The Helium Network communications protocol has defined March 27 as the date for its migration to the Solana blockchain and deployment of Oracles, seeking to improve scalability and reliability.
According to a blog post on February 17, a 24-hour transition period will take place on March 27, during which the current Helium blockchain will be halted. Test coverage and data transfer activities will not be affected. A community volunteer task force is being formed to oversee the migration process. The Helium team stated:
"This update will cover all wallets, access points, and the status of the Helium Network, and will take place during a 24-hour transition period beginning at approximately 1500 UTC / 10:00 am ET."
ATTENTION!
Helium Network is officially migrating to @solarium the 27th of March! Are you ready?
Make sure you have migrated to the Helium Wallet app for a smooth transition. Keep hotspots active and online to receive IOT tokens.more in this thread https://t.co/rzk2xcBEJ0
โ Helium (@helium) February 17, 2023
After the chain stops, the validators will stop producing blocks and the transactions will not sync. A final snapshot of the blockchain will be taken after the migration of all accounts and tokens to the Solana blockchain, and Hotspots will be minted as non-fungible tokens (NFTs), the team noted.
"Please note that any rewards generated from Test of Coverage activity in the previous 24 hours will be available to claim in your Helium Wallet after the transition period. Oracles will update claimable balances and hotspot owners will be able to use the new claim function."
HNT and MOBILE token holders will not need to take any action to participate in the upgrade. The same is true for most hotspot owners, although large fleet owners can test specific claim functionality or develop custom wallet solutions.
The transfer to Solana was community enabled passing HIP-70 with more than 80% approval on September 22. At the time, the developers highlighted that migration benefits would include more of their native token available to subDAO reward pools, improved mining, as well as more reliable data transfer and ecosystem support.
Also in September last year, Helium creator Nova Labs announced a deal with US telecommunications provider T-Mobile to launch a cryptographically-powered mobile service that allows subscribers to earn cryptographic rewards for sharing data about the quality of coverage and help identify Helium dead spot locations across the country.
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