Prepare yourself for Proof of Coverage.
Helium (HNT) is a decentralised blockchain-powered network for Internet of Things (IoT) devices.
It gives power to users - allowing them to host it’s decentralised wireless network. Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device.
Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.
How does Helium keep this together?
With Proof of Coverage. PoC is Helium’s consensus mechanism.
In the image HNT last 365 days growth.
@CryptoTrades #dailynews #hnt #helium #poc
Helium (HNT) is a decentralised blockchain-powered network for Internet of Things (IoT) devices.
It gives power to users - allowing them to host it’s decentralised wireless network. Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device.
Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.
How does Helium keep this together?
With Proof of Coverage. PoC is Helium’s consensus mechanism.
In the image HNT last 365 days growth.
@CryptoTrades #dailynews #hnt #helium #poc