1/15 One day 11 hours to go! Helium community member

Leo Gaggl , Hedera Developer Advocate Greg Scullard, and Rob Allen SVP, ecosys acceleration at the HBAR Foundation discuss why voting Hedera vs Solana is best for the security of the Helium network!
Summary 🧵👇

2/ "This is what Helium is doing, it's building that network that enables sensors...Being fitted with an IoT locator, that locator might be able to reach out 10-15km to one of those Lorawan hotspots that is in my living room or on top of my roof.." 46:40

3/ "To enable IoT devices to communicate with the rest of the world and have cryptoeconomics behind it that run on a Layer 1...To verify that that hotspot is in fact available and visible to others, so that it can prove that it deserves a reward if you want for being turned on" 47:25

4/ "We're not proposing to do anything with the regular network, we're just proposing to use Hedera to manage all those #beacon or hotspot reports and the distribution of tokens that results" 48:00

5/ "The reports that the hotspots are generating are recorded on-chain, on ledger, BEFORE they are being processed by a third party, before they are validated by any auditing third party, whether that's a member of the community or a regulated auditor." 27:35

6/ " This is the fundamental difference in what we're proposing with Hedera here, is to have those events recorded on ledger as opposed to have them sent to a piece of software that arbitrarily decides whether to pay hotspots or not" 27:55

7/ "I mean, you know, in the worst possible scenario, if that piece of software decides not to reward your particular hotspot, who are you going to complain to, how are you going to make this work for YOU, how do you know for sure your data is being treated fairly" 28:10

8/ "The way that Solana was chosen is there was no evaluation process...That was always a given that Nova Labs wants to go to Solana...What we really wanna do now is ensure that there's actually a proper selection process on merit" 29:10

9/ "What if Helium failed by selecting Solana? And we all know that Solana is super centralized and gets switched off with monotonous regularity, so if they don't fix that, and I don't think they will, because fundamentally the technology is flawed" 42:00

10/ "I think doing this on many L1s would be cost prohibitive. I've done a few calculations to support the proposal and it would cost a hotspot 8 cents/year to beacon once an hour, so we're not breaking the bank here"
48:50

11/ "If it turns out that there are 100s of millions or billions of those devices that are broadcasting on a daily basis...A Hedera shard is needed to sustain that throughput...By my calculations today, Helium would generate in the order of 300 to 400 TPS on the Hedera network"
49:35

12/ "Hedera is a leaderless network. There's no node on the network at any time that is responsible for creating a block or for deciding which transactions to put into the block which means that it'll truly require somebody to physically take out/disable a third of the operating nodes"
53:20

13/ "The list of nodes that'll be creating blocks to be validated is known 2 hours in advance by anybody operating a node on Solana...If you know which node is currently responsible for creating blocks to distribute to the network, how hard is it to take that 1 node down?" 54:00

14/ "I know, when we go sharding, if we need to expand the network, we will retain those capabilities. There still won't be a leader, there will not be a shard coordinator, everything will remain aBFT, and this is why Hedera is the most secure network out there" 56:45

15/ Helium community,

The Hedera community has put forward a HIP proposal for you, and a PoC demo:
https://twitter.com/DanyEid_/status/1572298893106491397?t=zeiU21iiJdfIEPRojfRtLQ&s=19

100 of billions devices is a bit much to eatimate with no? 100 million maybe?