Althea

 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."

Audits & Exploits

• Bug bounty program can be found [insert here].

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:

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."

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].

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].

Funding

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