Project

Althea

💫 About

What is Althea Crypto?

Althea L1 is an application/platform-specific, permissionless, high-availability Cosmos SDK / hybrid EVM blockchain purpose built for infrastructure and internet connectivity. The Althea L1 blockchain is the backbone of the Althea Network platform, which enables growth for ISP or other infrastructure providers through a modular, open-access system featuring price-aware routing and peer-to-peer microtransactions. Althea Network removes the payment layer entirely and, thanks to Althea L1 blockchain, replaces it with a smart metering and routing system.

This enables existing internet or other infrastructure providers to economically expand their reach and offers new ISPs the ability to rapidly deploy new networks and ancillary infrastructure.

How can I mine Althea tokens?

Althea L1 is a Cosmos SDK/EVM hybrid blockchain, and therefore employs a PoS BFT (Proof of Stake Byzantine Fault Tolerant) consensus algorithm.

The token can be staked to earn staking rewards ($ALTHEA), as well as network traffic and routing commissions. Commission denominations/tokens will vary, depending on the piece of infrastructure that generated the commission.

How can I optimize my Althea mining rewards?

Althea L1 is a PoS (proof-of-stake) chain, so rewards are primarily optimized by compounding/re-staking rewards as they are earned.

How can I use the Althea network?

Althea L1 is offers dedicated blockspace and traffic-shaping for L2 networks and is built for network infrastructure. It is also hardware agnostic, supporting mobile phones, IoT, broadband and much more can run on Althea L1.

Althea L1 features plug-and-play open-source wallet and firmware enabling composable connectivity service and telecom networks can be easily deployed. UX designers can create UX for networked infrastructure and other new markets, earning continually, contract-secure revenue to fund your work. New and existing network operators can utilize Althea L1 to start or expand the reach of their network. Users of Althea Networks can earn revenue by providing infrastructure that expands the network footprint (see: pay-per-forward).

Althea DEX will offer users a space to swap various Althea L1 network tokens. Validation is permission less and thus users can secure the chain itself by maintaining a validator node.

Who governs this Althea network?

Development is lead by the Althea Foundation. Network governance is managed by the proposals and voting outcomes, as voted on by Althea token holders.