Vote for the name of the next version of Nebulas! Nebulas Follow Feb 26 · 3 min read

The Nebulas mainnet is about to receive a significant upgrade in March of 2020. To commemorate this event, we have asked the community for naming suggestions. Incredibly, we have received 57 in just one week! All suggested names can be viewed at https://community.nebulas.io/d/675-name-the-latest-and-greatest-version-of-the-nebulas-blockchain

With duplicated names removed, there are a total of 37 names eligible for this event. Those who still want to participate in the event must submit a name by February 26th (Beijing Date).

UPDATE: Voting is now open to all. Visit https://nebulas.io/next-version-name-vote.html to cast your on-chain NAX vote today!

The name will be selected via NAX voting

Voting time

Feb 27 3:00p.m. — Feb 28 3:00p.m., 2020 (Beijing time, UTC+8)

How to vote

When the event begins (see voting time), a webpage will be published that contains all available voting options. Be sure to visit nebulas.io for more information or follow us on twitter at http://twitter.com/nebulasio. Once voting begins, visit the announced webpage, select the name you like most, and complete your vote via the NAS nano Pro wallet by utilizing NAX. There will be no limit on the amount of NAX a person can vote and the amount of times a person can vote. All NAX used via voting during this event will be returned once voting is complete.

Results

The name which receives the most NAX votes will be selected and become the official name of the new version of Nebulas! If two options receive the same amount of NAX, the name will be selected based on which name received their votes first.

Rewards

1st place winner will receive: 500 NAS

2nd-5th place winners will receive: 5000 NAX per person.

The results will be published to the community once voting has finished. The reward distribution will follow afterwards.

About the new Nebulas mainnet:

The new mainnet will add the Proof of Devotion (PoD) mechanism which is the most important upgrade since Nebulas NOVA. PoD is one of the core mechanisms of the Nebulas blockchain and is one of the many unique features when compared with other blockchain projects. This novel consensus mechanism is built on the basis of the contribution size of the community. The mechanism comprises two parts:

Consensus mechanism: Once PoD goes live, the Nebulas blockchain will be fully decentralized relying on the community for node operation. Governance mechanism: The consensus nodes which produce the most blocks will be chosen to be governance nodes and will decide if proposals submitted on Go Nebulas will be approved and become active projects. All governance votes will utilize on-chain voting.

To learn more about PoD and node decentralization, please read the PoD documentation at https://wiki.nebulas.io/en/latest/node-strategy/README.html.

Disclaimer:

Please refer only to relevant announcement issued officially by Nebulas; Please be diligent to identify and avoid fake applications, falsified messages, phishing websites, phishing emails, fake customer service, scams, etc… The Nebulas team will never ask users for their private keys. Nebulas is not responsible for any loss caused by users or third parties.

Nebulas Foundation

Feb 26, 2020