Buy Helium (hnt)

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About Helium (HNT)

The objective behind the Helium project, which is also called “The People’s Network”, is to improve communication between wireless IoT (Internet of Things) low-powered devices based on a decentralised network powered by blockchain technology. Devices can send data across the Helium network of nodes and communicate with each other. Participants in the network are able to create “hotspots” made up of a miner and a wireless gateway - or to purchase them for network coverage across a set radius in return. Consensus in the Helium network is reached via Proof of Coverage and is based on the HoneyBadger BFT protocol. Each hotspot also mines the network’s native token, HNT coin and users operating nodes also earn rewards in HNT.

Helium market stats

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