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 Raises $3.4M Led by Ape Terminal to Support AI-Centric Pivot

17 Jan 2025 1 minute read 2 comments NULS

We are thrilled to announce that Ape Terminal has officially completed its acquisition of NULS and committed a $3.4 million investment to foster the development of AI innovation within NULS ecosystem, establishing a state-of-the-art AI ecosystem. Thi...

NULS Rebranding and Symbol Update Proposal

21 Jan 2025 5 minute read 0 comments NULS

AI Economy The artificial intelligence (AI) industry has witnessed exponential growth in recent years, now boasting a valuation exceeding $10 trillion. This surge in interest is reflected in global search trends. According to Google Trends, searches...

NULS Partners with Nexera to push RWA tokenization, institutional adoption, and secure interoperability

25 Dec 2024 2 minute read 2 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assisted NTC in planning and designing AI products. Assisted NTC in integrating NerveNetwork with Solana network. Provid...

NerveNetwork connected Turingbitchain to NULS

3 Jan 2025 2 minute read 0 comments NULS

NULS Community Briefing / The 2nd Half of December 2024   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assisted NTC in developing and testing NULS NFT products. Assisted NTC in crosschain int...

Second Half of October 2024 / Assisted NTC to integrate Solana Network

9 Nov 2024 2 minute read 4 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Maintained NULS network stability. Assisted NTC with the integration of Solana network. Follow-up tasks completed after...

Second Half of July in 2023 / NERC20 Pass Card NFTs are being Distributed to the Community

3 Aug 2023 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Released the latest NULS mainnet version: v2.16.0. NULS browser optimization design confirmed. Optimized the underlying...

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...

NerveNetwork Builds Crosschain Bridge for Kava Network Projects

24 Jun 2023 2 minute read 14 comments NULS

What is NerveNetwork NerveNetwork, established in 2019, is a decentralized digital asset service network developed using NULS’s ChainBox technology. NerveNetwork aims to break the isolated value island of the blockchain, establish a network that is s...

Build a Customized blockchain NULS ChainBox

26 May 2023 2 minute read 4 comments NULS

NULS ChainBox and its Quick Start Manual It’s no longer a secret that big business is moving into the blockchain, will you get left behind or ahead of the curve? Blockchain can optimize your business, increase efficiency, and make your job easier, so...

NULS 2024 WRAP-UP

1 Jan 2025 2 minute read 1 comment NULS

Today, at the end of 2024, we‘d like to take this opportunity to reflect upon the year’s achievements. Through the concerted efforts from the NULS community, we have reached significant milestones and made groundbreaking progress. In a year marked by...