• SI_Rob 98 days ago

    Sigh. If the tokens are tradable (and they will be, otherwise what's the use in trying to earn them), how will this not to turn into yet another blockchain cartel race to the bottom in pursuit of leverage over the thinly traded float?

    Have Helium actually solved the paradox of bootstrapping initial distribution of a purportedly decentralized network token from a tiny, necessarily centralized sponsoring body* to the much wider class of eventual user-adopters such that conditions do not favor enabling the former group's outsize leverage over the float to permanently manipulate the chart price - thus purchasing power - of the latter groups "earnings"?

    * whether this means "the devs", "the miners" or their equivalent manifestations in this system - colluding node cliques generating high-volume fake-traffic loads maybe.

    • lacker 98 days ago

      What exactly do you mean by "blockchain cartel race to the bottom in pursuit of leverage over the thinly traded float"?

      • techslave 97 days ago

        you had me at blockchain

      • drewda 98 days ago

        This is interesting and I'm tempted to order a base station. But how can one buy client hardware or find reference designs for building clients that use this network?

      • rmason 98 days ago

        Did a little digging and here's what I found out. Apparently Lime scooters and Tile's trackers as well as somebody putting a transmitter in dog collars. So if you become a Helium ISP at least in an urban area there will be a few customers.

        But you know what's missing from their website? Where I can buy a transmitter retail to test my hotspot. Maybe you've got to build it yourself and if that's the case technical details like the frequency or a schematic would be helpful.

        Lots of times the first people to buy something new when there's no existing base are the hobbyists.

        • bionicbits 98 days ago

          There will be device dev kits soon.

        • dfischer 98 days ago

          Wonder what the ROI is like if it costs $500.

        • whymsicalburito 98 days ago

          Is there any details of what the "rewards" are? I read the product page and am not sure what the upside is for hotspot owners. Isn't the ISP's job to build out their own network?

          • Proven 98 days ago

            The reward is you get paid to transmit shit that may be illegal.

          • dang 98 days ago
            • narak 98 days ago
            • sbr464 98 days ago

              I’d be interested in setting up/hosting a few hotspots in Denver. Username@gmail

              • Areading314 98 days ago

                Great to see some real blockchain innovation like Helium instead of just a bunch of "hot air"

                • wmf 98 days ago

                  The proof of coverage looks pretty cool although there are probably more ways the overall system could go wrong than it could succeed.