Nebulas has been described by many as the “Google for blockchain technology”. Today, we’ll look at everything that concerns the Nebulas network, how it works and whether it is worth investing.
Nebulas is a self-evolving blockchain system that works on a value-based incentive protocol. It is a decentralized platform that functions as a search engine for blockchains and decentralized apps (DApps).
The platform employs a positive feedback mechanism to create a beneficial ecosystem for developers. It incentivizes the development of apps and smart contracts to facilitate more contributions within its network.
At the same time, the project seeks to create a universal measure of value for both users and smart contracts in order to enhance the functionality of the existing blockchain ecosystem.
Nebulas was founded in 2017 by Hitters Xu. Xu formerly worked in Google’s Search & Anti-Fraud team and is amongst China’s first blockchain pioneers. He has devotedly contributed to the field of the blockchain.
Xu co-founded Nebulas with Robin Zhong. zhong is a blockchain expert developer with experience in R&D sectors. Xu also teamed with Guan Wang, a serial entrepreneur in the field of the blockchain, to build Nebulas.