Helium

Recently, blockchain technology faces one of the biggest threats from the beginning. Decentralized distributed systems are threatened by centralization. The big players have managed to collect large amounts of processing power, so we have the situation that most Bitcoin majning, i.e. the processing power of the algorithm. It also proposes solutions that further centralize the system, such as increasing the blocks to a maximum capacity of 8 MB. All this leads to the more expensive hardware that needs to be, and in the end, only large data centers and large majors will remain. Not a good situation for a decentralized system.

There was a project that intends to solve the problem. It's about the Helium project. Helium aims to increase system decentralization by using a methodology that will allow a distributed independent contractor system to provide data storage services for users. This will create a strong decentralized network, and offer many jobs around the world. The competition that will emerge will reduce the cost of cloud storage, and the benefit of multiple use of encryption between users using SPV and full nodes which will limit snooping. The network will support Master Nodes and Service Nodes. Master Node operators will be paid for their work, and they will perform the functions that the network needs. To operate the Master Node will need 1000 Helium. Service Nodes behave as a blockchain service or BaaS (Blockchain as a Service). Service nodes will run DSDN, a fast relay network. Service Nodes are essential to attract capital funded by Master Nodes.

Helium is also a payment system. You can send instant transactions that are safe and private through it. A mobile wallet will also be offered.

The Helium Project is a fruit of a team led by two people from the Bitcointalk forums who have a high reputation in the community and have already participated in creating very successful startups. Together, they have the knowledge they need to cope with any challenge they face in their journey. Many projects have no expertise as this project has.

The project looks very interesting and here we have given you basic information. We tried to get you closer to this prospective project, but to find out all the information, to the level of detail, we recommend that you look at the official whitepaper, very detailed and clear to understand you were an expert or novice in blockchain technologies, which you can find at the following link: //heliumpay.com/img/WhitePaper.pdf

Bounty Campaign

You can also take part in so-called bounty programs. This means that you can support a project through social networks, help founders in various translations, write blogs, engage in signature campaigns, etc. For more information, see: https://bitcointalk.org/index.php?topic=2104006.0

Bitcointalk is where to find out the best information and people about the project, but you can ask questions and people who work on the project are happy to answer or help if needed. Thread with project announcement: https://bitcointalk.org/index.php?topic=1809278.0

There is nothing left to do but to wish for the people working on the project as well as those who will support it. Helium brings the real prevalence to the crypt valued market and we are sure it will be a complete success, and you do not forget to go to the official website and find out what you are interested in: http://heliumpay.com/

AUTHOR: Persijadays

BITCOINTALK LINK: https://bitcointalk.org/index.php?action=profile;u=1925613

ETH: 0xFe7e4a646ed5d69c1355A24bF8d3f5DAb567Da9d