Helium community proposes to create an ENERGY subnet
On July 3rd, the Helium Foundation posted on social media that the Helium community is discussing a new proposal called HIP128. The proposal suggests creating an ENERGY subnetwork that rewards users for participating in the energy market through solar power generation and battery storage.
This subnetwork will support the integration and reward of distributed energy resources (DERs), allowing household users to contribute to grid stability and receive rewards. Its main advantages include dual mining (existing Helium hotspots can simultaneously receive IOT and ENERGY rewards), increased network activity and data credit consumption, entry into the renewable energy field, and promotion of green energy practices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Donald Trump's Son Eric Trump's Elon Musk Tactic! "After Ethereum, Bitcoin (BTC) Sharing Has Come Too!"
Eric Trump said that now is a good time to accumulate Bitcoin after Ethereum.
JPMorgan's Huge Cryptocurrency Survey! What Do Investors Think About Bitcoin (BTC) and Altcoins?
According to JPMorgan survey results, 71% of institutional investors stated that they do not plan to trade cryptocurrencies in 2025.
Why Ethereum (ETH) Cannot Rise? JPMorgan Analysts Explained, Warned for What Happened After!
JPMorgan warns that Ethereum could continue its poor performance.
SEC weighs proposal to change BlackRock's spot Bitcoin ETF to allow in-kind redemptions
The SEC asked for comments to be sent in 21 days after its filing is published in the Federal Register.Over a year ago when the SEC was considering whether to approve spot Bitcoin ETFs, firms were hashing out technical details over how the redemption process should work settling on cash, not in-kind.
Trending news
MoreCrypto prices
More
