Cosmostation Adds Support to Global Decentralized ISP Platform, Althea.

The decentralized physical infrastructure network(DePin) focused on the internet service provider(ISP) platform, Althea just launched a Cosmos-SDK based L1 blockchain.

Gorany

Published in

Cosmostation

2 min readApr 26, 2024

Althea - DePin, ISP, Cosmos

Althea is a decentralized platform aimed at redefining internet service provision by enabling users to buy and sell bandwidth within a community-run ISP model. This approach contrasts with traditional, centralized ISPs by offering an alternative that focuses on direct bandwidth transactions, which could help improve internet access in underserved regions. Althea’s method also allows users some degree of choice in their internet service based on cost and connectivity quality.

The platform has just launched its Layer 1 blockchain to support its ecosystem, and Cosmostation is happy to announce our support for Althea.

$ALTHEA

Althea as a protocol had started from Ethereum network and migrated to Gnosis for cheaper transaction fees. However, the team wanted faster finality and greater room for customization. Hence Althea is now migrating its service to their new Cosmos-SDK based L1 blockchain secured by validators like Cosmostation.

Althea’s native coin $ALTHEA stakers will be rewarded with stablecoin from transaction fees and $ALTHEA coin from inflation. $ALTHEA holders can stake the coin with Cosmostation to help secure the network and earn staking rewards in return.

Mintscan — Althea Explorer

Mintscan is a one-stop shop for all the Cosmos-SDK based blockchain infrastructure needs. On Mintscan, Althea users can search onchain transactions, blocks, account details, validator details, governance proposals, onchain data analytics, and onchain asset trends.

Cosmostation/Mintscan Wallet

Mintscan offers a wallet service on top of a block explorer service. Via Cosmostation Chrome extension wallet, you can connect your account to Mintscan and interact with the network.

You can stake, unstake, or restake your $ALTHEA to an Althea validator from Mintscan’s validator details page or wallet page. On the validator details page, you can learn a lot about your choice of validator before making your delegation. Mintscan’s wallet page provides concise information about validators such as staking APR and voting power.

After staking comes Althea onchain governance participation rights. $Althea stakers can vote on any live Althea onchain governance proposals to exercise their rights. The voting action can be processed on Mintscan’s proposal details page or the wallet page.

About Cosmostation & Mintscan

Cosmostation is a Althea genesis validator and a key player in the Cosmos ecosystem, providing invaluable infrastructure legos essential for scaling and onboarding users onto blockchain networks. Through Mintscan, Cosmostation continues to drive the ethos of transparency and user-centric design, fostering a more insightful interaction with blockchain data across various networks. At Cosmostation, we bootstrap networks and onboard end-users.

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