[ANN] Etho Protocol - ETHO | POW | Masternode | ethoFS/IPFS

[bxxxGooDxxxd]

Add
"Ether-1 (ETHO)"
"Ether-1 (ETHO-SN)"
to TOP Masternodes (Rating) https://l2rx.com

People, we need to add coin in rating Masternodes.
Our coin: "№ 494 Ether-1" https://l2rx.com/add.php

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[ThePunisher49X]

How is the difficulty of this coin compared to eth classic?
They still mining blocks every 12.83 seconds like last week

[Impetritum]

Exciting update from the dev team:  Hello Ether-1 Community! I’d like to update everyone on what the development team has been and is working on. We have deployed an updated version of the web wallet and also deployed a fully functional version to our ethoFS system (for use & feedback on usability) which constitutes the first useable application via ethoFS (see links below). We are also in the middle of building a decentralized Ether-1 store which will also be deployed to ethoFS and initially allow you to purchase Ether-1 merch with your ETHO. The store template will eventually be deployable by anyone wishing to run an ecommerce-like website on ethoFS utilizing ETHO as the currency. We will also be looking for volunteers (MN owners) to help the dev team with an alpha phase deployment of the ethoFS network in early September.

Original Web Wallet: https://wallet.ether1.org/
ethoFS Deployed Web Wallet: https://wallet.ethofs.com/

ipfs resolve -r /ipns/wallet.ethofs.com/: could not resolve name

Here such writes

[ThePunisher49X]

Better to put Nvidia card on this than Amd?

Contemplating on either putting a 580 or a 1060 on this.

Cause testing showed it getting less per day then mining Eth or Etc.
Which is strange because it is ethash algo. 

[gbtroll99]

Hello everyone!

We have released an updated version of the Ether-1 Desktop Wallet for improved syncing.
You can download the windows installer from our website, Github release or link below.
Please report any bugs via the #wallet channel on Discord.

https://github.com/Ether1Project/Ether-1-Desktop-Wallet/releases/download/v0.1.0/Ether-1-Wallet-1.0.2-Windows-Installer.exe

[kelseydustin]

How many coins for MN collateral?

For masternode,need 15,000 coins.

[Lichmadun]

 The coin-real integration=scum.

[treehouse]

Here's an update from Cavhash, if you're a masternode owner and want to be involved in the alpha test, jump on Discord: 

Quick update to the beta testing for ethofs - we will be selecting participants later today!  The next step in the evolution of this fantastic project is upon us.

For reference - We will be selecting 10 participants to deploy an early version of the ethoFS set of binaries. The ethoFS system consists of 4 consensus based mechanisms that work in tandem to perform their various functions. The first is the normal Ether-1 POW consensus system which all nodes have been running since initial release. The second is a version of the IPFS consensus system for storage/file management. The third is a custom built consensus system to manage/propagate which content is stored on which nodes throughout the ethoFS node network facilitating a geo-strategic deployment of the content worldwide so the content can be delivered in an efficient manner to the end-user. The fourth is a consensus system for facilitating node network health and participation. Eventually we will go completely away from our current centralized node dashboard and all node health/verification will be done via consensus in a decentralized fashion. Participation will not be rewarded other than your normal daily masternode reward but we will guarantee reward payment even if your node goes down for any reason during Alpha participation (replacement rewards will be paid from development fund if a payment is missed). The Alpha period is solely meant to assist the development team with refining/debugging the ethoFS system so we can push the system closer to initial deployment capability. There is currently no set time period for Alpha and we will evaluate progress on an on-going basis until the system is ready to be pushed to Beta and beyond.

[treehouse]

For those of you interested in keeping tabs on the EthoFS Node deployment, you can see node and storage details here:  https://stats.ethofs.com  The alpha test group will be adding more nodes over the next few days. 

[alexkulbel]

ethoFS alpha deployment has officially begun!!

ethoFS is a decentralized content delivery/storage network based on the ipfs protocol powered by the Ether-1 Masternode/Service Node Network.

Track our progress at https://stats.ethofs.com

[Impetritum]

What is the difference ethoFS from Masternodes/Service Nodes ?
Also what it is necessary for start?

[luksbit]

Ether-1 isn't a fork, it's on it's own chain.  But it's easy mining right now, or you can pick some up on stocks.exchange.

Thanks for the reply, does Ether-1 also use ethash however modified ? I asked about the forks because the name of this project is very similar to Ethereum

[ThePunisher49X]

Ether-1 isn't a fork, it's on it's own chain.  But it's easy mining right now, or you can pick some up on stocks.exchange.

Thanks for the reply, does Ether-1 also use ethash however modified ? I asked about the forks because the name of this project is very similar to Ethereum

Kind of wondered why they named it like this too.
Ether-1 does make it sound like a fork of Ethereum.

So what is it exactly if not a fork of what its name comes off as?

[treehouse]

I should have clarified, it's not a fork off the original Ethereum chain, it's an Ethereum clone with it's own chain, but still technically a fork.  Ethereum and Ether-1 they share a lot of the same code, it is an Ethash coin similar to Pirl, Akroma, etc.  Ether-1 is different than other Ethereum based coins because it has implemented EthoFS (Their version of IPFS), they're alpha testing it now, but soon it will be rolled out to all the masternodes on the network.  Join their discord if you want more info, that's the best place to get questions answered if you want more details.

[treehouse]

What is the difference ethoFS from Masternodes/Service Nodes ?
Also what it is necessary for start?

You'll need 5k ETHO for Service Node and 15k ETHO for Masternode.  At current prices a Service Node will cost about $180, and the ROI is around 93%/year.  Masternode ROI is about 125%.

[ThePunisher49X]

What benefit is it for masternode/servicenode holders to participate in ethoFS once it is available to all whom are currently active?
Do they receive anything extra compared to the rewards given to just being a master/servicenode?

[treehouse]

Great question, honestly I'm not sure, but my impression is the node holders will receive a payment for their services in addition to the masternode reward.  Might be worth asking in their discord channel.

[treehouse]

Here is an update from the Devs, sounds like things are progressing nicely.

-------------

ethoFS Development Update:

We have successfully deployed 35 ethoFS nodes with a simple installation script between alpha users and the dev team to stress test and benchmark various aspects of the ethoFS system and the new MN consensus mechanisms that will be used to move to a completely decentralized version of the node dashboard. We are in the process of updating ethoFS for a second release to the alpha group with many updates to continue testing, and then begin testing the content upload front-end. Once we are comfortable with stability we will start to open it up to more community members to join the testing group.

What does the ethoFS system do?

ethoFS is our implementation of the ipfs protocol to manage/store/deliver decentralized content on-demand. By combining the Ether-1 blockchain and ipfs into ethoFS, we get a decentralized, immutable method of hosting and delivering all of this content.

How will we be decentralizing the node dashboard?

We have developed a brand new consensus mechanism using ethoFS that allows us to manage and verify node health and information in a decentralized fashion. In the future, you will be able to save your node information to a smart contract and ethoFS will take care of the rest!

How does ethoFS manage all of this information?

This is a complex question as storing/hosting information decentrally forces us to use other information storing methods in the place of a classical database. Here’s a quick example; if I am storing usernames and email addresses in a database for a user login system, it becomes very difficult to update and maintain this database of users when it is stored on a vast number of nodes across the ethoFS network as updating it locally would cause all of the information to be out of sync (this is a classic problem when dealing with immutable, decentralized data).

What do we replace databases with then?

There is a fairly new data type that is very cutting edge as it is only really natively applies to decentralized systems. CRDTs or Conflict-Free Replicated Data Types are the answer. Each node is responsible for making sure any updates to the data are checked/propagated to each peer to allow us to have a data type very similar to the classic database but is distributed across the entire node network and constantly kept in sync. We are developing custom ethoFS CRDTs in order to maintain all of the information we need about the nodes. When we start to allow more complex websites to be deployed to ethoFS these CRDTs are going to play a very important role in how information is stored and maintained.

How do we make sure any hosted content is on a live and available node?

This is another very important question as determining where and how the data will be made available directly affects the ability and time it takes to deliver this data to the end-user. We have built a custom content replication/propagation system in ethoFS using the ipfs content pinning method. Natively, ipfs allows for pinning of data on a local node to assure that it will always be available to any other node on the system that requests it.

What happens if the node with the pinned content goes offline?

If the content is only pinned to one or two nodes and those nodes goes offline or become unavailable, then the data would theoretically not be accessible across the network until either of the nodes are available again. The problem is a slightly more complex than this as there may be cached versions of the data on other nodes but this is the basic idea.(edited)
How does ethoFS fix this problem?

Using another one of our custom CRDTs we are able to make sure that any uploaded/hosted content is replicated and pinned to a custom defined range of nodes. Using the data we have gathered during alpha testing we have very strategically refined and set this replication factor to allow for content to always be available very quickly to the end-user. If one node with pinned content goes offline, the consensus system recognizes this and quickly replicates and pins this content to another available node.

Please feel free to ask any questions about the system and we will try to address.

[Sergey-Majner]

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[Akvilon111]

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Where is i can find total supply of coin Ether-1