HIP 123: Redefining IOT Data-Only Hotspot Onboarding and Assertion Fees#1006
HIP 123: Redefining IOT Data-Only Hotspot Onboarding and Assertion Fees#1006hiptron merged 6 commits intohelium:mainfrom
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HIP Editor notes: Stakeholders: Need to addDevelopers of Helium Wallets or Maker Apps that allow location assertion Detailed Explanation.Confirm that the first assert is free. DrawbacksA theoretical possible one is that a Maker doesn't update their maker app and either DO onboards/asserts don't work, or they go thru at the wrong cost. But as the only DO vendor I know is Seeed and they will almost certainly update the maker app, its probably not a real problem. Deployment ImpactWho is doing the blockchain work? Need to request Foundation/Nova to do this unless you have already got a resource. "This proposal is fully reversible and compatible with existing network practices." doesn't really say anything. Sucess metricsIs that an increase in Data-Only assertions or any location assertions? Last sentence is probably better as last sentence in motivation section |
This first draft of the HIP introduces changes to the onboarding and location assertion fee structure for data-only IoT hotspots on the Helium network. The proposal aims to lower the onboarding fees to 500,000 DC ($5) and allow one free location assertion every 30 epochs to encourage wider adoption and more frequent updates of hotspot locations... or at least, that's what's in this first draft.
This HIP was initiated by members of the IOT Working Group.