Ether-1 is a content delivery platform. It works as a streamlined, decentralized development and content hosting platform to provide users with the ownership of their personal virtual data, instead of being controlled by the major social media platforms. At Ether-1, users are able to sell/buy virtual data using the platform native token, the ETHO.
The ETHER-1 (ETHO) coin is a PoW (Proof of Work) cryptocurrency that uses the Ethash algorithm. It will be the medium through which users are able to exchange value between them when using the platform as well as to access the available services. Ether-1 has two types of nodes, masternodes require 15,000 ETHO, service nodes require 5,000 ETHO. Masternodes are the backbone of the EthoFS platform. Setting up an Ether-1 masternode/service node usually takes 20-30 minutes. The install is largely automated, and the process is clearly documented. First time Linux users are usually able to complete the install without issues, join our Discord channel if you have questions. ETHO funds do not live on the VPS, they remain in your control. Because we are supported by Ledger, masternode collateral can be staked on a Nano S.
Click here for Masternode stats from masternodes.online.