The Etho Protocol
İntroduction
All aspects of the project are intended to be decentralized and therefore,
no single person or organization should be able to control its direction.Etho Protocol had no ICOs or pre-sales, no coins or any pre-mining.Other methods of obtaining tokens before mainnet launch.Created document to outline your vision and direction for this project and intended to be read from the website and in conjunction with other information available.
Explanation
Etho Protocol is decentralized storage.The Etho Protocol aims to completely disrupt how information is.Share and control over the internet they aim to decentralize them all. It is a decentralized network and was created using the ethereum fork.
it becomes EVM compliant directly, which means any possible application or robustness contract. Deployed on ethereum, you can deploy using etho protocol and get an added advantage.You can store decentralized data in a larger network structure for immutability. The consensus mechanism is Ethash POW, and the network is local currency is ETHO. This currency will both offer an incentive to contribute publicly consensus mechanism as well as promoting the deployment and operation of collateralized nodes provides computing and storage resources to the network. Each node distributed in the network contributes resources to decentralized storage. They provide security by maintaining the network and network state through the blockchain. Every block mined by Ethash POW miners, they say, will thus encourage and facilitate the growth of the network.
Etho Protocol nodes are the backbone of the network. There are two main node categories; contributing mining nodes and nodes storage/bandwidth resources to the network. Both types of nodes receive rewards for their network contributions. Collateralized nodes ensure blockchain security, manage decentralized data/storage and provide democratized control the network is open to anyone who chooses to join and deploy a node each of these nodes for their contribution to the Network rewards a portion of the block reward along with a reward for Between 2018–19, they have completed mainnet deployment, node system, infrastructure, developed. They have reached 3000 Community members. 2019–20 Decentralized Storage Network Deployment. 2020 Decentralized Governance Council Takes Project Control Decentralized Uploads Fully Enabled.
2021–22
Wider IPFS Network Integration Allows NFT Marketplaces to Utilize Etho Protocol
Onboarding of Multiple New Services Utilizing Etho Protocol
2022–25
Etho Protocol to Become the Premier Network Used For Decentralized Storage and NFT & Defi Application Deployments
Expiration
They have identified the problem plaguing our society and this project aims to directly address and solve this problem. They argue that they have a great team, leveraging existing and new technologies and power, with public consensus arguing that they will not only change their own way but store and access data, but fundamentally change how that data is used and made usable.
*Can Etho Protocol replace ethereum?*
Although the eip1559 update has come due to the fee fees of the Ethereum network, there has not been a decrease in the transfer fees yet.
For these reasons, many investors started to turn to other projects in the ethereum network, networks such as bnb and solana. However, the supply and circulation of many projects that offer completely decentralized storage is very high. That’s why I believe etho with limited supply will become a very attractive investment. Moreover, on September 27, 2021, they will implement all existing forks in the ethereum network. This will be the biggest hardfork in etho history (ATLAS HARDFORK).
Why etho matters?
The etho team decided to be listed on a major exchange such as masternode, mining, web wallet, transparent team, decentralized storage and kucoin at the beginning of the road, this project shows that it is very high quality. The team is very forward thinking and reliable. Even the daily volume on the Kucoin exchange is pretty good.
*WHAT IS ATLASHARDFORK?*
The hard fork includes many upstream Ethereum updates to keep the Etho Protocol blockchain 100% EVM (Ethereum Virtual Machine) compliant and compatible. Constantinople, Petersburg, Istanbul & Muir Glacier Ethereum forks/updates will now all be included in the Etho Protocol codebase and blockchain.
What is Included in the Hard Fork?*
The hard fork includes many upstream Ethereum updates to keep the Etho Protocol blockchain 100% EVM (Ethereum Virtual Machine) compliant and compatible. Constantinople, Petersburg, Istanbul & Muir Glacier Ethereum forks/updates will now all be included in the Etho Protocol codebase and blockchain.
Constantinople & Petersburg
The following upstream Ethereum EIPs are included in Atlas:
EIP 145: Developed by two ethereum developers, Alex Beregszaszi and Pawel Bylica which introduces a native ‘bitwise shifting’ that can run through bytecode at a cost which is similar to other arithmetic operations.
EIP 1052: Offers a means of optimized large-scale code execution on ethereum. This will allow only the compressed code containing essential contract data is checked, as opposed to the whole code. This was authored by Nick Johnson and Bylica.
EIP 1283: This EIP is based on EIP 1087 which was again written by Nick Johnson. This EIP helps in reducing the amount of gas developers need to pay to run and execute their smart contracts by cutting off excessive and unnecessary gas usage.
EIP 1014: This EIP was created by Vitalik Buterin himself. This will basically help Ethereum to leverage state channels to enable them to communicate with off-chain addresses. This will help in the scalability of the entire system.
Istanbul
EIP-152: Adds the ability to verify the Equihash PoW within an ethereum contract. This will enable a relay and atomic-swap transactions between Zcash.
EIP-1108: Makes zk-SNARKs cheaper, allowing for cheaper scaling and privacy applications to be built. See Matter labs, Aztec, Rollup and Zether for examples.
EIP-1344: Adds a way for contracts to track the correct chain. To be used by contracts, especially those used by layer 2 (state channels, plasma), to follow the correct layer 1 chain, especially during a hard fork.
EIP-1884: Changes the cost of some EVM opcodes to prevent spamming attacks and to balance blocks better. The amount that must be paid for each operation in ethereum usually matches the computation required for that operation. This change increases some costs of some opcodes that are computationally intensive but currently cheap.
EIP-2028: Makes zk-SNARKs and zk-STARKs cheaper by reducing the cost of calling data within transactions. This will make layer 2 solutions able to increase throughput.
EIP-2200: Changes the calculation of cost of storage in the EVM and will enable contracts to introduce new functions including re-entry locks and same-contract multi-send.
Muir Glacier
This hard fork was implemented to remove the Ethereum difficulty bomb on the Ethereum network. Etho Protocol had previously delayed the difficulty bomb until well into the future but with the Atlas upgrade it has been removed entirely.
*What does Etho maximum supply mean? / Why is the rise expected?*
Etho maximum supply capped at 68m. As you know, the supply and circulation of all projects whose motto is decentralized storage is very high. and these projects often do not provide maximum supply. Examine all projects with limited supply, 80% of which are traded on major stock exchanges and provide profit to their investors. This is why the etho team gives great confidence to both its investors and new entrants by limiting the supply. The first thing in a project is the usage area. Second, trust the team. Etho project ipfs will be released after September 27 and infrastructure doors will be opened for many projects. In this way, it is aimed to create a high usage area. Many traders write that they have goals above $50. You can find more details at the links below.
SOCIAL
Twitter: https://twitter.com/Ether1Official
Instagram: https://instagram.com/ether1official
Facebook: https://facebook.com/Ether1Project
Medium: https://medium.com/@Ether1Official
YouTube: https://youtube.com/c/ether1
Reddit: https://old.reddit.com/r/etho1
Telegram: https://t.me/Ether_1
Telegram Announcements: https://t.me/Ether1News
Official Email: admin@ether1.org
