The exponential advancement of blockchain technology over the last few years has seen the emergence of a number of new platforms that are challenging the Ethereum-dominated status quo.
A growing number of global businesses and smaller enterprises are embracing the blockchain technology revolution. Some of the largest firms in the world like Pfizer, HSBC, Walmart, VISA, Delta, and Siemens all utilize blockchain technology. And it isn’t just large-scale organizations that view blockchain as a viable solution to traditional, outdated, and inefficient platforms
As time and technology advances, Blockchain technology is evolving and the high-cost, slow and limited scalability platform that Ethereum offers is no longer the first choice for developers. One platform that continues to grow in reputation and credibility is Neblio.
What is Neblio?
Neblio is a decentralized platform built for enterprise applications and services. Launched after a successful ICO that ended in August 2017, having sold 13 million NEBL coins, the Neblio Token Protocol-1 and its unique metadata properties provide an innovative range of solutions with the developer and enterprise needs in focus.
Since its inception in 2017 by two IT professionals Edward Smith and Ann Jackson, Neblio has been consistently streamlining the process of integrating blockchain technology for all-level enterprises enabling simple tokenization of physical and digital assets without the need for complex development or technical experience.
Powered by Tachyon, a hypothetical particle that travels faster than the speed of light, its RESTful API SDKs are written in eight of today’s most commonly used programming languages, making it a developers dream.
In fact, since launching, Neblio has reached every milestone listed in its white paper whilst its native token – $NEBL has progressed into a solid and stable coin.
The open-source suite of software solutions and a token protocol (NTP1) are part of the Neblio network which also includes a comprehensive education section, a wallet, and consultancy services that can help and advise on development from start to finish.
Stake and Earn $NEBL
All transactions on the Neblio Network are secured by the efficient Proof of Stake distributed consensus algorithm. Users earn by creating new blockchain blocks and verifying each block full of transactions and information that powers the network. This way, users are encouraged to actively participate in the running of the network, how it is governed and operated, via staking.
It is worth noting that the Neblio Network is fully run by volunteer wallet users actively staking NEBL to create new blockchain blocks and verify all transactions within the network.
These volunteer users and the wallet software they operate control how the Neblio Blockchain network is governed.
When a user’s wallet successfully stakes the next block in the chain via a stake reward, they earn. How much they earn is dependant upon the age of the coin and the total amount of NEBL in the coin group that staked the next blockchain block.
As reward for helping run the Neblio network, users staking NEBL throughout a whole year should get around 10% of balance of their wallet in new NEBL from stake rewards.
The $NEBL
After an initial spike in January 2018 which saw the price of $NEBL soar to just under $45, before joining all other cryptos in a steep downward turn, the last three years have a period of consolidation and stability. These are two traits very important for long-term success. Extreme volatility is no good for trust, longevity, and investment. Instead, with $NEBL, we’ve seen a long period of stability within a narrow price range.
Now, in 2021, after gains across the board in the crypto markets, NEBL has enjoyed a steady increase, quadrupling its value as more and more users enter the Neblio ecosystem.
With listings on Coinmarketcap and CoinGecko, NEBL has a circulating supply of 17,491,371 NEBL and is available to buy at all the top exchanges including Binance, KuCoin, HitBTC, and CoinDCX.
Energy Efficient
As the NFT world explodes and Elon Musk starts a crypto war on Twitter over Bitcoin’s energy efficiency, (it is believed that Bitcoin mining alone uses electricity worth nearly $700 million every year), the POS method used by Neblio is far more efficient and very relevant in today’s blockchain discussions.
With other Blockchain networks using a Proof-of-Work model to secure the network, aka “mining”, Neblio’s Proof-of-Stake consensus model means that whilst you are staking your coins, you won’t even notice your wallet application is using CPU power or even see it in your next energy bill.
Neblio is an exciting and innovative blockchain platform that has built a solid network and infrastructure to support itself. Developers love the technology and the solutions it provides, meaning this is not only here to stay, but one to watch.
You can read more on Neblio and discover its features here.
[…] Supply hyperlink […]
[…] Source link […]
Great research