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Althea

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Hey, we're Bridged to discord: https://discord.gg/6EKgJfT dev chat is bridged here https://matrix.to/#/!mtWPMupjiIWFGLImTm:matrix.org?via=matrix.org&via=tomesh.net&via=t2bot.io42 Servers

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24 Nov 2021
@_discord_226120601562120193:t2bot.ioElvisNunoIMG_3583.png
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15:31:06
@_discord_125227954098667520:t2bot.iomusnit#9371 changed their display name from musnit to musnit#9371.18:11:24
@_discord_477146895068823554:t2bot.ioDebSimpier | AltheaScreenshot_20211124-123712_Drive.jpg
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20:39:15
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea 2021 report numbers 20:40:21
@_discord_477146895068823554:t2bot.ioDebSimpier | Altheasignal-2021-11-24-12-24-00-591.png
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21:27:52
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea This is 4 hops deep in a fixed wireless network with Ubiquiti gear 21:27:53
@_discord_bot:t2bot.ioDiscord Bridge invited @_discord_513161063131381770:t2bot.iocoin goblin#0321.22:10:57
@_discord_513161063131381770:t2bot.iocoin goblin#0321 joined the room.22:10:57
@_discord_513161063131381770:t2bot.iocoin goblin#0321 Hello I’m from the helium network I’d like to talk to someone that can shill me lol 22:10:57
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea Hi coin goblin Welcome!
Althea empowered multi-entity networks across any network medium - fiber, wireless, lte in a multi-hop way. We are the platform for distributed infrastructure and empower a future where defi is easily accessed from your embedded blockchain wallet.
I generally don't think that shilling is really our "cup of tea" as the wide variety of our users and use cases speak for themselves. :)
22:46:28
25 Nov 2021
@_discord_814039840018268182:t2bot.ioAndrey1404#5735 changed their display name from Andrey1404 to Andrey1404#5735.09:10:34
@_discord_267031307945508864:t2bot.iojkilpatr (althea) the blockchain is focused on reliability. the transfers are just stablecoins, metaphorically imagine putting a quarter into your neighbors router as bandwidth is used. Nothing more or less complicated than that in terms of overall chain economics. There are transaction fees but that's it for the economics of the Althea chain. 12:50:26
@_discord_513161063131381770:t2bot.iocoin goblin#0321 Is there hardware I can deploy similar to a hotspot from HNT 14:59:42
@_discord_226120601562120193:t2bot.ioElvisNuno Happy thanksgiving everyone! 16:29:59
@sebass:matrix.org@sebass:matrix.org left the room.16:40:16
@_discord_811979920942301205:t2bot.ioEdmond#2023 changed their display name from Edmond to Edmond#2023.16:42:04
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea Helium essentially is a proof of hardware license - you buy a box that transmits and earn rewards in their token. Rewards then vary based on where you are located (iirc they use the Uber hexagons). The key being you earn rewards of a token for just having a box on a shelf - it doesn't have to be useful.

Althea is firmware for routers, but this firmware meters, performs routing weighted by user choice of latency, and pays for participating in either forwarding bandwidth IN a network or performing customer service and maintenance. The key difference being that Althea is the platform for payments to move around - someone is paying in and Althea routes and settles that payment.
17:28:42
@praeluceo:matrix.orgpraeluceoHappy Thanksgiving! 17:31:23
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea Althea is a much more expansive vision - a platform underlying all the internet, empowering multi-entity ownership and user choice of connectivity. By decoupling the service layers from the infrastructure of networks, we can open up new ways of investing and building networks that mitigate demand risk and distribute capex.
It's also a portal to financial empowerment - each home and device instance is a blockchain wallet with access to a decentralized blockchain bridge between ethereum and Cosmos chains.
17:33:25
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea And happy Thanksgiving! I'm thankful for our awesome Althea community! 17:34:27
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea * Althea is a much more expansive vision - a platform underlying all the internet, empowering multi-entity ownership and user choice of connectivity. By decoupling the service layers from the infrastructure of networks, we can open up new ways of investing and building networks that mitigate demand risk and distribute capex.
It's also a portal to financial empowerment - each home and device instance is a blockchain wallet with access to a decentralized blockchain bridge between ethereum and Cosmos chains.
17:35:19
@_discord_513161063131381770:t2bot.iocoin goblin#0321 Proof of coverage 18:44:32
@_discord_876908960563724288:t2bot.iosatchel#7393 Hi I got lost describing that each device is a blockchain wallet and solves for providing easier access to defi.

Without a router, can’t people still participate in defi with their wallets already through exchanges or MetaMask?

I am trying to follow I guess also the earlier thread about the helium spots earn without doing anything. Is that a requirement to build the network first….?

Or is this different since the owner of the router is also using Althea isp foe their own use?
#thanks!
18:59:34
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea Right, but proof of coverage had been susceptible to sybil, so hardware licenses were implemented. So, while rewards still may be variable, the proof is in the license.

From helium github - HIP0019
"There are well-known attack vectors for cheating in the network, constrained only by the cost and difficulty of acquiring swarm_keys via authorized resellers."

https://twitter.com/JTremback/status/1394150762062614529?t=hPH77lJw9oOE6GEKKf1-Tg&s=19
19:08:43
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea Yep, people could put their private keys from an Althea router wallet into other wallet software.
When bringing financial empowerment and access to defi to a general audience, I'm inspired by the successful integration of telco & financial services in platforms like M-Pesa.
19:15:18
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea Regarding the question about building a network first.
Althea is the software for building connectivity networks or for extending existing ones. So, an Althea home router, connected to wholesale middle mile or as part of an Althea network, can extend the network by hosting extra connected antennas, and earn a per GB revenue.
19:30:19
@_discord_477146895068823554:t2bot.ioDebSimpier | Althea Because this relay is earning part of the revenue from the network, we sometimes refer to it as a "revenue share".
Although in the technical sense that router is collecting a per GB fee for the bandwidth it forwarded in a peer-to-peer way, the concept of revenue share may be an easier way to conceptualize how money moves in an Althea network.
19:37:18
@_discord_876908960563724288:t2bot.iosatchel#7393 Ah that’s what I thought. Plugging into middle mile versus helium needed a new network altogether. So people are incentivized not as the first user. Only for subsequent users in the network. 22:35:29
@_discord_876908960563724288:t2bot.iosatchel#7393 Yep I see. Solving for the congestion problem seems key. I am designing a decentralized serverless server so that jobs can be run and owners revenue share on the cloud spend. But from a design perspective they will need to have reasonable good and fast connections. 22:37:18
26 Nov 2021
@_discord_bot:t2bot.ioDiscord Bridge invited @_discord_831142224871817236:t2bot.iosugarufc#8033.09:36:36

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