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Nebulas could be the Future of Improving The Efficiency of Blockchain Upgrades

www.the-blockchain.com

Ability to upgrade the network seems to be one of the biggest challenges to a distributed system, democratic network could promote the co-creation of a fair and open blockchain ecosystem! The blockchain industry has noticed that the ability to upgrade the network seems to be one of the biggest challenges to a distributed system and has now become a key pain point that hinders further development of the entire blockchain world. Blockchain software updates are very complex; requiring all network nodes to upgrade their software prior to a specific time so  the new update can come into effect.

Pertaining to the issue of system upgrades, Nebulas believes that “the decision makers of a blockchain upgrade should not be centralized. One of the many new features that Nebulas NOVA will include is the Nebulas Blockchain Runtime Environment (NBRE) and is the first version of Nebulas Force as stated in Nebulas’ whitepaper. NBRE is the execution environment for the Nebulas core protocols and algorithms; based on the JIT (Just In Time) LLVM (Low Level Virtual Machine) compiler, making it possible to manage, execute and submit LLVM Intermediate Representation (IR) to the Nebulas blockchain.

In Nebulas NOVA, the algorithms and parameters of key features are stored on the blockchain in the form of LLVM IR. As a result, an assembled community of developers, token holders, and nodes operators will form a consensus for system upgrades and the network will be automatically upgraded without the need of node intervention. To create a more democratic network, Nebulas is currently developing blockchain governance where developers, nodes operators and token holders all have an equal voice, thereby promoting the co-creation of a fair and open blockchain ecosystem!

Timeline of Nebulas-token

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Bitcoin Bitcoin
63542.4000 2.51%
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553.742000 2.46%
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