What is Nuls? How Does It Work?

By Kiviburger | kriptosedat | 24 Dec 2019


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What is Nuls? How Does It Work

Definition and field of activity: Nuls, a global open source blockchain project, is a customizable modular blockchain infrastructure platform. Nuls aims to eliminate technical barriers to blockchain by providing intelligent contract, multi-chain mechanism and cross-chain reconciliation, reducing development cost and promoting the use of blockchain technology in the commercial world.
Technical infrastructure: ERC20 token compatible with smart contract features
Maximum KOIN Quantity: 100,000,000 Total KOIN Quantity: 40,000,000
Quantity Of Koin In Circulation: 40,000,000
Algorithm: Eth
Block range: unknown
POW / POS: PoC (Proof of Credit)
KNOW YOUR CUSTOMER (KYC): none
ICO price: 1 NULS-0.10 usd
Current price: 4.01 usd 0.00041560 BTC 03.05.2018
Date Of Entry Into The Stock Market: 25/10/2017
24-Hour Volume: 18,370,600
Market Volume: 160,225,200
Trading Exchanges: OKEx ,Investing.com, Binance, Kucoin, Bit-Z
Investment Partners and sponsors: Elephant Alliance Bitshares
The company behind the KOIN: a Chinese coin. the company behind it is unknown.

Founding:
Jason Zhang (Founder& Lead Developer) worked for KeYou, partnering with most of the Chinese banks. Jason contributed to Treasury payments Security, Smart Card (EMV) Security, Mobile Banking Device Security, and PC Banking Security. In China
He also worked on cross-border payments, in which 17 banks participated in the development)

COO&Co-Founder
Lily Wang Knysh's past experiences work for Chongqing TV & Science Educational Channel and Weijingtong, which also gives Daily News to the Chinese community. He specializes in negotiation and strategy. Its main focus is establishing multilateral cooperation with all nations.

Co-Founder & Community Leader
Reaper RanReaper has been studying blockchain technology since 2013. Reaper is well known in the community and has a very deep knowledge of community operations, working and building in various communities such as the BitShares community, where he is on the NEO community board, 4 core developer.

4 community manager details

https://nuls.io/team.html


Whitepaper summary and link: https://nuls.io/pdf/NulsWhitepaper1.1.pdf?vt=20180205

 

Nuls technical information
Nuls offers a smart contract chest (nulsvm) that application developers can identify and run. In addition, Nuls allows users to customize their own subchain by combining the appropriate modules from the module library according to their application requirements. Nuls aims to have an easy interface with high efficiency and to be able to adapt to various applications.

As is often the case with blockchain platforms, the project has its own currency, also known as NULS. These tokens will be used to support decentralized applications running on top of this network, as well as to pay for applications, support future developments, and pay transaction fees.

NULS un's mission is to build a universal public blockchain infrastructure that can be customized. To create a customizable infrastructure, their goal is to help institutions improve their credibility by integrating their own decentralized applications into the blocs.

Nuls Economic Model
The Nuls token will be used to support the whole ecosystem.
- 40% of tokens are distributed with I Airdrop
-20% of tokens are reserved for R & D. 5% I will be unlocked after Mainnet is released. -20% of tokens will be used to build a strong community (max 4,000,000 units each year) - the remaining 20% will be used to build a partnership and a high quality 3.it is reserved for individual projects.
Mainnet development to be completed, testing phase to begin open source development community to be established and expanded technical design documentation to be developed

Nuls Road Map)
May, 2018
Full development of basic modules, continuous improvement of built-in modules such as smart contracts, multiple chain parallels, and cross-chain reconciliation,
Launching and introducing more applications to be accessed in the NULS ecosystem.
Launching of Mainnet
PC wallet to be published mobile wallet to be published
Blockchain explorer to be released

June, 2018
Smart contracts will receive support for 3 programming languages the general ecosystem of Anazincir will be improved
December, 2018
Smart contract module to be published
Inchain will join into NULS
May May 31, 2018 - PC and mobile wallets to be released May 31, 2018-Mainnet to be released
May 31, 2018-Nuls Blockchain Explorer to be released
Social media accounts and follower numbers:

Web sites:

http://nuls.io

telegram
https://t.me/Nulsio


steemit
https://steemit.com/@nuls


Twitter
https://twitter.com/nulsservice


facebook
https://www.facebook.com/nul.ben.71


reddit
https://www.reddit.com/user/nulsservice/


GitHub
https://github.com/nuls-io/nuls

 

* One of the promising crypto projects.
* Social media accounts, especially twitter and telegram, are actively used and their information is shared up-to-date.
* Due to the lack of Coin supply and the projects and R & D activities mentioned in the whitepaper, the lack of anonymity of the team and the sufficient experience on the blockchain, it has formed the belief that it can be invested in the future long-term.

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Kiviburger
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