Stories about Decentralization.
5 postsNetEquity Networks and Althea Networks have entered into a strategic partnership to finance, build and operate last-mile broadband networks. Our first project will be in rural Nebraska where we will leverage the fiber optic network owned by OPTK Networks (“OPTK”).
Up to now, we've been running our networks on the Ethereum blockchain. The reality is that Ethereum simply isn't suitable for our use case. Ethereum's great for manual, medium or high value, sophisticated transactions...
Althea has taken the same base software ISPs use and applied some modern advancements. In short we've stacked our advantages and minimized our overhead to such a degree that we come out even with centralized ISP performance.
We were so busy building and growing I think we missed an update in February! We now have 23 users in Clatskanie [https://blog.althea.org/tales-from-the-field/], and several relays (a relay is a node that has a connecting antenna and an antenna that broadcasts to neighbors – relays make money by forwarding bandwidth). People in Clatskanie are now paying for their internet by loading Ethereum on to their routers [http://www.althea.org/top-up] using the Coinbase mobile app with a debit card and
Me and Deborah Simpier were just talking about the role of decentralized node-to-node payments vs “federated” subnet DAO payments in…
