Home » Altcoin Helium devs propose ditching its own blockchain for Solana Reading 2 min Views 10 The transition to Solana would improve network scalability, which in turn would bring “significant economies of scale” to the network, according to Helium core devs. Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Tuesday. The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by users installing a Helium Hotspot to provide decentralized wireless 5G network coverage for internet users in their area. Helium uses a unique consensus mechanism, proof-of-coverage, to verify network connectivity and distribute HNT tokens to Helium Hotspot providers when coverage is verified. The proposal comes as Helium developers have emphasized the need to fix a number of technical issues in order to improve the network’s capabilities: Helium developers have proposed HIP 70, which would move PoC and Data Transfer Account to Oracles. This simplifies Helium's blockchain needs, improving scalability, speed, and reliability. It also allows for more rewards for miners and a move to Solana. 👀 https://t.co/ZFSWmwYn8f pic.twitter.com/ztnahzGAet — Helium Foundation🎈 (@HeliumFndn) August 30, 2022 Since its creation in 2013, the Helium network has operated on its own blockchain. The Hotspot podcast host Arman Dezfuli-Arjomandi stated in several Twitter posts that “Ethereum was too slow” and “other alternatives [at the time] weren’t all that appealing:” Fantastic news from the the most incredible network on the planet. Helium and Solana have extremely hard working relentless communities and teams behind them from all backgrounds. We are builders and not afraid of change. The combination is simply mind blowing 🤯! WAO! https://t.co/SQygB7Dwm9 — Jose Marcelino 🎈xNFT 🎒 (@jmarcelino) August 30, 2022 The HIP 70 vote is scheduled for Sept. 12, which will be made available for HNT tokenholders on heliumvote.com. Voting will end on Sept. 18. The news does not appear to have positively impacted the price of HNT which is currently priced at $5.23, down 15.5% over the last 48 hours.