Which chain is Helium Mobile (MOBILE) on?

Helium Mobile, a decentralized wireless network for IoT devices, is built on the Helium blockchain, which employs a Proof-of-Coverage consensus mechanism.

Dec 04, 2024 at 05:15 pm

Which Chain is Helium Mobile (MOBILE) On?

Helium Mobile (MOBILE) is a decentralized wireless network that provides low-cost, long-range connectivity for IoT devices. It is built on the Helium blockchain, which is a public, permissionless blockchain that uses a Proof-of-Coverage consensus mechanism.

1. Helium Blockchain Overview

The Helium blockchain is a decentralized, peer-to-peer network that is used to manage the Helium network. It is responsible for tracking the location of Helium hotspots, ensuring that they are providing coverage, and distributing rewards to hotspot owners.

The Helium blockchain is based on the Proof-of-Coverage consensus mechanism, which requires hotspot owners to prove that they are providing coverage to a specific area. Hotspot owners are rewarded with HNT tokens for providing coverage and participating in the network.

2. Helium Hotspots

Helium hotspots are devices that provide wireless coverage to the Helium network. They are typically installed in homes, businesses, and other locations where there is a need for wireless connectivity.

Helium hotspots use a combination of LoRaWAN and CBRS technologies to provide wireless coverage. LoRaWAN is a low-power, wide-area network technology that is ideal for IoT devices. CBRS is a cellular technology that is used to provide higher-speed connectivity for devices that require more bandwidth.

3. Helium Network

The Helium network is a decentralized wireless network that is powered by Helium hotspots. It provides low-cost, long-range connectivity for IoT devices.

The Helium network is used by a variety of IoT devices, including sensors, trackers, and wearables. These devices can use the Helium network to connect to the internet and send and receive data.

4. MOBILE Token

The MOBILE token is a utility token that is used to power the Helium Mobile network. MOBILE tokens are used to pay for data usage on the Helium Mobile network and to reward hotspot owners for providing coverage.

MOBILE tokens can be purchased on cryptocurrency exchanges or earned by providing coverage on the Helium Mobile network.

5. Helium Mobile Network

The Helium Mobile network is a decentralized wireless network that provides low-cost, long-range connectivity for mobile devices. It is built on the Helium blockchain and uses a combination of LoRaWAN and CBRS technologies to provide coverage.

The Helium Mobile network is currently in beta testing and is expected to be launched in 2023. It will be available in the United States and will provide coverage to a variety of mobile devices, including smartphones, tablets, and laptops.