Cryptocurrencies

Text

What is the issue volume of HNT coins? One article to introduce the application scenarios of HNT coins

HNT coins serve as the fuel for the Helium network, powering wireless coverage, data transfer, and various IoT use cases such as device tracking, environmental monitoring, and secure LoRaWAN connectivity.

Oct 24, 2024 at 10:02 am

What is HNT Coin Issue Volume? Discovering the Use Cases of HNT in IoT

Issue Volume of HNT Coins

Current Supply: 121,261,118 HNT (as of September 12, 2023)
Max Supply: 218,343,668 HNT
Emission Schedule:
- 2,666,667 HNT per year (post-halving)
- 5,333,334 HNT per year (pre-halving)
- Next halving: March 2, 2024

HNT Coin Use Cases

HNT coins are the backbone of the Helium network, a decentralized wireless network that provides connectivity for IoT devices. Here are its primary use cases:

Network Coverage: HNT is used to reward Helium miners for providing wireless coverage, incentivizing them to expand the network's reach and connectivity.
Device Data Transfer: Users pay HNT to transmit data through the Helium network, connecting their IoT devices to the internet at a low cost.
Hotspot Management: HNT powers the Helium Hotspot Management System, allowing users to own and operate Helium hotspots and customize network parameters.
Incentivize Deployment: HNT rewards businesses, enterprises, and individuals for deploying Helium hotspots, encouraging widespread network growth.
LoRaWAN Connectivity: HNT enables seamless connectivity for LoRaWAN-based IoT devices, connecting industrial sensors, smart cities, and home automation systems wirelessly.
Secure Data Transmission: The Helium network uses advanced encryption techniques to ensure secure data transmission, assuring data privacy and confidentiality for IoT users.
Real-Time Tracking: HNT facilitates real-time tracking of assets, vehicles, and other objects through GPS-enabled IoT devices, providing valuable location insights and security.
Environmental Monitoring: Helium hotspots can be deployed as environmental sensors to collect data on air quality, weather conditions, and noise levels, making real-time environmental monitoring possible.

Conclusion

HNT coins are integral to the Helium network, powering network expansion, device connectivity, and a wide range of IoT applications. Its decentralized nature and low-cost connectivity make it a valuable asset for the growing IoT ecosystem.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

ATA

$0.2027

100.07%

Trade Now
VERUM

$2,268.6371

97.30%

Trade Now
AI16Z

$1.2523

47.14%

Trade Now
SCRT

$0.5421

38.40%

Trade Now
STEEM

$0.2775

27.04%

Trade Now
OGN

$0.1385

22.41%

Trade Now

Latest Crypto News

New Laws Authorize FIFA World Cup 2026 Commemorative Coins and Congressional Gold Medals
2024-12-28 22:35:02
PENGU: The Pudgy Penguins Token That Aims to Top Dogecoin's Market Cap
2024-12-28 22:45:01
Crypto Guru Shares Hidden Gems for Massive Returns in Early 2025
2024-12-28 22:45:01
Catzilla ($CATZILLA): The Ultimate Meme Coin Hero Challenging the Status Quo
2024-12-28 22:45:01
These 4 Under-the-Radar Tokens Could Be the Next Big Thing in Crypto
2024-12-28 22:55:02
Beam Raises $72M in Public Sale to Advance Development Within the Avalanche Ecosystem
2024-12-28 22:45:01

Related knowledge

What Is The Difference Between Fungible And Non-Fungible Tokens?

Nov 26,2024 at 01:04pm

Fungible vs. Non-Fungible Tokens: A Comprehensive GuideIn the realm of blockchain technology, the concept of tokens lies at the core of many applications. Tokens represent digital assets that can be used to facilitate transactions, store value, or represent ownership. However, there exists a fundamental distinction between two types of tokens: fungible ...

What is a Public Key Infrastructure?

Nov 23,2024 at 12:30am

What is a Public Key Infrastructure?IntroductionA Public Key Infrastructure (PKI) is a framework that enables secure communication over a network by managing digital certificates and public-key cryptography. PKI plays a crucial role in various blockchain applications, ensuring data integrity, authentication, and non-repudiation.Components of a PKIA PKI ...

What is MEV (Miner Extractable Value)?

Nov 22,2024 at 06:22pm

What is Miner Extractable Value (MEV)?Introduction:Miner Extractable Value (MEV) is a term used to describe the profit that miners can make by manipulating the order of transactions in a block. This manipulation is possible because miners have the ability to choose the order in which transactions are included in a block, and they can use this power to f...

What is a Genesis Block?

Nov 24,2024 at 09:10pm

Decoding the Genesis Block: The Birth of BlockchainIntroductionThe Genesis block stands as the inaugural chapter in the blockchain saga, igniting the spark that revolutionized the world of finance and technology. This foundational block holds immense significance, embodying the inception of immutable ledgers, decentralized networks, and the transformati...

What Is an NFT Game?

Nov 26,2024 at 07:05am

What Is an NFT Game?Non-fungible tokens (NFTs) have taken the digital world by storm, empowering creators, collectors, and enthusiasts alike to own and trade unique digital assets. The integration of NFTs into the gaming industry has given rise to a captivating new realm known as NFT games, where players can not only enjoy immersive experiences but also...

What Is an NFT Marketplace?

Nov 22,2024 at 07:43pm

What Is an NFT Marketplace?An NFT marketplace is a platform that facilitates the buying, selling, and trading of non-fungible tokens (NFTs). NFTs are unique digital assets that represent ownership of a specific item, such as a piece of art, music, video, or other collectible. NFT marketplaces allow users to create, list, and purchase NFTs, with transact...