Ether-1 is an Ethereum based blockchain that integrates PoW and a two tier masternode system to secure the network. Ether-1 uses the collective power of hundreds of masternodes to power ethoFS, a fully decentralized hosting platform that uses the combination of a blockchain indexing system and the IPFS protocol to deliver decentralized content on-demand.
Users can interface with the ethoFS network through variety of ways, including an innovative instantaneous browser based node, allowing them to drag and drop content they wish to deploy and index on the blockchain. The browser based node automatically uploads and replicates the content to the entire network.
The ethoFS system is a fully functioning website hosting solution utilizing the node network for storage and bandwidth. Masternode owners are paid through a block reward, and receive a share of the profit generated by hosting fees, an innovative way for node owners to take ownership in providing network functinality and security.