The HIP 70 proposal explains that the migration to Solana would improve the network’s operational efficiency by giving Helium access to Solana developer tools, applications, and features.
The proposal seeks to make three major changes:
- Move Proof of Coverage (PoC) to Oracles.
- Move Data Transfer Accounting to Oracles.
- Migrate the Helium network and all its tokens to the Solana blockchain.
Why Helium wants to migrate
The proposal claimed the migration is necessary because the growing use of the Helium network has made it difficult to manage data flow and accounting, leading to inefficiency issues.
Moving PoC and Data transfer to Oracles will help solve these problems and make the network more stable, allowing higher scalability.
The developers added that the migration to Solana is appropriate as it provides a scalable architecture Helium currently needs.
Helium developers believe the conditions that made them develop a Layer1 blockchain for the network no longer exist. The crypto ecosystem has matured, and the number of Layer1 options to build on has increased.
What will Helium gain?
According to the proposal, the migration will make Helium part of a thriving developer ecosystem, leveraging its services for their works, thereby increasing its adoption.
It continued that Helium would benefit from Solana’s extensive open-source community and access to more blockchain developers.
The proposal also stated that there would be a 6.85% increase in the volume of HNT reward tokens that goes to miners or node operators following the migration.
Meanwhile, there is no timeline for when the migration will happen should the proposal be passed. The community will vote on the proposal between September 12 and 18.
Helium community bashes the idea
Helium community members are bashing the idea of migrating to Solana on the proposal’s Discord channel.
One community member, asked how “Sol will handle a million miner request” when “it can’t even handle a proper mint due to bots.”
In response, Helium CEO Amir Haleem asked the community member to “write another HIP with the different proposals. This is ours.”