Nebulas - Short, understandable rundown
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.
Thanks you for writing this quick rundown! I'm sure it will help others just learning about NAS and why it's so powerful.
One thing I do want to mention is that this article lists Testnet as Q1 of 2018 and Mainnet as Q2-Q3 of 2018. The Testnet is already up and Nebulas is expected to go Mainnet in Q1 of 2018 (max of 8 weeks away). In Q4 of 2018, Nebulas will really start to take shape with Nebulas Rank (NR) and Developer Incentive Protocol (DIP) going active. You can see the roadmap at https://github.com/nebulasio/wiki/blob/master/roadmap.md
For those wanting to take a bit deeper dive, I highly suggest reading the white paper at https://nebulas.io/docs/NebulasTechnicalWhitepaper.pdf
But if that is too much, I wrote up an easy to read overview of the white paper. It's located at https://www.reddit.com/r/nebulas/comments/7rwllx/nebulas_technical_white_paper_review_january_20/
Thanks again!
Corrected, this clarification has made me even more hyped for Nebulas' future!