Helium [HLM] - Wireless decentralized network for machines via new physical blockchain



  • Helium Technology.

    Physical Blockchain.

    Built from the ground up, the Helium Blockchain provides a new way to incent and reward anyone to participate in building a network and providing coverage. The Helium Blockchain enables a two-sided marketplace and microtransactions which allows machines to autonomously connect to any decentralized machine network without a third-party trust intermediary.

    New Cryptographic Proofs.

    Innovative Proof-of-Coverage and Proof-of-Serialization protocols verify time and location of network coverage provided by gateway operators. The combination of these proofs continually verify the integrity of the network and help enable machine geolocation capabilities.

    Democratized Mining.

    The Helium mining process is energy efficient and uses radio waves to provide proof instead of computation. It's also resistant to pooling and gives all miners a fair probability of being rewarded, regardless of where they are located.

    Machine Economy.

    With a blockchain and utility token, machines and gateways participate in a two-sided network economy. The blockchain enables thousands of trustless microtransactions per second, and rewards gateways providing network coverage in real time.

    Physical Data Fingerprinting.

    Real world data including location and time from each machine transaction is added to the blockchain. These transactions become permanent records which can be fully audited.

    Wireless Technology.

    Transform physical devices into connected machines without the complexity or cost. Helium’s wireless network infrastructure makes it easy to build highly reliable, secure connected machines with new radio technology that supports long range (miles), extended battery life (years), and bi-directional capability (including OTA updates).

    The firmware and hardware schematics are open source and publicly available to anyone.

    Machine Economy Backbone.

    Thousands of machines can automatically connect and transact over several square miles to a single gateway. Gateway owners can earn tokens for providing wireless coverage.

    Plug-and-play Connectivity.

    Capturing and sending data from your connected machine to the Internet becomes plug-and-play with the Helium Module. The module contains a radio chip and has been designed to effortlessly integrate with sensors to easily connect to the Helium network.

    New Wireless Protocol.

    A new Helium Wireless Protocol (WHIP) designed to be long-range, smart, and fully encrypted. Machines using WHIP can connect to Gateways over miles and last for years on a single battery.

    Geolocation without GPS.

    Expand the number of possible use cases with native geolocation capabilities. This geolocation capability is built into the network, provides highly accurate location data in near real time, and eliminates the need for expensive GPS chips that drain battery life.


    Open Source Software.

    Future-proof projects with open-source software that works out of the box to provision and manage machines, route traffic, and connect to public or private clouds in minutes. In addition, anyone can leverage openly available software, firmware or schematics to customize for their specific needs with well-documented APIs and a robust SDK toolkit.

    Machine to Cloud.

    With the Helium Router, users can easily choose where to send machine data with pre-built, secure connections to private or public clouds. Payment for connection and data transfer services as well as authenticating machines that join the network is also handled by the router.

    Manage Machines at Scale.

    Visualize and manage connected machines on the network with the Helium Console. The console provides real-time visibility of your deployments and makes it easy to provision, and manage machines at scale.

    Secure Wallet.

    The Helium Wallet provides the interface for users to store and manage their earned tokens. In addition, the wallet allows users to see and configure information related to mining and transactions.

    Developer-Friendly.

    As part of its open-source approach, Helium provides and maintains well-documented APIs and SDK toolkits free of charge. Developers can leverage code samples, reference development guides, and use software libraries to accelerate any custom projects.

    Follow us on Github

    Helium is built around the following key components:


    Proof-of-Coverage We present a computationally inexpensive
    Proof-of-Coverage that allows miners to prove they
    are providing wireless network coverage.We anchor these
    proofs using a Proof-of-Serialization that allows miners
    to prove they are accurately representing time relative to
    others on the network in a cryptographically secure way

    Blockchain Network We demonstrate an entirely new purposebuilt
    blockchain network built to service the Wireless
    Protocol and provide a system for authenticating and
    identifying machines, providing cryptographic guarantees
    of data transmission and authenticity, offer transaction
    primitives designed around the wireless protocol, and
    more.

    Helium Consensus Protocol We present a novel consensus
    protocol construction that creates a permissionless, high
    throughput, censor-resistant system by combining an
    asynchronous Byzantine Fault Tolerant protocol with
    identities presented via Proof-of-Coverage.
    Wireless Protocol We introduce a new open-source and
    standards-compliant wireless network protocol, called
    WHIP, designed for low power machines over vast areas.
    This protocol is designed to run on existing commodity radio
    chips available from dozens of manufacturers with no
    proprietary technologies or modulation schemes required.

    Proof-of-Location We outline a system for interpreting the
    physical geolocation of a machine using WHIP without
    the need for expensive and power-hungry satellite location
    hardware. Machines can make immutable, secure, and
    verifiable claims about their location at a given moment
    in time which is recorded in the blockchain.


    System Overview
    

     Helium is a Decentralized Machine Network built around
    a new wireless protocol (WHIP) on a purpose-built
    blockchain with a native token.
     Machines take the form of hardware containing a radio
    chip and firmware compatible with WHIP, and spend
    tokens by paying Miners to send data to and from the
    Internet.
     Miners earn tokens by providing wireless network coverage
    via purpose-built hardware which provides a bridge
    between WHIP and Routers, which are Internet applications.
     Machines store their private keys in commodity keystorage
    hardware and their public keys in the blockchain.
     Miners join the network by asserting their satellite-derived
    location, a special type of transaction in the blockchain,
    and staking a token deposit.
     Miners specify the price they are willing to accept for
    data transport and Proof-of-Location services, and Routers
    specify the price they are willing to pay for their Machine’s
    data. Miners are paid once they prove they have
    delivered data to the Machines’ specified Router.
     Miners participate in the creation of new blocks in the
    blockchain by being elected to an asynchronous Byzantine
    Fault Tolerant consensus group.
     Miners are rewarded with newly minted Helium for blocks
    that are created while they are part of the consensus group.
     A Miner’s probability of being elected to the consensus
    group at a given epoch is based on the quality of the
    wireless network coverage they provide.
     The blockchain employs Proof-of-Coverage to guarantee
    that miners are honestly representing the wireless network
    coverage they are creating.

    Participants

    There are three types of participants in the network: Machine,
    Miner, or a Router.
    Machines send and receive encrypted data from the Internet
    using hardware compatible with the Helium wireless
    protocol, called WHIP [Section 2.4]. Data sent from
    machines is fingerprinted, and that fingerprint stored in
    the blockchain.
    Miners provide wireless network coverage to the network
    via purpose-built hardware, called gateways [Section 2.5],
    which provide a long-range bridge between WHIP machines
    and the Internet. Users join the network as miners
    by purchasing or building a gateway that conforms to the
    wireless protocol, and staking a token deposit proportional
    to the density of other miners operating in their area [Section
    5.3.3]. Miners participate in the Proof-of-Coverage
    [Section 3] process to prove that they are continuously
    providing wireless network coverage that machines can
    use. Miners join the network with a score [Section 3.3.4]
    that diminishes as blocks pass without valid proofs being
    submitted. At a given epoch, a new group of miners are
    elected to a consensus group which mine new blocks in the
    blockchain and receive the block reward and transaction
    fees for any transactions included in the block once mined







    System Overview





    As a miners score drops their probability of being elected
    to the consensus group and mining blocks diminishes.
    Routers are Internet applications that purchase encrypted
    machine data from miners. In locations with a sufficient
    number of miners, routers can pay several miners to obtain
    enough copies of a packet to geolocate a machine without
    needing satellite location hardware, which we call Proofof-
    Location. Routers are the termination point for machine
    data encryption. Machines record to the blockchain which
    routers miners should send their data to, such that any
    gateway on the network can send any machines data to the
    appropriate router. Routers are responsible for confirming
    to gateways that machine data was delivered to the correct
    destination and that the miner should be paid for their
    service.





    For more details read white paper:





    A Simpler, Fairer Miner.

    No mining pools, expensive hardware, or technical knowledge needed.

    The Helium Gateway mines Helium tokens by validating that other gateways in the network are providing legitimate wireless connectivity.

    Simple: Just provide internet and power.

    Fair: Everyone has equal opportunity to mine.

    Be Part of Something Huge.

    Helium Gateways combine to form a worldwide wireless network for machines.

    The real power of Helium is its decentralization - it's built and owned by you! As gateway owners, you set the cost for machines to pay in exchange for connectivity.



    Introducing the Helium Network

    Connect Machines of all Types.

    Helium connects low-power machines to the internet in a new, secure, and affordable way.

    Thousands of machines can connect to a single gateway and send encrypted data through to the internet over miles of range. Owners earn tokens every time machines connect to their gateways.

    Mining that won't cost the Earth.

    We Replace Power-Hungry GPUs with Radio Waves.

    The mining process takes only minimal amounts of power (as much as an LED light bulb) and only requires an internet connection to operate. The power requirement for mining is fixed and will remain the same, regardless of the size of the network.

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