Helium

Key Technical Advantages:

Proof-of-Coverage: This is a unique feature of Helium that allows network miners to prove that they are providing wireless network coverage. This proof is anchored by a Proof-of-Serialization which allows miners to cryptographically prove that they are representing time accurately relative to others on the network. Helium Network and Consensus Protocol: The Helium Network is a purpose-built blockchain network designed to service WHIP (Wireless, Hardware-Independent Protocol) and provide a system for authenticating and identifying devices. It provides cryptographic guarantees of data transmission and authenticity. The Helium Consensus Protocol is a novel consensus protocol that creates a permissionless, high throughput, censor-resistant system by combining an asynchronous byzantine fault-tolerant protocol with identities presented via Proof-of-Coverage. WHIP: WHIP is an open-source and standards-compliant wireless network protocol designed for low power devices over vast areas. It is designed to run on existing commodity radio chips from various manufacturers without the need for proprietary technologies or modulation schemes. Proof-of-Location: This system interprets the physical geolocation of a device using WHIP, eliminating the need for expensive and power-hungry satellite location hardware. Devices can make immutable, secure, and verifiable claims about their location at a given moment in time, which are then recorded in the blockchain. Decentralized Wireless Network (DWN): The DWN provides wireless access to the Internet for devices through multiple independent miners. The miners are rewarded with newly minted tokens for providing network coverage and delivering device data to the Internet. Content summarized by AI chatbot

Source:

http://whitepaper.helium.com/