We are addicted to crypto… and our aim is to stimulate the masses!
Welcome to Crypto-STIM! As we learn, you learn. Each week we vape the 5 unique attributes that make each new crypto we find tantalizing and addictive in their own right.
Helium: The People’s Network
We find no point in beating bushes, so let us get straight to the point.
1. Decentralized Internet of Things (IoT):
Goodbye GPU mining in this new network. Mining has a new form to meet the needs of IoT devices that need a reliable signal, and for Helium that’s the opportunity for decentralized radio tech spread around the globe to jump in. Lowering expense building networks of neighbors, not corporate overlords, and creating “proof-of-coverage” with a variety of vendors to choose from (to get the hardware from that is).
2. Offers Everyday Folk a Slice of the IoT Pie
Get your own hotspot! Want to participate, it’s as easy as connecting your own node. Yup, a simple PoE (Power over Ethernet) device that you connect to your router and plugin. A quick install and a few clicks with an app and anyone can join in the fun.
3. Double Benefit: Provide Wireless & Earn HNT, Helium’s Coin
No more reliance on others to expand wireless access, a new model of the future of building wireless infrastructure is here and it’s available and dependent upon the masses to imbibe the kool-aid. Not only are we given the opportunity to play a role in connecting our world we get paid for it, in HNT that is, Helium’s native token.
4. Proof of Coverage (PoC)
As with any network, it pays to know that hotspots are actually where they claim to be. In other words, the PoC works on a model that verifies both hotspot location and coverage they are providing “The People’s Network.”
5. Data Credits
Helps give us a pay-per-use model, with no extravagant annual fees. Data Credits (DCs) are used to pay for the uplink that a user will engage. What’s the ratio, every 24 bytes cost 1DC = $.00001. Makin’ those ends.
Special thanks today to Helium.com and CoinMarketCap.com for helping us take in a little Helium. The best thing is when you learn, we learn, and we all get the buzz. See you next time on BCB Cyber.