Points in Time
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Overview of Nebulas
Uniquely, Nebulas.io is capable of supporting all Ethereum functions such as issuing of tokens, smart contracts and launching dApps. The other remarkable feature in Nebulas is its ability to offer search capabilities for smart contracts, individual dApps and blockchain’s assets.
The only difference with Ethereum is that their smart contracts are upgradable and unique from other centralized search platforms because there is a rewards system in place. Besides, most upgrades in blockchain often lead to “hard forks” but this is not the case with Nebulas due to its self-evolving nature.
The blockchain uses the following technologies to achieve its goals: Nebulas rank (NR) assists users to find any data on the blockchain world enabling them to make smart investment choices. Then there is Nebulas Force (NF), which is a self evolving mechanism for block chains with less friction and more control, Proof of Devotion (POD) and Developer Incentive Protocol (DIP).
Ultimately, Nebulas seek to one day be a go-to platform and secure private data preventing centralized companies as Facebook from analyzing such kind of sensitive data.