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 nodes updated to v2.10.0

13 Dec 2021 1 minute read 0 comments NULS

Announcement of updating NULS nodes to v2.10.0 To NULS community We have released a new NULS mainnet wallet upgrade version (v2.10.0) at 10:30 (UTC + 8) on December 13 2021. The new protocol will take effect at a height of 10,000 blocks after the nod...

Coin Healthcheck: NULS

8 Dec 2021 2 minute read 0 comments DailyCoin

Visit DailyCoin for more articles About NULS is the token of Nuls.io, an enterprise-grade blockchain infrastructure that offers a modular microservice-based framework aimed at helping to make dApp development faster, cheaper, and easier. Launched bac...

NULS community briefing for the Second Half of November 2021

2 Dec 2021 2 minute read 1 comment NULS

◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress: Optimized POCM issues and bugs, adjusted POCM UI, added new functions that allows users to unstake NULS partially. Optimized NerveBridge DApp, ad...

Understanding how Nulswap and DeFi can catapolt NULS Blockchain to another Universe

30 Nov 2021 2 minute read 1 comment nulswap

DeFi … DeFi … DeFi … DeFi is not just a buzz word, it is something that is revolutionizing the world and the way we interact with the economy and finance. It is no coincidence that all blockchains we know today are betting heavily on dapps using the...

NULS community briefing for the First Half of November 2021

15 Nov 2021 2 minute read 0 comments NULS

◢ Topics: Technical Progress SCO Collaboration & Trading Other News Community Governance   ◢ Technical Progress: POCM updated on NULS main net, we optimized the UI and some function. Nerve Page Wallet upgraded, support the chain asset as the cross...

NULS POCM Upgrade Announcement

8 Nov 2021 2 minute read 0 comments NULS

Dear NULS Community Members: NULS POCM (Proof of Credit Mining) platform was established in July 2019, the number of our SCO partners has increased 10 times within 2 years. Some of the SCO projects such as ALEPH, GGTK, SmaugsNFT have accomplished ama...

NULS community briefing for the Second Half of October in 2021

2 Nov 2021 2 minute read 0 comments NULS

◢ Topics: Technical Progress SCO Collaboration & Trading Other News   ◢ Technical Progress The second round of POCM testing has been completed, ready to enter the final phase. Assist NTC to upgrade NerveNetwork to v1.15.0, added TRON network to th...

NerveNetwork is partnering with TRON

1 Nov 2021 1 minute read 0 comments NULS

NerveNetwork partners with TRON to provide cross chain support for projects on TRON NerveNetwork is partnering with TRON to provide cross-chain support for the projects on the TRON chain to interact with other blockchains. The Nerve team will import...

Rewards Announcement of the Q3 NULS Community Contributor election

20 Oct 2021 2 minute read 1 comment NULS

In Q3 of 2021, NULS community members have done something extraordinary to the community. After almost a month of selection and proposal process. Today, it is the time to announce that we have finally selected the contributors from over 100 candidate...

Announcement on updating NerveNetwork to v1.15.1

18 Oct 2021 1 minute read 0 comments NULS

Hello NerveNetwork community The NerveNetwork mainnet node v1.15.1 has been officially released at 14:00 (UTC+8) on October 18, 2021, and the new protocol will take effect at 9:00 (UTC+8) on October 22, 2021. About the v1.15.1 update Added Tron to t...