Today we have some very exciting news, regarding the Ether-1 project as well as ethoFS since it quite a long announcement we've posted into Medium which is available here:
https://medium.com/@Ether1Official/xerom-decentralized-by-nature-c3ef0383d683.
The summarised version is as follows:
Ether-1 is all about decentralization, if a decentralized hosting platform is our goal, we should not centralize to one chain, with this in mind it brings me great Pleasure to announce Xerom ($XERO).
Xerom is a rapid development chain where node improvements (and other proposed changes) will be production tested before being rolled into Ether-1. Both chains will work with and support the global ethoFS network of redundant content delivery nodes. Xerom will be the first chain using our brand new decentralized node protocol.
Those who prefer carefully tested changes can watch Xerom to see how the new features are functioning and use Ether-1; those who prefer to live on the bleeding edge and have access to the latest features can use Xerom/XERO. To that end, it’s worth mentioning that Ether-1 will continue as the primary project.
We want to include all existing ETHO holders in the creation of XERO as valued stakeholders, users and decision makers, therefore we will be transferring all user held wallet ETHO balances to XERO at a 1-to-2 ratio. This means if you have 30,000 ETHO, you will receive 60,000 XERO.
Please direct any queries or questions you might have to @PROJECT MANAGER, we're extremely excited to hear everyone's feed back and in the Xerom discord available here:
https://discord.gg/ZVb5Man.
Before announcing this to the larger community we want to collect your feedback & make any necessary changes to better suit everyone. As these things are released they will be announced in the Xerom Discord.
Thank you for the continued support and we look forward to making a better ecosystem for all of us.
Xerom Timeline
Here’s the timeline of events leading to the creation of Xerom:
Ether-1 chain snapshot at an unannounced time on June 20, 2019; this is done to ensure there is no manipulation to the snapshot (make sure to have your ETHO balance in your wallets to be included in 1:2 airdrop, no exchange balances will be credited).
Xerom launch on June 28, 2019
Xerom Nodes Version 1.0 will be activated at block 200,000.
Xerom Nodes Version 2.0 will ship at a later time with various ethoFS decentralized node improvements as described in
https://medium.com/@Ether1Official/development-update-2019-05-29-ef11fe468465