Nuls (NULS)

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Nuls (NULS) is a cryptocurrency made by Liesa Huang and Isaac Kim in 2017. It is a decentralized blockchain platform that provides an enterprise-level blockchain infrastructure with a focus on pluggability and customization.

The modular blockchain implements a proof of credit (PoC) consensus mechanism that requires node operators to secure a certain amount of tokens to run a node, similar to a proof-of-stake consensus mechanism. However, nodes also have a credit rating alongside them which calculates a credit coefficient for each node. This credit coefficient determines the reward received for the node operator.

The Nuls platform is designed with 2 functioning parts to it. The first part is known as the microkernel which acts as the foundation for the entire network to function. This microkernel handles the projects underlying mechanisms for both the main chain and sub-chains. It will allow the user to connect different modules to the blockchain to customize features such as smart contracts, storage, and accounts. Although the main chain blockchain for Nuls uses a PoC consensus mechanism, the entire platform runs all of the decentralized applications on a multi-chain system. This multi-chain system hosts all the applications on subchains and verifies them with the main chain via cross-chain verification. This system allows for each sub-chain to have its own consensus mechanism such as PoS or proof-of-work (PoW).

The other part of the Nuls platform is the functioning modules. These are the plug and play components of the blockchain and is what allows the user to easily customize it to their specification. These functioning modules can easily be swapped out for each other due to their low coupling amongst each other.


NULS Ecosystem Ignition Program Phase II

1 Mar 2024 1 minute read 0 comments NULS

Build Projects on ENULS and Receive Incentive Since the inception of the NULS main-net, the ecosystem has experienced consistent growth, marked by the establishment of essential tools. The initiative to build the EVM parallel chain, ENULS, has been s...

First Half of February 2024 / NULS is Assisting NerveNetwork to Develop NerveMint Feature

21 Feb 2024 2 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress NULS mainnet browser was Upgraded. Assisted NTC in designing and developing the NerveMint feature. Assisted NTC in devel...

A suite of tools to build highly customized blockchains

5 Feb 2024 1 minute read 1 comment NULS

NULS ChainBox Explained The concept of modular blockchains gained significant attention last year when Celestia unveiled its ambitious plans. Since then, the modular thesis has gained momentum, witnessing the launch of numerous data availability laye...

Second Half of January 2024 / Optimizing the NULS Public Service

1 Feb 2024 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Performed testing and optimization for the upgraded version of the NULS Explorer. Assisted NTC in integrating new blockc...

First Half of January in 2024 / NULS Explorer is Now Updated

17 Jan 2024 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Conducted testing and optimization for the upgraded version of the NULS Explorer. Upgraded the dependencies of various a...

Second Half of December in 2023 / NerveNetwork is Building a Bridge Between NULS and Bitcoin

3 Jan 2024 3 minute read 13 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Developed and tested an upgraded version of the NULS blockchain explorer. Fixed bugs identified in the upgraded node pro...

First Half of December in 2023 / NerveNetwork Has Supported Manta Network

18 Dec 2023 2 minute read 2 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Developed and tested the upgraded version of the NULS mainnet browser. Assisted NTC to release the new version of the Ne...

Second Half of November in 2023 / NULS Explorer Updated Version is Now Live

4 Dec 2023 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Upgraded the NULS main-net version and subsequent procedures. Started to develop and test the upgraded version of the NU...

First Half of November in 2023 / NULS POCM LP Mode is Now Live

18 Nov 2023 4 minute read 1 comment NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Conducted performance optimization testing and release for the underlying NULS platform. Undertook functional transforma...

NULS Launched LP Mode on SCO Staking Platform

12 Nov 2023 1 minute read 0 comments NULS

We’re pleased to announce that the LP mode is now live on NULS SCO staking platform! This action addresses the lack of liquidity issues in some SCO projects. It creates a better trading experience for SCO stakers while enhancing the variety of tradin...