The Helium Network plans to migrate to Solana in March
The Helium blockchain will be halted on March 27 for 24 hours. The proof-of-coverage and data transfer processes will be unaffected.
Helium Network, a communications protocol, has set March 27 as the date for its migration to the Solana blockchain and the deployment of oracles in order to improve scalability and reliability.
According to a blog post published on February 17, the transition will take place over the course of 24 hours on March 27, during which time the current Helium blockchain will be suspended.
Activities such as proof-of-coverage and data transfer will be unaffected. To oversee the migration process, a working group of community volunteers is being formed. The Helium team stated:
“This upgrade will affect all wallets, Hotspots, and Helium Network state over a 24-hour transition period beginning at 1500 UTC /10:00 AM ET.”
Validators will stop producing blocks after the chain has stopped, and transactions will not sync. Following the migration of all accounts and tokens to the Solana blockchain, a final snapshot of the blockchain will be taken, and hotspots will be minted as nonfungible tokens (NFTs), according to the team.
To participate in the upgrade, HNT, and MOBILE token holders will not need to take any action. Most hotspot owners are in the same boat, though large fleet owners may be able to test specific claim functionality or develop custom wallet solutions.
The move to Solana was made possible by the community’s approval of HIP-70 on September 22nd, with over 80% voting in favor. Developers stated at the time that the migration benefits would include more of its native token being available to subDAO reward pools, improved mining, and more reliable data transfer and ecosystem support.
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