמים אותה כמו שצריך, ומקבלים תשלום.
הרשת מאפשרת לי להיות סוג של בזק אם תרצו.
הבסיס הוא פשוט: קונים מכשיר, יוצרים ארנק, מחברים אנטנה וממקמים אותה כמו שצריך, ומקבלים תשלום.
הרשת מאפשרת לי להיות סוג של בזק אם תרצו.
Good thread by the excellent @ElBitcoinCoach on why #Bitcoin is special vs. other #cryptocurrencies
As you may have noticed, there are other projects I'm bullish on. @helium #ThePeoplesNetwork is a prime example
1/
As you may have noticed, there are other projects I'm bullish on. @helium #ThePeoplesNetwork is a prime example
1/
But that's because projects like @helium are finding ways to apply #blockchain usefully to real-word problems. $HNT has value because network bandwidth has value.
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The price of $HNT may change because of speculation in the #cryptocurrecy market, but I expect it will never go to zero because the value of the token is backed by the value of the Helium network.
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My favorite mind blowing facts about @helium 🤯
🎈Spread the word🎈 #ThePeoplesNetwork
1/ US Coverage
3 out of 4 people already have SOME coverage (229 million)
1 out of 4 of people have REALLY GOOD coverage (~90 M)
9 out of 10 of city dwellers have REALLY GOOD coverage
👇
🎈Spread the word🎈 #ThePeoplesNetwork
1/ US Coverage
3 out of 4 people already have SOME coverage (229 million)
1 out of 4 of people have REALLY GOOD coverage (~90 M)
9 out of 10 of city dwellers have REALLY GOOD coverage
👇
2/ Coverage pt 2
Suburban zip codes are the fastest growing (HIP17 in action)
87 Million Americans live with 1 hotspot per square mile density.
33M Americans live with 4 hotspots per square mile density 🤯
Suburban zip codes are the fastest growing (HIP17 in action)
87 Million Americans live with 1 hotspot per square mile density.
33M Americans live with 4 hotspots per square mile density 🤯
3/ Earnings
The top 5% of hotspots earned $600+ last month 🤯
(typical hotspots earned $140 last month)
Really good locations earn 30x more than poor locations
Hotspot electricity costs less than a cup of coffee per month
99% of nodes earn more than their electricity costs
The top 5% of hotspots earned $600+ last month 🤯
(typical hotspots earned $140 last month)
Really good locations earn 30x more than poor locations
Hotspot electricity costs less than a cup of coffee per month
99% of nodes earn more than their electricity costs
Helium Explains: The @helium Token
Helium Explains: The @helium Token
The @helium Token is the native cryptocurrency and protocol token of the Helium Blockchain. Its symbol is $HNT. The first $HNT was produced on July 29th, 2019 at 09:43pm UTC as part of the Network's genesis block. Prior to this date, there was no premine of $HNT.
The @helium Token is designed to serve the needs of two primary parties on #ThePeoplesNetwork:
1. Hotspot owners, who mine $HNT for providing and maintaining coverage.
2. Enterprises and developers, who connect #IoT devices and applications to the Network using Data Credits.
1. Hotspot owners, who mine $HNT for providing and maintaining coverage.
2. Enterprises and developers, who connect #IoT devices and applications to the Network using Data Credits.
I get a kick out of the long term price predictions for $HNT (@helium) that I see all over the web. In short, they're bogus.
Thread on why HNT (currently ~$4) is either going to be a 3 to 4 digit token or worth zero👇 #cryptocurrency
Thread on why HNT (currently ~$4) is either going to be a 3 to 4 digit token or worth zero👇 #cryptocurrency
The predictions will be like $30 or $40 or whatever in 10 years, but that completely ignores the one or zero nature of the platform. If helium 'works' the market is massive. Like many billions of $ of IoT data transfer spend massive. /2
To simplify the Burn-to-Mint Equilibrium (BME) that drives the economics of HNT, the long term price of the token MUST be $20 per $1 M per month of data transfer spend on the network. If it's not, BME will deflate the currency circulation until the relationship is restored. /3
One of the more unique aspects of the @Helium Network is the Consensus Protocol. Proof-of-Coverage (#PoC) is used for sybil resistance and to periodically select a new #HoneyBadgerBFT group.
Ask any Hotspot host and they will tell you how they dream of joining the coveted Consensus Group - a small group of Hotspots on #ThePeoplesNetwork that receives 6% of all $HNT mined per epoch.
Let’s take a walk back in time, shall we? We first read @socrates1024 #HoneyBadgerBFT paper in 2018. Our implementation was similar to @ethereum, using the GHOST protocol and @bitcoin #NakamotoConsensus to select a winner for each block.
Following our thread on the work of a Challenger in Proof-of-Coverage (PoC), it’s only fair we take a look at the Challengees who are key to successfully transferring packets, completing PoC challenges and earning $HNT!
The role of the Challengee is to prove to the Challenger that they are actually creating network coverage that #LongFi devices can use. For successfully responding to these challenges, the Challengee is rewarded in newly minted $HNT.
Challengees receive encrypted multi-layer packets wirelessly, via RF. Each layer of the packet is encrypted for specific Challengees in a sequential path. When a Challengee receives a packet and can decrypt it, they send their proof back to the Challenger via the #p2p network.
