The first Peer-To-Peer Wireless Network that’s operated by The Peoples Network. People who make up this Network are ordinary people like you and I. Big Telco Companies aren’t the future The People Are. You’re probably wondering what that means? Well, what if I told you it is finally happening the creator Of Helium who created the Hotspots have solved the problem by creating a solution that anyone can join in and take apart from it. It is called the People’s Network.
People’s Network because people like you, and myself can purchase these little devices called Hotspots I own 3 of them right now as we speak. You plug it into your house preferably in a window then you connect it to your home wifi. And it connects to the IoT and transfers data securely to the proper place. And it uses such a small portion of your wifi to create Long-Fi which sends a signal out to all these different devices all around the work the requires wifi to send their data to the device to a transmitter, or business, or monitor maybe in someone else house. Creates a peer-to-peer community of devices that help send data to the IoT. Well, I’ll get back to that later.
Helium-Hotspot Peer-To-Peer Wireless Network
Sean Fanning, creator of Napster and Amir Calem, CEO Helium and Frank Mong who was a video gamer, have been around for 6 years. ====The two came together, connecting small devices together from long range. By giving the power back to the people. Not in homes but think bigger than that outside. From dog collars, nestle Truck drivers, scooters, gas meters these devices Long-fi. Thursday, August 12, 2019, was the first launch it took place in Austin, Texas. They choose to launch it in Austin Texas because there are lots of investors, and cryptocurrency and be companies that want to use the Helium device Hotspot to transfer their data. Lime, and Nestle huge.
HotSpots
So every individual who buys a hotspot will be the owners, Helium is only the creator. So with a hotspot and the trust that they have discovered through a blockchain. The hotspot will transfer data and transmits a signal for miles from these devices to the owner of these devices. Which every time it does this it mines Tokens.
Building Trust
And the second is it is constantly proving itself that it is at the location it is at your home. So it wants to establish trust by creating proof of coverage to prove trust in the device and its location. So the more times it can connect with another Hotspot its gaining trust. The more trust a device has the Tokens it will mine. We then use the sensor and technology through long-fi to drive data back to all these different devices at a very low cost. People and the Internet of Things transfer data between there devices and your hotspot it there mines cryptocurrency which is how the people get paid.
Peer-To-Peer Wireless Network
Each month 5 million tokens will be distributed out to the hotspots that transfer the most data. The less you mined the less you will gain each month in that 5 million tokens. The more you’ll gain once you get involved and help the people transfer that Data early. This is a community-built network. That’s created by individual Hotspots transmitting data from a device through long-fi to the source and gaining Helium Token for doing it.
The big investors in this venture are billionaires that are backing up this Technology problem to an economic problem. Because they are sick of At&t and Verizon because the Data plan keeps going up every month and less and less coverage and for the single individuals to afford there phone service and not have to pay so much. And not only do poor people hate having to pay there bill every month but Billionaires are sick of paying their bill every month. So these phone companies have so much power and control so much of us, that Helium couldn’t do it alone. Helium doesn’t have the man power to flip the big guys over.
Learn more on this company behind this amazing Peer-To-Peer wireless network you can check out a couple other sources I have provided here.
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