Nebulas - Short, understandable rundown

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  • Nebulas is a 3.0 platform blockchain, with integrated blockchain search functions.

  • Devs have smart contracts, no scaling worries, massive array of tools & options

  • Similar to how google indexes webpages Nebulas will index blockchain projects, smart contracts & data.

  • Nebulas rank algorithm sifts & sorts the data.

  • Developers rewarded NAS to develop & deploy on NAS chain.

  • Nebulas calls this developer incentive protocol – basically rewards are issued based on how often contract is used, the more the better the rewards

  • Nebulas Force means no need for hard forks. A flexible base means that updates are easily applied, buggy contracts will be repairable without need for token migration

  • Proof of devotion. Works like DPoS except the best, most economically incentive's developers (Bookkeepers) get the forging spots. Ensuring brains stay with the project (Cross between PoI & PoS)

  • Create your own search engine & services; will initially be used to assist Nebulas search engine. Rewards in NAS

  • Quantum resistant

  • Lightening Network is used to handle transactions

  • Working on & hope to market the first crypto Wallet that supports the Lightening Network

  • Team founded Antshares, worked on Neo, one in particular was Alibaba's CTO who developed & implemented their blockchain

  • IDE for smart contracts, block browser, plugins for popular IDEs, debugger, simulator, formal verification tool for smart contracts, background SDKs for advanced languages, & SDKs for mobile ends.

  • NAS token is used as a sort of gas for smart contracts, a currency & proof of devotion & DIP rewards.

  • CORRECTION - Testnet is currently live! Mainnet in Q1 of 2018

Stock up.

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Nebulas - Short, understandable rundown | Ecency