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HIP 55
Technical

Validator Challenges

This HIP changes how Proof-of-Coverage (PoC) Challenges are generated and submitted to the Helium blockchain. By moving challenging to Validators, the network's stability will be greatly increased. Sync issues, all relayed states, port forwarding or firewall issues, and SD card failures due to excessive load will be eliminated. Hotspot bandwidth consumption will be a fraction of what it is today. This may also reduce the cost of Hotspot hardware, as processing and storage needs will be greatly decreased. In order to make this move, the economic reward of 0.9% of total HNT rewards for creating PoC Challenges will move to Validators as well. (Hotspot earnings change from 70.1% to 69.2%) Approving this HIP implies that the community has reviewed the implementation and the relevant Chain Variables. We will consider this proposal as approved if it passes with 2/3 of the vote power by the deadline. Join the conversation on Discord and see the #hip55‑validator‑challenges channel for more details.

Voting Closed

Block 1,237,200

Blocks since vote

603,383

Vote Closed

Feb 22, 2022 at 10:13:16 am

Total Votes

3,200

Final Results

For HIP 55(96.3%)

3,213,915.13 HNT2,064 Votes

Against HIP 55(3.7%)

123,552.81 HNT1,136 Votes
Last updated 8 months ago(Results recalculate roughly every 10 minutes)

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