Nebulas (NAS) — Top 20 In 2019

8 reasons why NAS will be Top 20 cryptocurrency in 2019 plus a look at the team and technology

This is THE project that has a higher probability than 98% of crypto’s to make you rich without a huge inherent risk, this is a true diamond of the Cryptosphere. This project will do what NEO did at the end of 2017 with an additional side of fries. By the way, this team created NEO then knew it was time to hit the Generation 3 platform evolution so here they are, incarnated as the Google of Blockchain (but less evil)— Nebulas (NAS). Some fun price predictions based on historical data are at the end of the article but be sure to read all of it and particularly take notice of the team. The tech behind this token is incredible and they haven’t even begun mass marketing but once they do, you better be on the NAS Rocket. This is my number one pick for 2019. They call it the Google of Blockchain but it will become known as the Google Killer.

Nebulas is currently in Nova stage— it’s mission, to discover data value in the blockchain world. It utilizes NR (Nebulas Rank) and DIP (Developer Incentive Protocol) which is explained further on in this article. These are the core protocols of Nebulas Nova.

The token metrics are: 45.5m circulating supply & 100m total supply.

Before I continue, once you’ve finished reading, please clap this article (you can clap up to 50x). The claps are much appreciated and let me know that I should continue to produce crypto based articles… onwards!

I have just signed up to Twitter — https://twitter.com/PhewChur

All-Star Team, №1 For Dapps On Blockchain & A True Generation 3 Blockchain Tech First Mover Pioneer!

8 Reasons why NAS will be Top 20 end of year 2018

NAS is it’s own Blockchain. This is the most misunderstood piece of the equation that I am stumbling across. Nebulas is a Generation 3 (G3) blockchain, similar to a Cardano or NULS. The Founder & CEO (read the team part below) founded NEO then left NEO to start NAS because he knew that G3 scalability/flexibility was the key to true future success. NAS is adaptable which means you are able to future-proof the code hence avoiding the need to hard fork the tech if any problem arises during scaling. Think of how much larger bitcoin’s market share would be if it didn’t have to fork into Bitcoin Cash, Bitcoin Platinum, Bitcoin Private etc. It also allows you to adapt code on other platforms based off of Nebulas. So if you had an erc20(ethereum platform) built on Nebulas, you would be able to adapt the code in the future to avoid the same problem. I see this as leading to massive uptake of NAS in the near future. It makes the blockchain searchable. I know everyone keeps saying its like google but in the future they will say its like Nebulas. With Nebulas, the blockchain will be measured then ranked for ease of use and strength of the community behind it. At the current moment you can’t search the blockchain. With Nebulas you will not only be able to search it, you will be able to isolate the less developed blockchains and consolidate or join the ones that have strong communities. It rewards developers. Nebulas will not be mined via Proof of Work (PoW). PoD, is the consensus algorithm based on the Nebulas Rank system. With PoD, “influential” users within the Nebulas blockchain can become bookkeepers. By accepting, they earn block rewards and transaction fees, providing an incentive for them to keep contributing to the security and stability of the blockchain. It will have master nodes rewards — to be announced. Now, most people in crypto know that masternodes are a good thing for stability reasons. I am a big believer in quality masternode coins/tokens — they better weather the undulating cryptosphere storms. Tokens with low supply like NAS will be locked up meaning that market dynamics known as supply & demand results in a price explosion. NAS is going to become very very very valuable. They have nailed the branding — Nebulas is a fantastic name conjuring vistas of space nebulas and outer space imagery. No re-branding for the West is needed! Nebulas Labs — supporting startups on Nebulas click here. Nebulas Nano Wallet — their wallet is a thing of beauty, it is super simple to use with a slick UI. Great for mass adoption.

NAS is the FIRST G3 platform on the blockchain. They have the first mover advantage for faster mass adoption, and will be a top 20 coin by the end of this year. So to go back to the original question, “why isn’t NAS being talked about more?” Well, they have simply been working on the product without the hype what have we always been told? ‘You gotta watch out for the quiet ones!’. Something to think about — what happens when NAS is listed on Binance, GDAX or Bittrex.

Now, to assess the team which is absolutely tied to the success of any project especially in tech. You’re only as good as your developers being able to code the vision and this is extremely technical.

Check out the official site roadmap by clicking here and click here to read about on-chain community governance in 2019.

5 key roadmap highlights include:

1.Launch of project management dashboard “ Go Nebulas” , via this portal, community members will be able see all the work of the current Nebulas core team and be able to participate in active projects and receive rewards for their participation (March 2019)

2. Launch of new mainnet Nebulas NOVA (Apr 15 2019)

3. Add Nebulas council into the Nebulas governace strcuture and open Nebulas Technical Commitee and Nebulas council for community member , the election for Nebulas council will be completed by May 2019

4. Pilot the IR submission and system upgrading via NBRE (May 2019)

5. Decentralization of the mainnet node complete and release new Nebulas mainnet beta version (Sept 2019)

The ALL-STAR Team

Please take your time to read the below profiles on the team members, it is in your own self interest to do so. This is where the Western interpretation of projects can come unstuck, they simply can’t pull enough solid data on the Chinese teams and we all know that having an experienced team is a must. But, this team speaks for itself, their track record is impeccable with PROVEN delivery of NEO.

The Founders

Hitters Xu — CEO

Founder & CEO of Nebulas, Founder of AntShares (NEO), a blockchain pioneer in China, the former Director of Ant Financial’s Blockchain Platform (Alibaba’s financial arm) and part of Google’s Search & Anti-Fraud team. Since 2013, Hitters has founded BitsClub (the very first Blockchain/Bitcoin community in China), ICO365 (one of the largest ICO platforms) and FBG Capital (one of the earliest Crypto funds).

Aero Wang — COO

Nebulas & Antshares (NEO) co-founder, initiator of OpenIP & IP Community, a serial entrepreneur in blockchain industry. Graduated from Southeast University.

The ALL-STAR Research & Technical Teams

Evan Cheng — Technical Advisor

Evan Cheng bootstrapped the LLVM effort and led its development during his 10 year career at Apple. He was the co-recipient of the ACM Software System Award in 2012 for his contribution to computer science. He is currently an engineering director at Facebook, responsible for developments in programming languages and runtimes.

Lei Liu, Ph.D. — Technical Advisor

Lei Liu is an Associate Professor of Computer Science at Institute of Computing Technology (ICT), Chinese Academy of Sciences (CAS), where he leads the Sys-Inventor Lab. Ph.D. degrees in computer science from ICT. He has led research projects that have advanced the state-of-the-art in Memory Systems, OS, Performance Isolation, and Profiling. As the leading author, Lei has published research articles regarding the architecture and operating system in venues that include ISCA, PACT, IEEE TC, ACM TACO, and others. Lei Liu is an IEEE and ACM member, has served as the PC/ERC member, chairs and session chairs for a number of main stream conferences and reviewer for well-known Transactions. He received a number of awards.

Pingzhong Tang, Ph.D. — Technical Advisor

Assistant Professor at IIIS, Tsinghua University. Ph.D. in CS at the Hong Kong University of Science and Technology (HKUST). Post-doc research on AI, economics, and computation & game theory at Carnegie Mellon University (CMU). Research focusing on the interdisciplinary topics between AI and Game Theory, as well as its applications in e-Commerce, blockchain and internet advertising. Had multiple collaborations with industry and publications recognized by academic awards.

Samuel Chen Ph.D. — Chief Architect

Postdoctoral Research Scholar in the University of California, San Diego. Ph.D. in computer science, graduated from the Chinese Academy of Sciences. Got BS degree from University of Science and Technology of China. Founding Engineer and project manager of Whova for 7 years. Samuel is an enthusiast of new technology, and is aiming to create a great product which can change the world. Chief Architect of Nebulas, responsible for the development of important core infrastructure and platforms such as the mainnet and virtual machines.

Xuepeng Fan, Ph.D. — Research Director

Ph.D. in Computer Science from the Huazhong University of Science and Technology, visiting scholar of University of California, San Diego. His research interests are in blockchain systems, distributed systems and parallel programming. Worked at Microsoft Research Asia and Megvii before. He is Research Director of Nebulas.

Yulong Zeng, Ph.D. — Mechanism Design Researcher

Ph.D. in Institute of Interdisciplinary Information from Tsinghua University, visiting scholar at the University of Michigan, Denmark Aarhus University, and got a BS degree from the Computer Science Experimental Class of Tsinghua University. He won the gold medal in the China Mathematical Olympiad (CMO). His research interests are game theory and mechanism design, and he has published many papers as the first author at international top conferences such as EC, AAAI, and AAAMAS. Now he’s a researcher at Nebulas, and studies mechanism design issues on the blockchain.

Zaiyang Tang, Ph.D. — Senior Researcher

Ph.D. from Huazhong University of Science and Technology, visiting scholar at the University of Aizu and the National Telecommunications Institute of Paris. His research interests include distributed systems, wireless networks and blockchain consensus. He has published papers in top journals such as TPDS and ICDCS. He is a senior researcher of Nebulas.

The Tech

For the in-depth Technical Whitepaper click here.

Continuously Improving Ecosystem

Value Ranking — Nebulas Rank (NR)

Nebulas Rank (NR) is our core ranking algorithm which has been open sourced. The algorithm is based on liquidity, propagation of users’ assets, and the interactivity between users. NR is used to rank addresses, smart contracts, decentralized applications (Dapps) and other entities on the blockchain.

Nebulas Rank (NR)

Nebulas Blockchain Runtime Environment (NBRE)

As per the technical team;

1. NBRE is the execution environment for Nebulas core protocols and core algorithms (such as NR, DIP).

NBRE includes the JIT (just-in-time compilation) module of LLVM. The core protocols and algorithms are stored in the form of LLVM intermediate representation (IR), and the JIT compiler will load the relevant protocol or algorithm code at runtime, then execute and export the results.

2. NBRE is the foundation of core protocols and algorithm upgrades.

When a core protocol or algorithm needs to be upgraded, we can deploy a new version on chain through a trusted and secure mechanism. NBRE will automatically acquire and execute the core protocol or algorithms latest version at runtime which in turns upgrades the protocol or algorithm.

Here is a detailed image of the above two core functions:

Developer Incentive Protocol (DIP)

Incentives are the driving force of blockchain evolution. The Nebulas Incentive includes Developer Incentive Protocol (DIP) and Proof of Devotion (PoD). DIP provides a feedback loop for developers to create high-quality distributed applications. With PoD, users who rank well (based on NR) will be rewarded in our Nebulas Token (NAS) by bookkeeping.*

NAS is the unique official native token in Nebulas.

Price Predictions — everybody’s favorite part and a bit of fun as well!

Ok, $24 end of this year based on NAS having a $1.12 billion market cap — this can be done! This blockchain, in my humble opinion, will be absolutely massive in 2019 and we will see a $100+ NAS in the coming couple of years.

Generate wealth with me. Peace.