Community Network Featured Althea in 2020 2020 has been a banner year for Althea. With enormous progress and a forward looking future.
Peggy Peggy Dev update #3 Crossing the bridge: Ethereum -> Cosmos on Rinkeby! This Saturday we hosted Peggy BrokenNet #1. Over the course of our rapid 4 hour test we 1. Successfully deployed a 10 validator Cosmos blockchain with the Althea-Peggy Cosmos module 2. Successfully deployed the Peggy Ethereum contract [https://rinkeby.etherscan.io/
Peggy Building Infrastructure Collaboratively Althea is excited to announce a partnership with Iqlusion and several Cosmos projects to form a new collaboration focused on the development of bridges, tools, and infrastructure for blockchain projects.
Peggy Contributing to Althea Peggy Good projects are built on good tooling. In the case of the Peggy Cosmos <-> Ethereum bridge developer tooling is a particularly complex problem. If you want to test Peggy end to end you need to build and deploy a full software stack for two different blockchains. For
Blockchain Featured Peggy dev update #1: 75% of the cost of your transfer across the bridge is a simple state update in an ERC20 contract. We manage to fit all the hashing and verifications for 125 signatures into 25% of the cost!
Blockchain DeFi enabled Ethereum bridge for Cosmos DeFi investment is just another set of rules and automation for the bridge. Not a giant leap in technology, but instead, of perspective.