Cryptocurrency Q&A What is the purpose of Helium coins?

What is the purpose of Helium coins?

SeoulStyle SeoulStyle Sat Oct 26 2024 | 6 answers 1154
I'm curious about Helium coins. I want to know their purpose - why were they created and what are they used for? Are they just like any other cryptocurrency, or do they serve a specific function within the Helium network or ecosystem? What is the purpose of Helium coins?

6 answers

GyeongjuGloryDaysFestival GyeongjuGloryDaysFestival Mon Oct 28 2024
Helium operates as a blockchain-centric network tailored for IoT devices.

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KimonoSerenity KimonoSerenity Mon Oct 28 2024
This network leverages nodes, known as Hotspots, to facilitate connectivity.

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Eleonora Eleonora Sun Oct 27 2024
These Hotspots act as bridges between wireless devices and the Helium network.

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CryptoVanguard CryptoVanguard Sun Oct 27 2024
HNT, the native cryptocurrency of Helium, plays a pivotal role in the network's operation.

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Stefano Stefano Sun Oct 27 2024
HNT serves as the fuel that drives the network, ensuring its seamless functioning.

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