Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Helium has given up on blockchains because they realized it added no value: https://medium.com/helium-foundation/hip-70-helium-core-team...

> In the current architecture, specific transactions, including Proof-of-Coverage and Data Transfer Accounting, are processed on-chain unnecessarily. This data bottleneck can cause efficiency issues such as device join delays and problems with data packet communications, which bloats the Network and causes slow processing times. HIP 70 proposes transferring these processes onto Oracles which will resolve these issues and further stabilize the Network.

There's a bunch of jargon, but for "Oracle" read "EC2 instance".



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: