Nebulas, the next-generation blockchain platform, will
release Nebulas Nova v.2.0, its upgraded mainnet, in Q4 2018. The
new mainnet will feature performance improvements, including full
integration with Nebulas Rank, a universal value ranking mechanism,
and Developer Incentive Protocol, an incentive mechanism for
rewarding developers and community members who contribute to the
blockchain. With these two core functions, Nebulas Rank and
Developer Incentive Protocol, Nebulas Nova aims to transform the
blockchain data landscape from the current state of disorganization
to one of ordered, discoverable value.
SAN FRANCISCO, Sept. 21, 2018 /PRNewswire/ -- Nebulas, the next-generation
blockchain featuring a universal value-ranking mechanism, has
released the development roadmap for the next-phase of its main
network (mainnet), Nebulas v2.0 Nova, which it plans to launch at
the end of 2018.
The new mainnet will introduce two core functions:
- Nebulas Rank (NR), which will provide a native on-chain and
quantifiable standard to value on-data by quantifying the
contribution of specific accounts on the blockchain while taking
stock of the blockchain's aggregate economy at the
macro-level.
- Developer Incentive Protocol (DIP), which will provide a native
on-chain incentive for developers to build blockchain applications
and smart contracts that drive value on the Nebulas
blockchain.
Together, NR and DIP will enable Nebulas Nova to bring order to
what is currently a messy blockchain data landscape. This will
enable users to easily gauge and discover valuable applications on
the Nebulas blockchain. To support the stable operation and
upgradability of NR and DIP, Nebulas Nova will be built atop the
underlying structure of LLVM. Moreover, the NR algorithm will be
stored on Nebulas mainnet blocks, fully open-sourced, and
transparent.
The Nebulas Nova mainnet was first announced when the Nebulas
Rank Yellow Paper was published in
Q2 2018, and will come after the release of Nebulas v.1.0 mainnet
Eagle Nebula. Since its launch in
March 2018, the first iteration of
the Nebulas mainnet has stood steady for more than 6 months,
standing heavy usage and other tests. To date, Eagle Nebula
features 240,000 accounts, 11,000 smart contracts, and 6,800
DApps, far exceeding the
number of smart contracts (double) and dapps (triple) on
Ethereum.
The rapid evolution of the blockchain sector means technical
requirements and capabilities are being upgraded everyday. To meet
the requirements for modern blockchains and community members,
Nebulas constantly strives to cultivate its inner power, or
'neigong' as the concept is described in Daoist philosophy.
With this in mind, the Nebulas v.2.0 Nova mainnet will
come with a number of performance upgrades. Nebulas Rank, Nebulas
Incentive Protocol, and the execution environment of Nebulas will
all be completed to coincide with the release of Nebulas Nova in Q4
2018. This means Nebulas will be the first public chain to feature
a native developer incentive built into the blockchain. With this,
Nebulas Nova will become an even better place for both community
developers and community members, in addition to achieving a
significant leap in performance.
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SOURCE Nebulas