Hi everyone welcome back to my channel and here today, I'm gonna be talking about a cryptocurrency called Nebulas
Let's have a look at what Nebulas look like
So a Nebula is a Greek word for cloud. It's an interstellar cloud of dust and gas it is so beautiful
There's different shapes. They shapes like a lemon slice
the butterfly
the crab
the flower
There's so many anyways. That's where Nebulas got their name from well
I hope that's where they got their name from and I hope they're going to shine as bright as those Nebulae
Right back to reality
What is Nebulas so nebulas is a value based operating system like your Android phones
But in the blockchain world it's also a search engine like Google
But also in the blockchain world so you'll be able to search for things like
Which blockchain project is gaining the most traction?
Which exchanges are moving the most volume?
Show me all of the prediction smart contracts Nebulas was found in June last year by Hitters Xu
The former founder of neo this guy has been involved in so many things. He started BitClub, he has worked with Google with
Alibaba GemPay ICO 365, thats a lot
I hope it sticks with Nebulas a little bit longer
than he stuck with the rest of them and the coin for Nebulas is NAS and
It's currently trading around a nine dollars mark is ranked seventy first
with a market cap of just over three hundred and seventy seven million with a total supply of a hundred million coins and
and at the moment it has a circulating supply of over 35 million
So now let's have a look at the Nebulas framework so on Nebulas decentralized search framework. You'll be able to build your own DAPP
Just like you already can on the ethereum platform where you can have your token your social network
your search engine and even your app store
Without going too technical the foundation for this framework are three features that we can see here
Nebulas rank is an algorithm that allows easy access to valuable blockchain data
So it ranks addresses smart contracts and just or the entities on the blockchain just like Google ranks data as well
then Nebulas force is just how the blockchain can upgrade without needing to fork the development incentive protocol is just where the
Developers they get like positive feedback
And then they get a high ranking because of this feedback will get rewarded with some tokens on the network
upon this solid foundation is where we can build our operating systems or
Decentralized app they want to make it such that if you already have a DAPP running on ethereums network
You can easily move your DAPP from there onto
Nebulas without actually incurring any cost or any fees so that way, there'll be no more overload on ethereum's network
They'll be no more crashing
You know due to like viral releases like CryptoKitties the other day
So ethereum now kind of have a wingman which is helpful and as for developers
You'll be able to write your code in any language of your choice. There's no particular language to actually build a DAPP on
Nebulas framework just like you have solidity or ethereum's network, which makes it easier
Than having to learn a particular language just because you want to build a DAPP on Nebulas framework
I think Cardano is trying to do the same thing as well. Learning a whole different language
It just takes time so it's just easier to write the code in the language
you already understand, so this is an interesting one Nebulas is going to have a domain and
On this domain you can have a domain address
so their domain is gonna be dot NNS and
Then you can have an address so say for example you apply for a domain for your account address
instead of having
The long string of numbers and letters that we already have any typical cryptocurrency address
Say for example your name is you, you would have you dot NNS
So if anybody was supposed to send you money all you have to give them is you dot NNS
And then you can receive money via the NNS to your address
Without having to you know copy and paste this long string of numbers, which I think is gonna
Make the address whole thing easier, so when is Nebulas launching this
blockchain Google
Well, they've already launched the testnet so they're gonna launch their MAINNET
before the end of the first quarter
So that's any time from now until April. There's more information about Nebulas on your website
They have a really solid team the white paper is very interesting to read as well put links to that down below also
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