As such, it required a working algorithm that was built for this case. 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. Today, the Helium blockchain, and its tens of thousands of Hotspots, provide access to the largest LoRaWAN network in the world. The Helium Blockchain is a new, open-source, public blockchain created entirely to incentivize the creation of physical, decentralized wireless networks. Hotspots produce and are compensated in HNT, the native cryptocurrency of the Helium blockchain. So far you should have felt that the Helium Network has the potential to be the next big thing in the technology world and there is a good earning prospect in this as well. The complete Network works on LoRaWAN coverage that the hotspots placed by the people provide. The Helium Network provides people like us a platform to connect our LoRa devices to the Application Servers by taking a very nominal fee and in this complete process, No Internet or any other cellular network is used. These tokens are credited to the people's account according to the service their hotspot provides to the network. In return, The company rewards the people in the form of cryptocurrency named HNT i.e. The People Powered Network as the Helium Company mentions it, Is a LoraWAN based Network that provides coverage through the Gateways and Miners that people place at their houses or at their property that's why it is referred to as People Powered. Today we are going to have a closer look at The People Powered Network i.e. Hey, what's up, Guys! Akarsh here from CETech.
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