Explaining the HNT Switch To SOL by Scott Andrew Alpaugh
If you are a HNT holder, you might have heard the news that Helium Network is planning to migrate its blockchain from HNT to SOL, the native token of Solana. This is a major change that will affect the network's performance, security, and scalability. In this blog post, we will explain why this decision was made, what it means for you as a HNT holder, and how you can prepare for the switch. Why SOL? Solana is a high-performance blockchain that can handle thousands of transactions per second with low fees and fast confirmation times. It uses a novel consensus mechanism called Proof of History, which allows nodes to synchronize and validate transactions without relying on a leader or a committee. Solana also supports smart contracts, which enable more complex and programmable applications on the network. Helium Network chose Solana as its new blockchain platform because it offers several advantages over the current HNT blockchain, which is based on a modified version of Bitcoin. So