#39 Helium: From Proof of Coverage to Proof of Stake with Scott Sigel

On the show today we have Scott Sigel, Director of Operations for the Decentralized Wireless Alliance. Helium network is a novel decentralised network because it is not just a blockchain or an application, but a worldwide decentralised physical wireless network, powered by hotspots. The wireless network is known as LongFi and incorporates state-of-the-art wireless network tech with blockchain. Companies use Helium network as a cost-effective alternative to track their IoT devices and network participants set-up hotspots to earn HNT rewards. We have Scott on the show today to talk about their newly announced transition to a Proof-of-Stake network and cover things ranging from hotspots to consensus to their ambitions to build the world’s first user-owned 5G network.