Nuls (NULS)

404 Articles 6 Followers

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 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...

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 Improvement Proposal: Earn Incomes from NFTs

5 Nov 2024 2 minute read 1 comment NULS

On the NULS forum, communities are always seeking interesting financial ideas to scale the entire ecosystem. Today, Reaper, NULS's cofounder, published a proposal to “Earn income from NFTs.” Summary In this proposal, an NFT Income Platform was mentio...

Announcement of Permanent Suspension of NULS Web Wallet Service

30 Aug 2023 1 minute read 0 comments NULS

Dear the NULS Community NULS is glad to share with you the latest launch of NULS light wallet (v2.5.3). At the same time, we are sorry to inform that the NULS web wallet will no longer be available after 30th September. More details about the announc...

Second Half of August in 2023 / NULS Web Wallet Service Will be Permanently Suspended on 4th Sep

3 Sep 2023 3 minute read 2 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Conducted NULS underlying performance optimization and testing. Tested and released NULS Light Wallet version 2.5.3. Dev...

NULS Ecosystem Developing Highlights in 2023

23 Aug 2023 3 minute read 0 comments NULS

Since the launch of the ENULS mainnet in March of this year, we have been consistently inviting more projects to collaborate with us in building the NULS ecosystem. Over the past few months, we have garnered support from numerous partners and activel...

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...

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...

Nexera and NULS Partner to Advance Real-World Asset Tokenization, Institutional Adoption, and Secure Interoperability

2 Dec 2024 2 minute read 2 comments NULS

December 2024 — Nexera Network and NULS are pleased to announce a strategic partnership that merges Nexera’s advanced middleware with NULS’ modular blockchain infrastructure to facilitate real-world asset (RWA) tokenization, drive institutional adopt...