icon - Helium
HNT Helium
-10.19%
$ 6.63057481
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • 59
    Helium
    $ 6.63057481
    $ 1,130,328,224
    $ 16,532,546
    0 HNT
    -10.19%

Helium. Price of cryptocurrency: $ 6.63057481

What is helium?

The Helium mainnet allows low-powered wireless devices to communicate with each other and send data.
There are so-called Hotspots, which are a combination of a wireless gateway and a mining device.
Helium wants to prepare the internet of things communication for the future.

Who is the originator of Helium?
The company was started by three co-founders.

Prior to Helium, Carey held multiple development roles.
Helium now has a team of people with experience in radio and hardware, manufacturing, distributed systems, peer-to-peer and the like.

What makes Helium unique?
Helium wants to improve the communication capabilities of the Internet of Things.
The core appeal will be to device owners and those interested in the internet of things.
Network participants can either purchase a wireless gateway or build their own.

Users pay transaction fees in a separate token called Data Credits, which are not exchangeable and tied to individual users themselves.

There are related pages.
You can read more about IOTA here.
You can read more about IOTW here.
Is it a new person?

How many Helium coins are in circulation?
The rewards are distributed according to the changing growth plan.
Helium says that at the beginning, it will be more beneficial to build out network infrastructure, while later on it will be more beneficial to transfer device data.
There are 48,712,218 HNT in circulation as of October 2020.

How is the Helium network secured?
Helium uses a consensus mechanism called proof-of-coverage which rewards users for contributing to mining and ensuring stability.
PoC is based on the HoneyBadger BFT protocol, which is designed for unreliable communication.
Helium says that the most likely attack is the inbound ports of Hotspots.

Where can you buy helium?
As of October 2020, HNT is spread across major exchanges.
Are you new to the coin?