The Ether-1 Project

Imagine a world where social media content was completely held in the public domain and was 100% immutable. Imagine a voting system that was completely un-hackable and run with complete transparency. Imagine a version of the internet where the Googles, Facebooks and Amazons didn’t control a majority of all web content and traffic flow. The idea of a completely decentralized, democratized web is not only a utopian dream but now achievable. Our project aims to bring all this together by providing a streamlined, completely decentralized development and content hosting platform that is usable by anyone.

Ether-1 Network Specifications

We will be using a fork (using the same code-base, but different ledger/chain) of the Ethereum protocol to base our network on. The network will use the popular Ethash proof-of work algorithm for consensus generation and will evolve with any up-stream Ethereum protocol changes as we see fit. The backbone of the consensus and economic systems will operate upon our tradeable currency. This currency will offer the incentive to both publicly contribute to the consensus mechanism along with incentivizing people to operate their own masternodes. It will also power the DNS-like data hosting mechanism keeping the entire system based completely on public consensus

  • Algorithm : Ethash
  • Target Block Time : 13 Sec
  • Total Block Reward : 13 ETHO
  • Miner Reward : 10 ETHO / Block
  • Masternode Reward : 2 ETHO / Block
  • Ether-1 Treasury Deposit : 1 ETHO / Block
  • Network ID : 1313114
  • RPC Server : rpc.ether1.org








Updated Ether-1 Monetary Policy

Ether-1 ETHO Masternodes & Service Nodes

The Ether-1 Node Network

Masternodes will offer our network a greater level of computational power, storage and data accessibility which are all critical to a network like this. Network decentralization is critical to data and informational security and masternodes are a very useful protocol to give us these things. We will offer an incentive to anyone who chooses to reliably operate a masternode of sufficient size and bandwidth in return for adding this reliability and network decentralization.

Masternodes:

Required Stake: 15,000 ETHO

Primary function is network decentralization, secondary function is providing storage capacity to the decentralized hosting network. They will have a substantially higher staking requirement and higher reward than Service Nodes

Service Nodes:

Required Stake: 5,000 ETHO

Primary function is to provide storage/bandwidth to the decentralized hosting network. They will have a lower staking requirement and will have a lower reward than Masternodes.

The Ether-1 Project Timeline

The Ether-1 team is working very hard to make/beat each of these agressive goals. We will try to keep this roadmap as up to date as possible the Ether-1 network & community evolves.
01

APRIL 2018 (COMPLETE)

Website/Branding

Initial website completed prior to mainnet release.

Ether-1 Block Explorer

Ether-1 Web Wallet

Network Statistics Viewer

02

MAY 2018 (COMPLETE)

Ether-1 Mining Pools

Mining Pool(s) Ready For Mainnet Launch

Additional Mining Pools To Be Added

03

JUNE 2018 (ON-GOING)

Exchange Listings

Exchanges To Be Preliminarily Targeted:

stocks.exchange (Currently Listed)

MapleChange (Currently Listed)

Cryptopia

Larger Exchanges as Community Evolves

04

JULY-AUGUST 2018 (IN PROGRESS)

Masternode Deployment

Two Different Masternode Versions To Be Released (Currently Deployed)

Primary Node With Higher Staking Entry Point & Higher Reward

Secondary Node With Lower Staking Entry Point & Lower Reward

Primary Node To Support More Infrastructure/Bandwidth Than Secondary

Beta testing for Masternodes will begin in July with full implementation of both node types by end of August

05

Q4 2018 (IN DEVELOPMENT)

Decentralized Hosting Solution Deployment

Beta Release To Be Basic Decentralized Public Forum as Demo/Use Case

Comprehensive Decentralized Hosting Front End

06

Q1 2019

Top-Level Domain Name Deployment

Masternode Network To Support All Data/Bandwidth Requirements

Custom Top-Level Domain To Easily Identify Websites On Decentralized Node Network