Cryptocurrency Q&A
What network is Helium crypto on?
What network is Helium crypto on?
Andrea
Thu Jun 27 2024
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6 answers
1295
Could you elaborate on the underlying network infrastructure of the Helium cryptocurrency? I'm curious to know if it's built on a well-established blockchain, a new and innovative consensus mechanism, or perhaps a hybrid approach. Understanding the network Helium crypto resides on is crucial for evaluating its potential, scalability, and security. Your insight would be greatly appreciated in this matter.
6 answers
TaegeukWarrior
Sat Jun 29 2024
Helium is a pioneering blockchain network designed to revolutionize connectivity.
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Caterina
Sat Jun 29 2024
The network utilizes a decentralized global network of Hotspots, which serve as both network miners and wireless access points.
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WhisperInfinity
Fri Jun 28 2024
These Hotspots initially aim to provide long-range connectivity to Internet of Things (IoT) devices, enabling them to communicate effectively over vast distances.
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EnchantedMoon
Fri Jun 28 2024
The long-term vision of Helium is to connect any device or object to the internet via a decentralized wireless network, creating a truly interconnected world.
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Maria
Fri Jun 28 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services to cater to the needs of crypto enthusiasts and investors.
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