Showing posts from November, 2020

What Is Proof Of Coverage

Proof of Coverage Proof of Coverage is the new algorithm that was created for Helium. It verifies that the Hotspots in the network are physically located where they claim, and that they are honestly representing the wireless coverage that’s being created by the Hotspot for its location. Why Proof of Coverage? The success of the Helium network is dependent on it being able to provide reliable wireless network coverage for the connected devices using the network. This required a work algorithm that was specifically created to fulfill that use case. With Proof of Coverage the Helium network and blockchain are able to take advantage of the unique properties provided by radio frequency to produce proofs which are meaningful for the network and those using the network. In particular, Proof of Coverage relies on these three characteristics: RF has limited physical propagation and, therefore, distance; The strength of a received RF signal is inversely proportional to the square of the dis

Helium Hotspot Mining

Amount of HNT mined by Your Helium Hotspot has been designed based on these criteria. 1.CHALLENGERS: 0.95% Hotspots are chosen by the network to issue challenges, encrypted messages over the Internet, to a target group of Hotspots. Challenges are used by Proof-of-Coverage to validate wireless coverage. Hotspots can issue challenges from any location, not just to local Hotspots. 2.PROOF-OF-COVERAGE: 5.31% Hotspots earn a share of HNT for participating in Proof-of-Coverage and validating their peer’s wireless coverage. The amount each Hotspot earns depends on how often it is directly involved in Proof-of-Coverage activity. 3.WITNESSES: 21.24% Hotspots that monitor and report Proof-of-Coverage activity (beacons) of other Hotspots receive a portion of HNT depending on how much activity they’ve witnessed, and the reward scaling of the Challengee. 4.NETWORK DATA TRANSFER: 32.5% HNT is distributed to Hotspots that transferred data from devices on the network. The amount of HNT is

Helium Hotspot

The Helium Hotspot enables anyone to own and operate a wireless network for low-power Internet of Things (IoT) devices. The Helium Hotspot provides hundreds of square miles of connectivity and can transmit data at a fraction of the cost of a cellular network. Helium uses an open-source LongFi architecture, which combines the LoRaWAN wireless protocol and the Helium blockchain. Hotspots also acts as miners on the Helium blockchain so owners can earn a new cryptocurrency (HNT), for building the network and transferring IoT device data. Smart pet collars, environmental sensors, bike trackers, or any compatible IoT device can connect to Helium Hotspots without Wi-Fi or cellular networks, inspiring innovation and enabling new use cases. The Helium Network is present in North America and Europe.  IoT Connectivity – Arm