Topic: [ANN] Etho Protocol - ETHO | POW | Masternode | ethoFS/IPFS - page 12. (Read 34515 times)

The OP is telling little or nothing about the reason to be of this coin, moreover what has Ether to do with that? Probably nothing, in which case it is silly to create confusion by using the same name.

Here's the latest news on the ethoFS development:

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A quick update for everyone.  The ethofs alpha group got the go ahead last night to start the update for version 2 of the gateway node setup.  Users have been completing the update without issue and we now have node providing over 1.5 TB of storage space available to the content delivery network.  Testing will continue over the next few weeks to ensure full functionality.  Keep checking in with us as our future announcements regarding ethofs development!

I think because etho is still a small project with not too much advertising.
Found this tweet about it that should clear things up for some who are seeking for some information about it
https://twitter.com/Primate411/status/1048044395793174529

Not my tweet BTW.

Yes! You are right. Someone wins this giveaway. but only 80 retw now...

20 ETHO.  What's better than cheap ETHO?  Free ETHO.

Sweet treehouse!
How much are they giving away for this twitter giveaway?

There's an ETHO giveaway on Twitter, get after it!  https://twitter.com/Ether1Official/status/1047497826287202305

Welcome all miners to the Ether1 mining pool

http://ether1.5la.net/

The server located in Singapore.

News from Devs!

everyone! I want to remind everyone of the upcoming Ether-1 fork (at block 1 million) that will start the block reward reduction schedule.
If you are running a pool, solo mining or running your own node and have not upgraded yet to the latest binary please goto

https://github.com/Ether1Project/Ether1/releases and download V4.

All desktop wallets have been upgraded automatically and masternodes/service nodes are already running the update.

It will be just under 85,000,000 coins.

https://ether1.org/monetarypolicy.html

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

Hi! 

Welcome to mining pool for Ether-1 (ETHO):
http://pool.baikalmine.com/

PPLNS fee 0.5%
SOLO fee 1%

Thanks!

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

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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.

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.

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?

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%.

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.

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?

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