A discussion with founders and foundation members of Solana and Helium about HIP 70, the radical proposal to scale the Helium network. I moderate the panel and ask the community's most burning questions about what will change.This is the most honest and compelling talk about HIP 70 yet, going deep into the root causes of why the Nova team thinks this proposal needs to happen.00:00:00 Start00:01:15 Intro & community recap00:03:44 HIP 70 brief explanation00:05:46 The road to HIP 7000:12:52 Helium community skepticism about updates00:16:35 Advantages of switching to a new L100:21:14 Difficulty of building L100:23:29 Importance of laser focus00:26:41 Is Helium forfeiting its sovereignty?00:30:33 Exploding community dev engagement00:34:14 How long HIP 70 will take00:42:17 How oracles affect decentralization00:46:46 Validators unstaking timeline00:57:04 IOT genesis snapshot timeline00:58:00 IOT token launch timeline00:58:54 Could HIP 70 be compromised?01:00:16 Pros/cons of community governance01:01:43 Why Solana, if it's unstable?01:10:57 Better hotspot remote diagnostics?01:14:23 How does veHNT work?01:17:09 Impact on IOT/LoRaWAN routers?01:21:51 Broken data packet accounting01:22:50 Detailed breakdown of the L1 choice?01:26:00 Closing thoughtsCheck out the latest TL;DR on HIP 70 by Frank Mong: https://blog.helium.com/tl-dr-on-hip-70-hnt-ecosystem-would-expand-on-solana-abb123501765And don't forget to join the #hip-70-scaling-the-helium-network channel on Helium's Discord server at https://discord.gg/heliumFollow Amir: https://twitter.com/amirhaleemFollow Anatoly: https://twitter.com/aeyakovenkoFollow Austin: https://twitter.com/Austin_FederaFollow Abhay: https://twitter.com/abhayFollow Joey: https://twitter.com/jhiller
Hosted by Arman Dezfuli-Arjomandi More episodes of The Hotspot are available on your favorite podcast app:Apple Podcasts: https://podcasts.apple.com/us/podcast/the-hotspot-helium-network-blockchain-podcast/id1524379293Spotify: https://open.spotify.com/show/5Wi2U6g7GWzrYzgOcsEvybYouTube: https://www.youtube.com/@hotspotpodAmazon Music: https://www.amazon.com/Hotspot-Helium-Network-Blockchain-Podcast/dp/B08JJSSL57Resources:Follow me: https://x.com/rawrmaanFollow Helium: https://x.com/heliumFollow Helium Foundation: https://twitter.com/HeliumFndnFollow Helium Mobile: https://x.com/helium_mobileLearn more about Helium: https://www.helium.com/Intro song: Lakey Inspired - Arcade

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