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by Canada 1427 days ago
How does that proof of coverage work exactly?

https://docs.helium.com/blockchain/proof-of-coverage/

It has nowhere close to the density for this to work, and there's nothing to stop the Beaconer and Witness from being the same person.

If the goal is to enable renting out of WiFi, then the sensible thing is to make a system that automates payment in ETH/USDT/USDC/DAI/BTC/etc... Or to put it another way, use the money cryptocurrency that exists and works already. But no, that was never the point of this. The point of Helium is to mint and dump the shitcoin.