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“The Nebulas Rank Yellow Paper” is now public, providing the blockchain world with a more complete value measurement system
As research that explores the blockchain value spectrum, the Yellow Paper has been significantly updated to expand upon the concept of “Nebulas Rank,” first proposed in the “Nebulas White Paper” published in Q3 2017. The Yellow Paper is a milestone, following in the footsteps the release of the Nebulas Mainnet (1.0 Eagle Nebula), and represents Nebulas’ ambition to be a leading global blockchain for value discovery among blockchain users, smart contracts, and decentralized applications (dapps).
Frontier exploration
With the rapid growth of various dapps in blockchain, users lack efficient search methods for blockchain applications and smart contracts. At the same time, in the face of the high complexity of the economies built on blockchain technology, the PageRank algorithm in the Internet age cannot solve the problem of the lack of information and value evaluation criteria in the blockchain world. In response to the pain points in the industry, Nebulas independently proposed the concept of “Nebulas Rank” in September 2017 as a solution for value measurement and discovery on blockchains.
On the 11th of June, it took the lead in opening the “Nebulas Rank” key code, which is the core component of the Nebulas development team, as the first implementation of the technology of the blockchain value scale in China.
As a measure of the value of blockchain, “The Nebulas Rank Yellow Paper” enhances and expands the set of algorithmic systems constructed by Nebulas Rank. First of all, to address the problem that the characteristics of the blockchain economy system still cannot be accurately reflected, Nebulas Rank has been developed to measure the contribution of account addresses to a blockchain economy of circulating cryptocurrency.
The model proposed by Nebulas Rank takes account of the digital currency in circulation, the output of the economy, and the degree of account contribution. Secondly, the Wilbur function designed by Nebulas Rank is able to resist manipulation to guarantee the fairness of standards on which the blockchain incentive mechanism is based.
Finally, to meet the need for diversity, this Yellow Paper describes a dual taxonomy of Nebulas Rank: Core Nebulas Rank and Extended Nebulas Rank. The former refers to two factors: “the median value of assets of a factor account over a certain period of time” and “measures of the degree of access of the account within a certain period of time.” The latter gives different calculation methods for the value scales of various applications in the blockchain ecosystem. These two categories of Nebulas Rank better meet the actual needs of different application scenarios.
The “Nebulas Rank Yellow Paper” is the first important research result since the founding of the Nebulas Foundation, further improving the core algorithm of the Nebulas blockchain. The Nebulas Foundation brings together top research talent in the blockchain industry, fully embodying the importance of Nebulas innovation and research.
Xuepeng Fan Head of Nebulas Research said that Nebulas Rank represents the further improvement of the original value chain measurement system of the Nebulas. The new iteration of Nebulas Rank will be used for cross-chain data exchange, digital asset transfer, to effectively measure the individual or organization’s contribution to the community’s growth and other aspects.
Learn more about Nebulas:
Official website: Nebulas.io
Github: github.com/nebulasio/go-nebulas
Slack: nebulasio.herokuapp.com
Telegram(EN): t.me/nebulasio
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.
Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.
The Singaporean ETF Market: Exponential Growth
The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics.
One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.
The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.
Regulatory Landscape and Investor Protection
The Monetary Authority of Singapore (MAS) is the…
Intending to invest in a residential or commercial property in Singapore?
When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.
In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.
HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE?
As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.
In this sense, Singapore has the Loan to Value Ratio (LTV).
The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:
- If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000.
- When you are applying for a loan with a Housing…
CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform. Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.
Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play. The desktop version is available for Windows and Mac.
“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…
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