Discover and read the best of Twitter Threads about #longfi

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Helium Explains: The @helium Token Image
The @helium Network connects #IoT (and soon 5G) devices in ways never before possible and at a fraction of the cost of cellular, without users needing to deploy and maintain wireless infrastructure. Image
The Network's range is optimized for devices running on @helium #LongFi, a combination of #LoRaWAN and the Helium Blockchain. This opens up a number of use cases including asset tracking, supply chain logistics, agricultural #tech, & more, up to 10 miles+ from nearby Hotspots. Image
Read 8 tweets
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.
Read 6 tweets
How exactly do Hotspots mine $HNT? You asked. We answer.

The amount of $HNT Hotspots mine depends on the type of “work” they perform based on the value to the network. This validation of network contribution is accomplished by a new work algorithm called Proof-of-Coverage (PoC).
There are 5 types of work a Hotspot can participate in:

1. PoC CHALLENGER: Hotspots are chosen by the network to issue “challenges”, or encrypted messages, over the Internet to a target group of Hotspots. Challenges are used by PoC to validate wireless coverage.
2. PoC CHALLENGEE: Hotspots validate nearby wireless coverage by broadcasting challenges received from challengers using Radio Frequency (RF). The amount of $HNT each Hotspot earns depends on whether any of these RF broadcasts are received by other nearby Hotspots.
Read 7 tweets

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