welcome to helium’s decentralized machine network - what is the best electric toothbrush

At 2012 Sean Fan Ning (
Founder of Napster)
Sean Carey and I are talking about the "internet of things" and how exciting the underlying world of everything that is connected is.
It seems like a promise, a buzz is forming, and soon everything will be online in all places, and humanity will be saved.
Or something like that.
We started exploring around to see what it would be like to build a connected "thing" and what the development experience brought about.
We have the experience of building and selling software companies and assume that we can apply the same rapid development, prototyping, continuous iteration type methods we use, leveraging mature software stacks, we can focus on our final application.
We quickly discovered that, unlike software, the world of sensors, hardware, radio modules, connections, and routing data needs to piece together the base layer and navigate through chaotic transmissions and protocols.
When friends and peers tell us that everyone in this market is experiencing similar challenges, we quickly realize that this is a huge opportunity.
If we provide a simpler experience for developers connected to devices and the Internet, we will unleash a huge market for connected devices.
We have secured funding with investors who believe in our mission, including GV (
Used to be Google Ventures)
Khosla Ventures, FirstMark, and others, are starting to move towards our mission to empower people, communities, and businesses to connect machines to the internet effortlessly and make the world smarter,
We found that the challenges and complexity we initially experienced actually got worse over time, and the Internet of Things hype train gained momentum.
The emergence of new companies drives their standards, and there are different business models, such as vendors forcing their customers to use proprietary chips, but claiming that their connections are open. The result?
For companies trying to solve simple use cases involving connecting devices to the Internet, confusion remains a top priority.
Took some time to build a terminalto-
Think this will be a faster way to go public (
We were really wrong about that)
We went back to the battlefield and delivered the v1 of the helium platform;
An out-of-the-box solution simplifies the process of connecting devices to the Internet available today.
Difficulties are well known because we have been there and we eliminate complexity by providing software, hardware, cloud service platforms that enable companies to focus on developing applications for their specific use cases.
When many customers are amazed at this range (miles)Battery life (years)
What they don't necessarily "see" is underlying security, encryption, connection protocols, provisioning mechanisms, and cloud connectors.
It just works, and that's exactly the way we design it.
While we are proud of our v1 products, we believe that centralized connectivity is a bigger problem that we haven't solved yet.
If any, we might make the situation worse by adding another proprietary solution to the mix.
Connectivity is key and a key obstacle to the reality of IoT commitments.
Industry experts agree.
We learned from our own experience and from our customers with v1 solutions that this connectivity puzzle is still very real and common.
Connection options are not ideal today: Wi-
The Fi introduces complexity and only provides a limited range.
The scope requirements usually exclude technologies such as Bluetooth.
For a wide range of coverage, it seems to be a viable option if the honeycomb does not have the high cost and power consumption features of each device.
Class M1 and class NB
The internet of things does not provide as much solution for low power devices as I think anyone would like, and updated-
LPWAN providers are facing a wide range
Scope of technical and economic challenges.
In addition, the mobile phone company is a large, public and centralized organization, and its essence is to maximize the return on capital investment for shareholders.
This means a market service that consumes more data for each device and charges more for that data (
Consider the inevitable increase in data demand such as 5g and 4 k, AR, VR, etc).
The problem of centralized organization in focus, cost and ownership related to coverage is inherently inherent.
For this connection problem, different companies have chosen different methods.
Some are trying to raise a lot of money and try to build their own infrastructure.
It was expensive and took a long time and tried it before but failed.
Even if it succeeds, it will eventually become another centralized network.
Join a centralized network, or try to build a network that determines cost and coverage, repeating many mistakes in the past, when applied to devices with low data requirements in large quantities, basic economics has proved unsuccessful. Newer IoT-
Dedicated technology and network providers claim open connectivity on the one hand, forcing companies to use their proprietary hardware or modulation schemes on the other.
This highlights another key challenge for the internet of things to stagnate: the future
Solution.
The organization wants to ensure that equipment in the field is served and supported for many years without having to worry about whether the parent company is still there. For a community
To be successful, it needs to run on truly open protocols and hardware and properly motivate all participants to act for the best benefit of the network.
The desired result?
An open, decentralized network of machines that reduces the cost of each device, increases scalability and coverage, and gives ownership of the network to the community.
Inspired by the token story outside of Bitcoin and the blockchain potential outside of digital currency in 2017, our SF office gave birth to a simple but powerful idea: build an open, decentralized network for smart devices or what we call machines using blockchain and utility tokens.
Blockchain adds an economic dimension to the network and creates a market between network users and providers.
Market forces such as user selection and supplier competition created in this market have optimized network costs and created value for the entire community.
The helium decentralized machine network combines new wireless protocols and hardware with protocol blockchain and utility tokens to motivate and reward coverage providers.
We expect that the more coverage provided, the more network users, the more returns the provider will receive.
In order for the network to run, we need to build our own protocol blockchain, invent a new, unique consensus protocol, and a new proof that we call proof --of-Coverage.
Unlike other block chain certificates that require a lot of calculation, proof-of-
Coverage is a new proof of the provider's effective location and wireless network coverage.
In addition to proving the location of the provider, we also used a proofof-
Our proof is anchored based on the serialization of Google's Roughtime protocol-of-
Encryption security, coverage within the sync time.
We combine all of this with an asynchronous Byzantine fault-tolerant protocol that provides a very high transaction rate (
Thousands per second, not one)
Trade encryption and review flexibility to create our new helium consensus protocol.
The end result is that covering providers to participate in the mining of blocks and getting rewards, as well as the cost of sending data to and from the Internet for devices using the network, provide strong incentives for all participants.
We believe that this unique network consensus approach that combines token rewards helps to keep the earliest providers of the network motivated and solve the cold
Began to trouble the traditional crowdsourcing project.
While we will sell our own hardware products for the network, helium devices and gateways are built using commodity hardware, and specifications and schematic drawings will be made public to anyone.
The future of the machine network depends on open protocols, modulation schemes and designs-no proprietary software or hardware is required, which means that anyone can take our designs and build their own devices or gateways.
We are confident that this decision to open source technology will attract strategic partners, enable us to engage with intelligent developers, and allow loyal customers to join, build and prove this decentralized machine network in the future.
Just as no one predicted that companies like Google and Airbnb were born on the Internet, we really didn't know what kind of applications bold entrepreneurs would build on helium-dispersed machine networks.
We know that what we are doing is ambitious and has never been done before, which has excited us, our partners and our customers.
We invite you to join us on our journey to create something truly unique together.
Join us for a Telegram chat or visit helium.
Learn more.