Cryptocurrency Knowledge

What is HNT?

Get to know HNT

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HeliumWhat is (HNT)?

The HNT token is a decentralized blockchain-powered network for Internet of Things (IoT) devices.
Launched in July 2019, Helium mainnet (Helium mainnet)
Allows low-power wireless devices to communicate with each other and transmit data through a network of nodes (nodes).

Native blockchai:

In 2022, Helium has announced that it will switch to the Solana blockchain.
For transaction processing to speed up transactions and reduce transaction fees on the Helium blockchain
By switching to Solana's blockchain, Helium can process transactions faster and have significantly lower costs.

Protokola Konsensus:

Helium Token (HNT) uses Proof of Coverage (PoC)
This is designed so that network participants can prove the existence and coverage of the wireless network they create or join.
Although Helium uses PoC, in 2022, Helium has switched to the Solana blockchain.
For transaction management to increase processing speed and reduce transaction fees.

Found/Date Founded: 

Helium's three founders, Amir Haleem, Shawn Fanning and Sean Carey, began founding the company in 2013.

Objective/Use case:

Helium is establishing a decentralized wireless network that allows devices to connect to the Internet.
Without expensive cell phone plans or energy-intensive satellite hardware.

Total supply/Limit or Unlimited: 

Supply of $223 million of HNT coins

Supply Deflation:

The burning of tokens may occur in some cases from the use of the token in the future.
However, Helium currently does not have an official token burning mechanism in its core system.

Source: 

https://coinmarketcap.com/currencies/helium/

https://www.coingecko.com/th/coin/helium

https://www.helium.com/hnt

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