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info_docs_depin/docs/depin_specs/wireless_networks/althea.md
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Althea Detailed information about Althea 5

Althea

Overview

Althea is a decentralized wireless network that provides affordable internet access by allowing users to share their bandwidth with others. It uses blockchain technology to create a peer-to-peer internet marketplace.

Key Features

  • Currency: ALTH (Althea Token)
  • Buying Currency: Available on decentralized exchanges like Uniswap.
  • Utility:
    • Used for network transactions and incentivizing bandwidth sharing.
    • Staking rewards for network validators.
  • Automation:
    • Smart contracts automate bandwidth sharing and reward distribution.
  • Utility in the Project:
    • Users can earn ALTH by sharing their internet bandwidth.
    • Validators can stake ALTH to secure the network and earn rewards.
  • API: Yes, Althea provides an API for developers to integrate with their applications.
  • User Perspective:
    • Users can easily set up an Althea node to share bandwidth and earn rewards.

How It Works

  1. Step 1: Users set up an Althea node by installing the Althea software.
  2. Step 2: The node shares unused bandwidth with the network.
  3. Step 3: Users earn ALTH tokens based on the amount of bandwidth shared.

Staking

  • Staking Requirements: Minimum of 1,000 ALTH tokens to become a validator.
  • Rewards: Validators earn a percentage of transaction fees and block rewards.

Documentation

For detailed documentation, visit Althea Docs.

Additional Resources