Difference between revisions of "Althea"

Latest revision as of 05:12, 11 April 2022

Basics

Started in:
Mainnet release:
Based in:
From this article (28-5-2020):

"Making the internet decentralized, that is what Althea, a system that lets routers pay each other for bandwidth, aims for. Traditional internet networks use ISPs that are used to own all the routers and networking hardware. If you’d want to start your internet provider, you would have to compete with these giant ISPs, which is almost impossible.

Althea supports the creation of new networks built by and for communities and powered by routers that pay each other for bandwidth. Doing so allows people to set up “decentralized ISPs” in their communities. With these, they can easily manage and grow them."

History

Audits & Exploits

Bug bounty program can be found [insert here].

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token allocation

Utility

Token Details

Stablecoin

Technology

Whitepaper or docs can be found [insert here].
Code can be viewed [insert here].

Implementations

Built on: Tendermint
Programming language used:

Transaction Details

Capacity (TPS):
Latency:

How it works

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Co-created the Gravity Bridge (8-2021).
From this blog (29-6-2020):

"Althea will receive funding from ICF to productionize Peggy, the software that enables Ethereum peg zones. The team will focus on building the Cosmos SDK application for moving assets on and off Ethereum Virtual Machine (EVM) based Proof of Work chains. Peggy will enable an anti-fragile array of interchain routes with certain features and security assumptions being operated by various entities."

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Gravity Bridge

From their blog (26-8-2021):

"It all started with a Cosmos whitepaper written in 2016, which envisioned an Ethereum Peg-zone as a stand-alone bridge blockchain. The Cosmos ecosystem values many sovereign chains, interconnected through Inter Blockchain Communication. Based on this whitepaper, what would become the Sifchain team, began work on “Peggy” — an Ethereum to Cosmos bridge.

In 2020, a distributed bandwidth platform called Althea started looking into how they could build a bridge between Ethereum and Cosmos chains. They needed stablecoins for their distributed bandwidth network, and they needed them on a sovereign chain to ensure telecom level reliability. Althea created its own design called the Gravity bridge — an Ethereum to Cosmos bridge that focused on simplicity and decentralization. This design had clear value beyond just Althea’s bandwidth network and soon garnered interest from other teams looking for access to Ethereum.

In 2020, Althea and the Iqlusion team partnered to form Peggy JV and together brought funding and development resources to the project. Peggy JV has now evolved to use the bridge software on the Sommelier blockchain, a Cosmos DeFi project."

Roadmap

Can be found [Insert link here].

Usage

Projects that use or built on it

Pros and Cons

Pros

Cons

Competition

Coin Distribution

Team, Funding, Partnerships, etc.

Team

Full team can be found [here].

Funding

Got a grant from the Interchain Foundation (Cosmos) (29-6-2020).

Partners

@@ Line 4: / Line 4: @@
 * Based in:
 * From this [https://medium.com/stakin/dapps-and-blockchains-built-on-the-cosmos-ecosystem-31731494570b article] (28-5-2020):
-''"Making the internet [[decentralized]], that is what [https://althea.net/ Althea], a system that lets routers pay each other for bandwidth, aims for. Traditional internet networks use ISPs that are used to own all the routers and networking hardware. If you’d want to start your internet provider, you would have to compete with these giant ISPs, which is almost impossible.''
+''"Making the internet [[decentralized]], that is what [https://althea.net/ Althea], a system that lets routers pay each other for [[bandwidth]], aims for. Traditional internet networks use ISPs that are used to own all the routers and networking hardware. If you’d want to start your internet provider, you would have to compete with these giant ISPs, which is almost impossible.''
 ''Althea supports the creation of new networks built by and for communities and powered by routers that pay each other for bandwidth. Doing so allows people to set up “decentralized ISPs” in their communities. With these, they can easily manage and grow them."''
 == History ==
+==Audits & Exploits==
+*[[Bug bounty]] program can be found [insert here].
+===Bugs/Exploits===
+==Governance==
+===Admin Keys===
+=== DAO===
+===Treasury===
 == Token ==
 === Launch ===
@@ Line 15: / Line 22: @@
 === Token Details ===
 === Stablecoin ===
-== Tech ==
+==Technology==
-* [[Whitepaper]] can be found [insert here].
+*[[Whitepaper]] or docs can be found [insert here].
-* Code can be viewed [insert here].
+*Code can be viewed [insert here].
-* Built on: [[Tendermint]]
+===Implementations===
-* Programming language used:
+*Built on: [[Tendermint]]
-=== Transaction Details ===
+*Programming language used:
-* Capacity ([[TPS]]):
+====Transaction Details====
-* [[Latency]]:
+*Capacity ([[TPS]]):
-=== How it works ===
+*[[Latency]]:
-=== Mining ===
+===How it works ===
-=== Staking ===
+===Fees===
-=== Different Implementations ===
+===Upgrades===
-=== Interoperability ===
+===Staking ===
-* From this [https://medium.com/@interchain_io/expansion-of-the-cosmos-ff2447c25e5 blog] (29-6-2020):
+====Validator Stats====
-"[https://althea.net/about ''Althea'']'' will receive funding from ICF to productionize [https://github.com/cosmos/peggy Peggy], the software that enables [[Ethereum]] peg zones. The team will focus on building the Cosmos SDK application for moving assets on and off Ethereum Virtual Machine (EVM) based [[Proof of Work]] chains. Peggy will enable an anti-fragile array of interchain routes with certain features and security assumptions being operated by various entities."''
+===Liquidity Mining===
+===Scaling===
+===Interoperability===
+*[https://www.gravitybridge.net/post/the-genesis-of-gravity-bridge Co-created] the [[Gravity Bridge]] (8-2021).
+*From this [https://medium.com/@interchain_io/expansion-of-the-cosmos-ff2447c25e5 blog] (29-6-2020):
+"[https://althea.net/about ''Althea'']'' will receive funding from ICF to productionize [https://github.com/cosmos/peggy Peggy], the software that enables [[Ethereum]] peg zones. The team will focus on building the Cosmos SDK application for moving assets on and off Ethereum [[Virtual Machine]] (EVM) based [[Proof of Work]] chains. Peggy will enable an anti-fragile array of [[interchain]] routes with certain features and security assumptions being operated by various entities."''
+===Other Details===
+==Oracle Method==
+==Privacy Method==
+== Compliance==
+==Their Other Projects==
-=== Other Details ===
+=== Gravity Bridge ===
-== Privacy Method being used ==
-== Oracle Method being used ==
+* From their [https://www.gravitybridge.net/post/the-genesis-of-gravity-bridge blog] (26-8-2021):
-== Their Other Projects ==
-=== DEX ===
+''"It all started with a [[Cosmos (ATOM)|Cosmos]] [[whitepaper]] written in 2016, which envisioned an [[Ethereum (ETH)|Ethereum]] Peg-zone as a stand-alone [[bridge]] [[blockchain]]. The Cosmos ecosystem values [[MANY|many]] sovereign chains, interconnected through Inter Blockchain Communication. Based on this whitepaper, what would become the [[Sifchain (ROWAN)|Sifchain]] team, began work on “Peggy” — an Ethereum to Cosmos bridge.''
-== Governance ==
-=== DAO ===
+''In 2020, a [[distributed]] bandwidth platform called Althea started looking into how they could build a bridge between Ethereum and Cosmos chains. They needed [[stablecoins]] for their distributed bandwidth network, and they needed them on a sovereign chain to ensure telecom level reliability. Althea created its own design called the [[Gravity]] bridge — an Ethereum to Cosmos bridge that focused on [[simplicity]] and [[Decentralized|decentralization]]. This design had clear value beyond just Althea’s bandwidth network and soon garnered interest from other teams looking for access to Ethereum.''
-== Upgrades ==
-== Roadmap ==
+''In 2020, Althea and the [[Iqlusion]] team partnered to form Peggy JV and together brought funding and development resources to the project. Peggy JV has now evolved to use the bridge software on the [[Sommelier]] blockchain, a Cosmos [[Decentralized Finance (DeFi)|DeFi]] project."''
-* Can be found [Insert link here].
-== Audits ==
+==Roadmap==
-* [[Bug bounty]] program can be found [insert here].
+*Can be found [Insert [[LINK|link]] here].
-=== Bugs ===
+==Usage==
-== Usage ==
+===Projects that use or built on it===
-=== Projects that use or built on it ===
 == Pros and Cons ==
 === Pros ===
@@ Line 55: / Line 71: @@
 * Full team can be found [here].
 === Funding ===
-* [https://medium.com/@interchain_io/expansion-of-the-cosmos-ff2447c25e5 Got a grant] from the Interchain Foundation ([[Cosmos]]) (29-6-2020).
+* [https://medium.com/@interchain_io/expansion-of-the-cosmos-ff2447c25e5 Got a grant] from the Interchain [[Foundation]] ([[Cosmos]]) (29-6-2020).
 === Partners ===
 [[Category:Coins/Tokens]]