Helium🎈 Profile picture
Jan 19 7 tweets 4 min read
LoRaWAN and 5G Hotspots - @helium Explains Image
The @helium IoT and 5G Networks serve the needs of two separate industries. Image
Powered by #LoRaWAN, thousands of square miles of coverage on the @helium IoT Network support millions of low-powered use cases such as smart water and parking meters, pet trackers, agricultural sensors, environmental monitoring stations, and flood sensors. Image
The @helium 5G Network is the second wireless Network and newest addition to coverage on the Helium Blockchain. Meant for high-speed consumer use, 5G Hotspots fuel coverage for cellular devices such as phones and tablets. Image
The amount of $HNT distributed to Hotspots on the @helium Network depends on the type of “work” they perform based on the value to the Network. Here’s a full breakdown of $HNT mining rewards, with 61% of minted rewards earned by Hotspots. Image
Of these rewards, Network Data Transfer is allotted to both LoRaWAN and 5G Hotspots. On the other hand, the 26% of rewards allocated for Proof-of-Coverage is currently just for LoRaWAN Hotspots on the Network. Image
As the Network evolves toward allowing more wireless protocols besides LoRaWAN and 5G, community discussion continues around whether Proof-of-Coverage should be allocated beyond LoRaWAN, and how such a distribution would take place. Join the conversation: discord.gg/helium. Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Helium🎈

Helium🎈 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @helium

Nov 22, 2021
This week the @helium Network was severely tested. The core developers and Helium community have worked together to address multiple challenges that have resulted from its unprecedented growth.
A more detailed, engineering-specific post-mortem will be published later this week, but we wanted to provide initial details on these incidents so everyone could have some early context on what happened.
First, BIG THANKS to everyone for their contributions and their patience through the past week. A core strength of this Network is that it’s built by the people: Hotspot owners, Validator operators, device owners, developers, manufacturers, and mods make the Network resilient.
Read 12 tweets
Sep 10, 2021
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
Apr 4, 2021
Helium Explains: The @helium Token Image
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. Image
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. Image
Read 7 tweets
Mar 19, 2021
Helium Explains: $HNT Mining Rewards
Hotspots earn $HNT for building and securing network infrastructure and transferring device data. The amount of $HNT distributed to Hotspots depends on the type of “work” they perform based on the value to the network. Here’s a full breakdown of $HNT mining rewards.
Hotspots are chosen as a Challenger by the network to issue Challenges (encrypted messages over the internet) to a selected Hotspot, receiving 0.95% of token rewards for doing so. Hotspots can issue challenges to any location around the world 🌎, not just to local Hotspots.
Read 7 tweets
Oct 16, 2020
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.
Read 10 tweets
Oct 15, 2020
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

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(