Delegation is currently not supported in Phase 1 of Helium. Only staking by running your own validator node.
Blockdaemon is the Total Node Management Solution
Blockdaemon guarantees peace of mind, as you never have to worry about maintaining or upgrading your nodes ever again — we look after all of that for you. Our finger is constantly on the pulse of each blockchain we support to ensure all of our nodes remain perfectly healthy. Our extensive experience across protocols lets us expertly monitor, repair and replace nodes where protocol level errors may occur. For any protocol updates needed, we look after these in advance so you never see any disruption in service.
Institutional Grade Security
Security is our top priority here at Blockdaemon. Our world-class node infrastructure spans across eight different cloud and bare metal providers, guaranteeing vendor and geographical diversity. This means we deploy nodes from a suite of secure data centres distributed across the globe to achieve a diversified and resilient network. Follow the recommended security HSM Standards, we run sentry nodes in the cloud and keep our validators in bare metal. By having our nodes live in data centres, we can ensure constant uptime and resiliency. Blockdaemon only deploy nodes in Tier 3+ data centers and never launch beneath this level. This ensures that for Denial of Service (DOS) attacks, every node we deploy is guarded by 3.5 terabit per second protection. Power is fully redundant and A + B 2N with onsite backup generators.
Dedicated Node Infrastructure
All nodes purchased through us are 100% customer dedicated. This means your node is yours exclusively. You’ll enjoy a dedicated node which has a unique address, its own unique connection and authentication key. Furthermore, these are never reused. We ensure your node is not open and exposed to anyone on the internet. Any nodes you’d like to add on additionally can be done so quickly and easily as well!
A Trusted Partner
Blockdaemon is by your side on your blockchain journey. We are the only infrastructure platform for blockchain nodes which offer multi-cloud and multi-geographical support, with just a few clicks. Want custom configurations and branded experiences? No problem, we provide a unified, whole-org, collaborative rollout to manage a complete network. Whatever your needs, we will work closely with you to deliver the solution you need.
Proof of Coverage
The Helium Network is a physical wireless network that succeeds based on the amount of reliable coverage it can create for users deploying connected devices on it. As such, it required a work algorithm that was built for this use case. The Helium blockchain uses a novel work algorithm called “Proof of Coverage” (PoC) to verify that Hotspots are located where they claim. Put another way, PoC tries to verify, on an ongoing basis, that Hotspots are honestly representing their location and the wireless network coverage they are creating from that location. Blockdaemon is participating in the Helium network by running validator nodes.
Any Hotspot operating in accordance with the consensus rules and network specifications should be able to participate freely in the Helium Network.
Achieving network consensus should be efficient and reusable to the network. In Nakamoto Consensus-based systems like the Bitcoin blockchain, work performed to achieve consensus is only valid for a specific block and then wasted. By comparison, Helium’s consensus system should perform work that is both efficient and reusable to the network beyond simply securing the blockchain.
Frequently Asked Questions
The Helium Token is designed to serve the needs of the two primary parties in the Helium blockchain ecosystem:
- Hotspot Hosts and Network Operators. Hosts mine HNT while deploying and maintaining network coverage.
- Enterprises and developers using the Helium Network to connect devices and build IoT applications. Data Credits, which are a $USD-pegged utility token derived from HNT in a burn transaction, are used to pay transaction fees for wireless data transmissions on the network (in addition to things like adding Hotspots and sending).
The Helium Community uses a governance mechanism called Helium Improvement Proposals (known as “HIPs”). Modeled on BIPs from the Bitcoin community, HIPs are used to introduce, debate, and approve/reject new changes to major elements of the Network like the core blockchain, $HNT token economics, and Network governance itself.
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