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.


Announcement of NULS Nodes Updated to v2.14.0

7 Jul 2022 1 minute read 0 comments NULS

To NULS community The latest version (v2.14.0) of NULS nodes was released at 10:20 AM (UTC+8) July 7th, 2022. The new protocol will take effect when block heights reach 10,000 after 80% mainnet nodes complete updating.   NULS Nodes V2.14.0 Details S...

The Second Half of June in 2022 /NULS ecosystem is growing at a stable pace

4 Jul 2022 3 minute read 0 comments NULS

NULS community briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Completed the functional development and testing of NULS network supporting and internal deployment contracts. Assisted...

The First Half of Jun in 2022/NerveBridge supported 5 new blockchains

19 Jun 2022 3 minute read 0 comments NULS

NULS community briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance     ◢ Technical Progress Oracle on NULS network is now in the designing and developing stage. Develop and test the bottom layer of the NULS net...

NULS Consensus Rewards Mechanism Explained

17 Jun 2022 4 minute read 0 comments NULS

In June 2019, Berzeck, a NULS NTC developer, submitted a NULS proposal that set a maximum supply for NULS coins. The proposal was accepted by 97.23% of the community voters. Today, Berzeck is the NULS Western Director. Before Berzeck’s proposal, NUL...

How NULS solutions leverage cross-chain technology

7 Jun 2022 3 minute read 0 comments NULS

Think of a scenario where all blockchains are connected, exchanging information and values with each other. But how would that happen if cryptocurrencies work on different platforms? Also, where does NULS come in with its solutions in this case? How...

Announcement of NerveNetwork Updated to v1.21.0

6 Jun 2022 1 minute read 0 comments NULS

To NerveNetwork Community: The latest version of NerveNetwork mainnet node (v1.21.0) has already been released on 6th Jun 9:30 (UTC +8) . The new protocol will take effect after block heights reach to 29528000 on ETA 8th Jun 8:00 (UTC+8).   Some New...

NULS MESSAGE SIGNATURE DAPP !

5 Jun 2022 1 minute read 0 comments Criptos_Brasil

ENSURING THE SECURITY AND INTEGRITY OF DATA IS THE NATURAL PRINCIPLE GOVERNING BLOCKCHAIN ​​TECHNOLOGY. THE NEED TO KEEP CONFIDENTIAL DATA SECURE AND PROVEN UNCHANGED BECOMES EVEN MORE NECESSARY IN THE AREAS OF COMMUNICATIONS. WITH THE NULS MESSAGE S...

The Second Half of May in 2022/NULS EVM proposal is being voted

4 Jun 2022 4 minute read 3 comments NULS

NULS community briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assisted NTC in the testing stage of Nerve2.0 multi-router section, it is now released in the mainnet. Assisted NTC to o...

NULS POCM and the evolution in funding methods for projects

2 Jun 2022 3 minute read 0 comments NULS

It is true that ICOs are no longer unanimous. A lot has changed since the boom of the so-called Initial Coin Offerings between 2017 and 2018, including the emergence of new (and more reliable) mechanisms aimed at the benefit of both the investor, who...

The First Half of May in 2022/The Accelerator of NULS ecosystem — NULS POCM

18 May 2022 3 minute read 0 comments NULS

NULS community briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assisted NTC to proceed with the integration of NerveBridge to TRON network. The test run is now completed and it’s read...