Today, there are hundreds of distributed applications (DApps) based on Ethereum. This number will grow into the thousands and then the tens of thousands. With all of these DApps, there lacks an efficient search engine for blockchain applications and smart contracts. This is an enormous problem for users not being able to search and find the right DApps. This severe limitation is holding back the blockchain industry, much like the Internet before Google.
With these challenges, there needs to be a self-evolving blockchain system based on value incentive. One platform that is addressing these challenges is Nebulas (NAS).
Nebulas (NAS) is an open source public chain, capable of supporting all functions offered by Ethereum, including decentralized apps, token-issuing, and smart contracts. Nebulas also features innovative core technologies:
- Nebulas Rank (NR) will help users find information in the blockchain universe and investors make informed investment decisions on projects.
- Nebulas Force (NF) will help developers and communities initiate projects and issue assets with less friction and more control.
- Developer Incentive Protocol (DIF) will reward developers who contribute to the ecosystem.
The Nebulas mainnet launched on March 30, 2018. To foster a sustainable and healthy ecosystem, the Nebulas team is committed to encouraging more developers to continue to build more and higher quality decentralized applications (DApps) on the Nebulas mainnet. The Nebulas team has established a “Nebulas Incentive Foundation” funded on a daily basis by NAS tokens derived from DPoS bookkeeping.
With this incentive plan, Nebulas hopes to find and nurture the future champions of blockchain development — those special developers who will lead and inspire in this transformative technology shift. Nebulas selects outstanding DApps according to its algorithm. By encouraging developers to create on Nebulas, all parties contribute to the overall development of blockchain, and every participant in the Nebulas ecosystem is given the opportunity to benefit for the long term.
The Nebula 1.0 Eagle Nebula mainnet has all the features of Ethereum and surpasses the second-generation blockchain in several ways:
- Nebulas is the only blockchain that implements the world-renown LLVM compiler, features superior performance through concurrent technology, with a transaction processing capability of 2000TPS.
- Nebulas is more secure, stable, and has strong expandability. It also provides novel measures to invoke smart contracts and upgrade protocols.
Any platform that can attract the most diversified number of developers is the most valuable. For example, the Apple App Store has opened entirely new prospects for mobile applications by establishing an application ecosystem that creates tremendous social value and business returns. This is the strategy behind the Nebulas Incentive Program.
On the Nebulas platform, every DApp developer has the chance to share the ecosystem benefits based on their contribution to the blockchain world. This is made possible through the DIP protocol. Outstanding developers in the community receive NAS from DIP offering. Those developers who make contributions to the community ecosystem growth are rewarded, which will create a positive feedback mechanism offering to community developers.
Nebulas hopes to further extend NR’s functionality, i.e., by making information indexes for blockchains. Combining NR with a “keywords” mechanism, Nebulas can sort and manage information in a relevant way. In doing so, users of blockchains will be able to access more relevant and high-value data (including information, assets, smart contracts, DApps, etc.).
Compared to the Google search engine in the Internet world, with continuously explosive and tremendous information growth of blockchains, an information index and search engine for blockchains becomes an indispensable and necessary requirement. It will be an essential tool and the starting point for many users to explore the world of blockchains. With the power of information index and searching, as well as combining the Internet’s mature business model, Nebulas hopes to open up unprecedented business potential.
The Nebulas Incentive Program has already seen big awards. In week 2, a total of 226 people, including developers and referrers, won more around $250,000 worth of NAS rewards. The weekly Champion was an independent game developer, whom we believe created the first sandbox management strategy game based on blockchain. The game, named ”Cell Evolution,” was created in just 10 days, and won the 10,000 NAS prize.
So far, more than 2100 DApps have been deployed on the Nebulas mainnet in its two months of operation, surpassing the number of DApps on Ethereum. In order to further improve the performance of the mainnet and enrich the ecosystem’s technical tools, technical materials, and promotional resources and build a benign community ecosystem, the Nebulas team has officially launched the “Nebulas Bounty Rewards Program.”
As with any blockchain project, it’s important to look at the team involved. Here, Nebulas does not disappoint and delivers what is perhaps the most impressive team we have seen. Nebulas founder Hitters Xu was a founder of Antshares (NEO) and also the former founding leader of Ant Financial’s Blockchain Platform, He’s also an ex-Googler in the Search & Anti-Fraud team. Co-founder Robin Zhong is the former architect of Ant Financial’s blockchain platform. Lastly, co-founder Guan Wang was also a co-founder of Antshares (NEO).
Overall, Nebulas is one of the most ambitious blockchain projects we have seen. With a strong team behind Nebulas and an incentivized reward system for developers, Nebulas has the potential to become not just the Google of blockchains, but also the true Ethereum (ETH) killer. As the second week champ of the Nebulas Incentive Program and experienced game developer Wu Xiao said:
“It’s lonely being a developer on Ethereum. There’s very little support.”
Look for more developers to continue embracing Nebulas over Ethereum.
Learn more about Nebulas:
Official website: Nebulas.io
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
How Cryptocurrencies Will Change Online Gambling in the Future
Anyone who has followed online gambling since the beginning can tell you that things don’t stay the same for long. One of the reasons for this is that technology improves at such a ridiculously fast pace, and innovators in this industry are able to match up with those technological changes pretty quickly.
An innovation in technology that the Internet gambling industry has really learned from is cryptocurrency, with bitcoin in particular leading the way. We’ve seen it emerge as an alternative banking method, but it’s going to change the industry as a whole in ways that people can’t quite understand yet.
A Post-Legality Era
Something that has eluded online gambling since its inception is the idea of a global governing body. As it stands right now, each individual country (and smaller units of jurisdiction) have their own governing bodies that oversee in the industry. A lot of these laws are tied to banking laws, and that’s where the legality of playing in bitcoin casinos becomes such an interesting topic.
In the present, we’re seeing country-based regulatory bodies from places like Malta, Gibraltar and the United Kingdom start to work together and recognize each other’s licenses more and more. That’s taking serious steps towards having a global governing entity, and once that happens, the role of bitcoin is going to be even larger than it is now because it’ll…
VOLUM (VLM) Announces Commencement of Token Generation Event
ESTONIA, May 4, 2019 – VOLUM (the “Company”), a multi-dimensional blockchain technology holding company, is thrilled to announce the commencement of the Volum (VLM) Token Generation Event (“TGE”) beginning on Saturday, May 4. The VLM utility token is the native cryptocurrency powering the VOLUM supply chain and logistics management platform.
Driven by algorithmically intelligent software tailored to logistics and supply chain management, along with Internet-of-Things (“IoT”) integrated functionality, and a backbone of hybrid public and consortium blockchain architecture, the platform is organized around the Volum (VLM) token. The VOLUM TGE will be managed by deploying ERC20 tokens on Ethereum Mainnet to maximize future access to cryptocurrency exchanges.
The VOLUM platform operates as a comprehensive control center for supply chain and logistics management operations. Companies who use this platform will be able to carry out a wide range of blockchain transactions including: Payments, Rewards, Purchase Orders, Legal Contracts, Regulatory Compliance, Taxation, Shipment Management, Letters of Origin, Customs Documents, Inputs/Outputs and Inventory Ordering, Delivery/Parcel Tracking, IoT Monitoring and Reporting, Big Data Analytics, and Inputs and End-Product Tracking/Traceability.
“The total addressable market for a blockchain-based supply chain solution is nearly $54 trillion globally, with the majority of the world’s workers playing some part of this equation” noted Arnaldo A. Detrés, CEO of Bengala Technologies, LLC, the principle blockchain developer working to build the VOLUM platform. “However, blockchain solutions have been unable to…
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Nowadays, more frequently people opt to use cryptocurrency such as Bitcoin while dealing with financial transactions for its convenience, so its increasing prevalence isn’t round-of-the-mill phenomenon but still, its users need to create fully protected cooltechzone to secure their data.
Recently, a great abundance of VPNs have started to accept it as a way of payment and it definitely makes sense: one buys VPN to retain anonymity on the Web, so why not to use the privacy-focused payment method? Paying for a VPN service with Bitcoins or any other cryptocurrency secures personal data from curious eyes leaving no traces.
What is a VPN?
Virtual Private Network (VPN) is generally presented by the group of linked to each other computers via the Internet. VPN boosts protection and provides a high level of anonymity to all types of Internet connections.
While the connection to the ordinary Wi-Fi networks, a user usually gets access to the Internet directly, thus he becomes vulnerable to the hackers and the malware attempting to steal his personal data. On the other hand, applying VPN one transmits and gets data in encrypted form which makes it protected.
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