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 community briefing for First Half of January in 2022

18 Jan 2022 3 minute read 2 comments NULS

◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress: WiCompleted Nerve 2.0 platform design and audit, ready to move into development phase. New product will be a combination of wallet, swap and othe...

NULS Blockchain — Born to Defy

14 Jan 2022 7 minute read 2 comments NULS

This article summarizes some features that make NULS unique and why NULS is one of the best blockchains poised to maximize the potential of the new DeFi trend. The NULS token is perhaps the only asset with a deflationary model with inflationary multi...

After The Breakout NULS Coin Is Still Re-Testing A Huge Support Before The Next Move

9 Jan 2022 1 minute read 0 comments moon333

  Hi friends, hope you are well, and welcome to the new update of NULS coin.Big triangle:On the weekly time frame, after breaking out a bit ascending triangle the priceline of NULS is retesting the previous resistance of the triangle as support. NUL...

NULS community briefing for the Second Half of December 2021

3 Jan 2022 3 minute read 11 comments NULS

◢ Topics: Technical Progress SCO Collaboration & Trading Other News Community Governance   ◢ Technical Progress: 1.NULS mainnet updates completed and the new protocol is processing steady. 2. NULS team supported NTC to finish NerveNetwork updates....

After The Breakout NULS Coin Is Re-Testing A Huge Wedge | Massive Move Expected

3 Jan 2022 1 minute read 0 comments moon333

  Hi friends, hope you are well, and welcome to the new update of NULS coin.Retesting of the wedge:On a weekly time frame, NULS has broken out a big rising wedge pattern. After a big pump now it is re-testing the previous resistance of the wedge as...

Liquidity mining on Nerve Main-net is now available

29 Dec 2021 1 minute read 1 comment NULS

Stake LP tokens on Nerve mainnet to earn NVT by adding liquidity on TakerSwap NerveNetwork had a major update just a couple of days ago, which brought some new features to the Nerve ecosystem. One of the greatest change is that now you can stake LP o...

NULS Multi-signature Guide

27 Dec 2021 3 minute read 0 comments NULS

What is multi-signature? Multi-signature, also known as Multi-sig, which is a digital signature that allows multiple users to sign one transaction. To address in a simpler way, an account that is owned, managed, signed by more than one party. In most...

“A Game Changer Update for NerveNetwork”—ChainCatcher

17 Dec 2021 1 minute read 0 comments NULS

December 14th, NerveNetwork officially announced a very significant update: NerveNetwork mainnet has now supported AMA protocol, this brave try enabled LP assets based on NVT (Nerve mainnet asset) to stake on Nerve mainnet earning NVT! Let’s take a l...

NULS community briefing for the First Half of December 2021

17 Dec 2021 3 minute read 1 comment NULS

◢ Topics: Technical Progress SCO Collaboration & Trading Other News Community Governance   ◢ Technical Progress: NULS mainnet nodes were upgraded. Upgrade benefits include improved cross-chain stability. Nerve mainnet nodes were upgraded. Upgrade...

NerveNetwork updated to v1.16.0

14 Dec 2021 1 minute read 0 comments NULS

To the Community: The latest version of NerveNetwork mainnet node (v1.16.0) has released on 14th Dec 11:00 (UTC +8) and the new protocol will take effect on 17th Dec 8:00 (UTC+8). v1.16.0 Update Details 1 - Assets other than NVT will no longer be abl...