Etherium
Designed to suit the smart contract protocols.
The goal of Ethereum is to create a global network on which anyone can build decentralised applications, with all data distributed and publicly accessible on the blockchain. Ethereum is built to support smart contracts, which allow developers to programme digital value using code. Decentralised apps (dapps) built on Ethereum include tokens, non-fungible tokens, decentralised finance apps, lending protocols, decentralised exchanges, and many more.
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Mining
Mining cryptocurrency means in essence that you can earn coins or tokens without having to put down money for it. In the people driven network of Helium the “miners” are anyone with a Helium hotspot. The Helium Blockchain makes it possible to remunerate those supplying hotspots in a paradigm shift in the way world wide networks are delivered. Participants earn HNT by mining and building coverage for the network using Helium compatible Hotspots.
Mining HNT is done by installing a router on your office window, on your roof or wherever you can place it. Because Helium LongFi uses low frequency it travels further, kilometers further than WiFi. It also uses very little energy to do so. Around 5W.
Console
- Data access and management.
Blockchain
- Accessing and using the network costs cryptocurrency.
- Hosting hotspots is remunerated in data credits (HNT)
Security
Helium Hotspots have no open inbound ports for hackers to exploit. The device’s private key is stored in the router’s hardware.
The hotspots use a very low data rate and all wireless communication is encrypted with 128-bit protocols. Furthermore, they do not communicate with the network using IP, making it difficult for potential attackers. In addition, continuous bounty programs and independent third-party penetration testing are used to ensure the highest level of security possible.