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 Bi-Monthly Report - First Half of June 2021

3 Jul 2021 3 minute read 1 comment NULS

◢ Topics: Technical Progress SCO Trading Community   ◢ Technical Progress Completed enabling the connection between the Nabox Chrome plugin and the SCO/POCM platform. Completed SWFT Blockchain access to our NerveBridge dapp, enabling more assets t...

NULS Community Briefing

28 Jun 2021 3 minute read 0 comments NULS

For the Second half of May 2021 Technical Progress SCO Trading Community   # Technical Progress NerveNetwork v1.12.0 is released. This version includes: Support special ERC-20 assets cross-chain. Support for OKT, the OKExChain main asset. OKT can...

Q2 2021 NULS Community Contributors Recognition

25 Jun 2021 1 minute read 0 comments NULS

Only 4 years from 2017 to 2021   We have already loved NULS for 1460 days! Open to all NULS community members, (except for core team members, NTC members, ambassadors and NULStars). Reward: 100 NULS each Deadline: June 30, 2021 In the first half of 2...

Calling All NULS Q3 Ambassador Candidates

25 Jun 2021 2 minute read 0 comments NULS

NULS is a community-driven project, and the Ambassadorship is our flagship program to support individuals who are passionate about NULS in their local regions. It is our way of incentivizing and recognizing individuals who want to be involved — going...

NULS Bi-Monthly Report

4 Jun 2021 4 minute read 0 comments NULS

Technical Progress SCO Trading Other News Community # Technical Progress for NULS and Nerve Developed and released Nabox Chrome plug-in version 1.0.4, which includes increased support for the OKExChain network. Continued development and testing f...

NULS in Action — Part One

1 Jun 2021 3 minute read 0 comments NULS

Why Blockchain? While some blockchain projects seem to have the sole purpose of storing value, others are trying to solve real-world problems like poverty, pollution and housing. Some blockchains projects are also software platforms capable of spawni...

Shield Finance + NULS + NERVE Network Partnership

31 May 2021 2 minute read 0 comments NULS

Shield Finance will deploy Market Crash Protection contracts for NULS + NULS will provide access to SCO program. Nerve Network Will enable the ability to make cross-chain transaction for Shield Finance assets Shield Finance ($SHLD) is excited to anno...

April Bi-Monthly Report

18 May 2021 4 minute read 0 comments NULS

# Topics: Technical Progress SCO Platform Trading Other News Community Governance Technical Progress   # Technical Progress Continued development and testing of Chrome plug-ins. This includes optimizing the performance and UI interaction of the h...

NULS Brand Upgrade Signals Growth, New Momentum to Developer Community

2 May 2021 1 minute read 0 comments NULS

Today, NULS launched its new identity platform. This new revitalized identity signals to stakeholders, its developer community, and customers the significant progress made over the past year. NULS is an open-source, enterprise-grade, adaptive blockch...

NULS Ambassadors Voting Results

27 Apr 2021 2 minute read 0 comments NULS

NULS is a community-driven project, and the Ambassadorship is our flagship program supporting individuals who are passionate about NULS in their local regions. It is our way of incentivizing and recognizing individuals who want to be involved by goin...