And Then Came Nebulas (NAS)

As an inspiring UX designer & web application developer, I begin my journey into the programming and technology side of the world. Being able to communicate effectively on a design with a certain strategy, while providing a clean and beautiful layout that would allow the end users to have a better experience accessing the desire information was top priority in my field. Millions of dollars were lost each year in revenue due to the lack of design strategy that could have simply been fix by understanding how users think, feel, and how they interact while on your website, which page they targeted and stay on the longest, to what kind of information they were searching for. An easier way for them to go about doing so made a big impact on return visits. This was what UX design could accomplish. UX is the core of all business, technology and design inspirations.

I was also big on business and investments — there has to be a better way for us to succeed than the regular 9–5 workplace. My dream was to be able to work remotely anywhere I so chose to, enabling me to experience life not bound to an office space and enjoying what this world has to offer. There is nothing wrong if you enjoy the office and social interaction of a company. For me, however, I thrive on nature — since I’m a photographer as well — and interaction with people outside of my comfort zone, to really know what their culture are like by actually living it day in and day out. I also wanted a way to build a portfolio of investments that would have the potential to make me money while I sleep. The jump into cryptocurrency was both a serendipitous moment, and a point of no return for me. I have been loving it ever since and truly believe it can change the world.

First off, cryptocurrency started with Bitcoin, a revolution to disrupt centralized banking system, created by a man that went by the name of Satoshi Nakamoto in 2008. Cryptocurrency was creating a decentralized space to handle the means from how we store and interact with currencies of values from that of the old standard system. This disruption carved a path for all other technology to follow made the blockchain technology more powerful as more of the world took notice. For those that are still new to cryptocurrency, a blockchain is defined as “a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.” So, the impact of blockchain allows a group of network to control the database that records transaction, meaning bitcoin or other cryptocurrencies were managed by its network and not by any one central authority like a bank. This gave power back to the people that chooses a new way of life. You can see why I was so hyped up about cryptocurrency and its potential. So, how does Nebulas come into play here? Let’s dive into what Nebulas is and what they plan to solve to better understand their ambitious goals and why I chose them as part of my portfolio.

Nebulas Next Generation Blockchain Framework -

The above is an illustration taken from Nebulas website on their ecosystem of Nebulas — https://nebulas.io/

With new technology coming forth, there will be flaws in the system and many, many developments across its life cycles. The popularity of blockchain technology has grown and will continue to grow. At the start of 2017 there were about 20 million blockchain users and this number is projected to grow towards 200 million by 2020 according to Nebulas studies. More applications are being implemented with blockchain technology, such as Ethereum’s smart contract and other DApps (decentralized applications) that works alongside the blockchain. The problem Nebulas saw was the increasing involvement in blockchain technology but nowhere to actually locate or search for these data to help make the end user’s have a better experience. Information is only as powerful as the ability to search for it and be able to read and modify it when necessary. As a fellow UX designer, you can start to understand why I chose Nebulas because of their UX strategy and how they were planning to make blockchain an easier and more accessible space.

NAS was on the road to solve a number of the blockchain problems, such as:

  1. Lack of measure of value: need a universal way to measure value of users and smart contracts.
  2. Blockchain system upgrade: decentralized blockchain system are unable to enforce users to upgrade clients and protocols.
  3. Construction of blockchain application ecosystem: with increasing volume of applications on the blockchain, a lack of ability to navigate or search for information on the blockchain hinders performance and make usability more difficult.

Nebulas designed a solution to the above problems by implementing these strategies & solution methods:

1. Value Ranking — a fair ranking algorithm to define the measure of value. This would be on the bottom layer of blockchain to identify a higher dimension of information. In their white paper, Nebulas would use what they would call NR (Nebulas Rank), similar to that of Google’s PageRank [9][45], which they have stated is a combination of liquidity, speed, width and depth of capital on the blockchain to provide a fair ranking for blockchain users. This NR system would allow developers the ability to measure ‘the importance of each user, smart contract, and DApp in different scenarios.
1. Value Ranking — a fair ranking algorithm to define the measure of value. This would be on the bottom layer of blockchain to identify a higher dimension of information. In their white paper, Nebulas would use what they would call NR (Nebulas Rank), similar to that of Google’s PageRank [9][45], which they have stated is a combination of liquidity, speed, width and depth of capital on the blockchain to provide a fair ranking for blockchain users. This NR system would allow developers the ability to measure ‘the importance of each user, smart contract, and DApp in different scenarios.
2. The Self-evolving of blockchain system and applications — This allows for “faster computing, better resilience, and enhanced user experience under little intervention” as described by Nebulas in their white-paper. Nebulas calls it “Nebulas Force”. There are many benefits to this new architectural system such as: base protocols becoming part of the data on the blockchain with the ability to be upgraded through the addition of new data. With applications like smart contracts, the upgrade is made possible through cross-contract access to state variables at the bottom layer storage. These implementation will serve to be more advantageous over other public blockchains and allow developers to respond faster to loopholes with upgrades and prevents hacks that will cause substantial losses to users.
3. Incentives — PoD (Proof of Devotion) algorithm is based on the devotion of accounts on Nebulas using the NR algorithm to identify users with great devotion to the ecosystem. Also integrates the economic penalties in PoS to prevent malicious malware and other damages done to the blockchain. Developer incentive protocols (DIP) was also created to reward smart contracts and DApp developers for their great devotion to the community. This incentive is written directly on the blockchain by the bookkeeper. NR also includes a search engine to help users explore the blockchain but also providing them with a more pleasant experience.

Clearly we can begin to understand the importance of Nebulas (NAS) and its major role in the development of ongoing blockchain data. The Google search engine of today is one of the top most useful technology to mankind. It’s a place that allows access to numerous pool of information for the world at your fingertips. Soon, Nebulas will be that Google search engine, but in the blockchain world. But this isn’t the only reason why I chose Nebulas. They’re not just designing a search engine with layers of security on top and incentives for the community, but also designing the foundation of Nebulas in a way that would make you and I enjoy researching these datas; making our development lives easier before we even realize we need this.

The UX aspect of Nebulas approach is all about the end users having a better experience with the blockchain. They allow developers and current users to find certain data easier and give new users the ability to adapt to the blockchain world with ease because of the better experience Nebulas is providing. I can’t tell you enough how important it is to have a functional product that is both easy to use and aesthetically pleasing at the same time. It could be the most complex thing, like the blockchain technology, but by being able to design it in a way that is fun to use, an easy layout that indicates where all the important headings are, and make it approachable, you have a winning product — that my friend, is what Nebulas is on the path to achieving. It’s a no brainer why I am with them.

I understand how hard it is to finish such a task, but one filled with joy when it all comes together perfectly. All the studies of user experience, the test, the retest, design and redesign of the interface, different interchanging components, and then user testing again to make sure the delivery of such end product exceeds all prior testing, one that has the user exploring from point A to point B in no time and no to minimal thinking involved — a smooth transition. If Nebulas is seeking to do such a thing for blockchain, I couldn’t be happier to be a part of their team by supporting them and including them as my top choice as this aligns with my goals as a UX designer.

The above was only a glimpse into the amazing blockchain technology call Nebulas and what you can expect from them. To learn more about Nebulas in details, their teams, and all the information relating to NAS, you can visit the sites below —

Learn more about Nebulas:
www.nebulas.io
Twitter: @nebulasio
Telegram(EN): t.me/nebulasio
Telegram(CN): https://t.me/nebulascn

This article was written to share my experience with the blockchain technology and how I came to choose Nebulas. If you find this information helpful and enjoy reading it, please leave me a comment or a clap as a sign of your appreciation. Thank you and remember to always DYOD.

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