Nebulas is a decentralized blockchain search engine project that is fully open source. Nebulas was designed as means of searching for decentralized applications (Dapps), smart contracts, and blockchain assets of all public blockchains. Nebulas provides users with measures of value for units in the crypto sphere in the form of Nebulas Rank (NR). This blockchain valuation mechanism enables users to efficiently discover and utilize relevant information about a particular unit, thereby aiding the public in determining the importance of various addresses, DApps, and smart contracts. Nebulas boasts a self-evolving system (dubbed Nebulas Force, or NF for short) which was developed as a means to upgrade its ecosystem in a smooth and progressive manner without the need for forks.
The Nebulas blockchain uses the Proof of Devotion consensus algorithm which provides users that are considered “influential” with the opportunity to earn block rewards and transaction fee revenues by acting as bookkeepers. Nebulas offers further incentives in the form of the appropriately named Nebulas Incentive (NI), which rewards developers through an incentive protocol.
Nebulas’ token, NAS, is used as a form of currency for smart contract fees as well a reward for developers and Proof of Devotion bookkeepers.