After acquiring sturdy local community assistance, Helium passed the big proposal to “migrate” to the Solana blockchain, with the precise date getting March 27, 2023.
On February 17, Helium (HNT) launched a website detailing its ideas to migrate to the Solana network. The undertaking established the Upgrade Readiness Working Group (URWG), a advancement group produced up of local community volunteers, accountable for overseeing the improve procedure.
In addition, Helium has also set a migration milestone on March 27, the integration procedure is anticipated to final 24 hrs.
📢 WARNING!
Helium Network is officially migrating to @solana March 27th! You are prepared?
Make positive you have migrated to the Helium Wallet app for a smooth transition. Keep Hotspots lively and on the web to acquire IOT tokens.More in this thread🧵👇 https://t.co/rzk2xcBEJ0
— Helium🎈 (@helium) February 17, 2023
The Helium local community reached an agreement to “move” from its personal blockchain to Solana in September 2022. At the time, the Helium Foundation announced its emphasis on keeping Layer one and expanding the network. Integration into Solana will carry pace, scalability, wallet compatibility, and is an suitable ecosystem for Helium to allow its advancement.
This big move is a huge phase forward for Helium. As a end result, Helium will integrate a substantial quantity of information into Solana, together with all accounts, wallets, tokens, scorching pots, and so forth.
Currently, as the network reveals, there are presently a quantity of volunteer organizations participating in the URWG to aid with the migration procedure, but Helium is nevertheless hunting for much more volunteers. From now right up until March 27, the advancement crew will emphasis on updating the software program and checking for any vulnerabilities in the wise contract.
Meanwhile, the Solana ecosystem took a really serious downturn following the crash of FTX, which at one particular level bottomed out at the SOL token at $eight.
HNT value is up six% in the previous 24 hrs, reaching the $three mark at press time.
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