Gamble as you want,

your wife will never find out!

First p2p bitcoin betting platform!

Guess Bitcoin’s trend and win!

Clever enough to guess

Bitcoin price?

Nebulas (NAS): The New Ethereum (ETH) Killer - Global Coin Report
Connect with us

Don't Miss

Nebulas (NAS): The New Ethereum (ETH) Killer



Nebulas (NAS)

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 developer-friendly and supports the use of JavaScript to write smart contracts and DApps, making it easier for anyone to get started.
  • 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:




Twitter: @nebulasio

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.

Don't Miss

Is it legal to gamble in Bitcoin casino?



Bitcoin casino

Bitcoin entered the world in 2009 and immediately begun a revolution on the cryptocurrency market. Presently, there are more than 700 different digital currencies, but Bitcoin still remains the most used one. However, despite the large business activity around Bitcoin, there is still no international legal law to regulate it.

Key facts on Legality in Bitcoin casinos

Laws and obligations concerning online gambling legislation vary from country to country. There are many jurisdictions that can issue gambling licenses to online casinos. But, these licenses are issued only after the online casino business meets the requirements of the chosen jurisdiction.

The necessity of Gambling License for Bitcoin casinos

In order to make it clean and clear, a reliable online casino will obtain an online gambling license. Among other things, it allows running a legal activity and assures the casino operator’s trustworthy behavior, fair gaming policy and transparency in business operations and gaming software offered to customers. A representative of this kind of casino, such as FortuneJack for example, will have good reviews and reputation, and stable business that is constantly growing and expanding throughout the years. You can also feel the stability by checking the website, and important details such as casino withdrawal time and the number of games offered for playing, as you can examine on Fortunejack.

There is a difference between Bitcoin and Bitcoin gambling legality. There are countries…

Continue Reading

Don't Miss

How to Reach 100% Security of Online Transactions?



security of online transactions

The use of the global network for e-commerce operations requires ensuring an adequate level of security for all financial transactions carried out online. Each payment system uses the most convenient methods based on its capabilities and technical specifications. However, this doesn’t mean that you should only trust the system without adhering to general safety rules. For example, using ExpressVPN vs NordVPN or performing e-commerce operations or online trading in private networks will be a very good idea.

Online Security as It Is

The concept of information security means its resistance to accidental or deliberate impacts, the inadmissibility of destruction, distortion or disclosure to third parties, which can lead to material damage to the information owner. Here are some of the basic requirements that are to be adhered to:

  • Confidentiality – protection of information from unauthorized access is often provided by data encryption – conversion of text data into digital form, which can not be read without a special algorithm and a key;
  • Authentication – unique identification of the user. This often uses a login (domain name) and password, as well as additional confirmation, including one-time passwords or secret codes that are printed in a single copy for a given user password;
  • EDS – for the best data protection, electronic digital signatures (EDS) are used, which unambiguously determine that this information was received from a particular person who…
Continue Reading

Don't Miss

Is Unification (UND) XRP 2.0? IEO April 10th at UTC+8 on Bitforex!





Unification is a Hybrid blockchain solution for Enterprise. Above is my interview with CEO Neyma Jahan I explore what is Unification, how does a WRKchain actually work and why is this something people will quickly adopt. What is a really telling story here is that this is one of the few ICO/IEO/ITO etc… that actually is revenue positive which I honestly could not think of many others that were?

Neyma and team come from a background in real business, and they are focused on bringing blockchain adoption to the next level. They decided to go with the WRKchain or better known by some as a permissioned sidechain so that nodes can work together even if they do not like each other.

An example:

In education, we have tons of issues with plagiarism in universities and several, miss this and people write half copied thesis papers and get away with it. Imagine now for papers across Ivy league to Community colleges a system where professors come to a consensus about papers. Now also think of it this way those professors reading this paper all must read it, evaluate it, and come to a consensus. This will take out the professor knowing that student and give an honest overall evaluation. So each professor is basically a node. Then for each paper, there would be…

Continue Reading