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.


The 7th Anniversary Letter to NULS Community

27 Sep 2024 1 minute read 0 comments NULS

Dear esteemed NULS community, partners, and friends: Greetings! On this momentous occasion, we celebrate NULS’s 7th anniversary with great excitement and pride. Over the past seven years, NULS has encountered numerous challenges and opportunities, ev...

First Half of September 2024 / NEII Introduced Oracle to NULS Ecosystem

20 Sep 2024 3 minute read 1 comment NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Started follow-up test after the release of the NULS v2.20.0 started development and testing work for NULS 2.21.0. Assis...

Where NULS Crypto Coin Is Headed After The Breakout!

3 Sep 2024 2 minute read 0 comments moon333

  Introduction Hello everyone! I hope you're doing well. In this article, we'll explore the recent developments surrounding NULS coin (NULS) and analyze its technical movements. We previously discussed how NULS broke out of both a long-term down cha...

NULS Ecosystem Ignition Initiative

26 Aug 2024 4 minute read 1 comment NULS

The initiative was started by community developer — Pedro FerreiraThe NULS Foundation believes that this plan can better help the development of the NULS Ecosystem, and we support the implementation of this plan. NULS Ecosystem Ignition Initiative NU...

Second Half of July 2024 / NULS Launched Giveaway with SuissePad

7 Aug 2024 2 minute read 3 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assisted NTC in testing and releasing the new version of NerveNetwork. Optimized and tested the NULS cross-chain feature...

coNFT.app Deployed Domain Service in NULS Ecosystem

18 Jul 2024 4 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assist NTC in optimizing the nerve cross-chain network protocol Optimize and test the NULS cross-chain protocol Assist N...

NULS Coin is Now Listed on Onramp.money

3 Jul 2024 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Tested and modified the NULS cross-chain module functionality. Tested and optimized the new NULS code. Tested and troubl...

NULS Rebranding and New Product Designing is in Progress

6 Jun 2024 3 minute read 1 comment NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Optimized some community products. BTC/ETH implementation for NULS main-net gas fee is in progress. Optimize the design...

NIP-9 Proposal Implementation is in Progress

16 May 2024 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assisted NTC in integrating Nerve cross-chain protocol. Assisted NTC in completing BTC cross-chain protocol. NIP-9 imple...

Discover the Staking Opportunity in NULS Ecosystem

9 May 2024 2 minute read 1 comment NULS

Meet the Staking Rewards Provided in a Growing Ecosystem DeFi protocols are essential in the crypto world, staking makes perfect sense in a decentralized blockchain. NULS, as proof of stake blockchain, offers NULS holders various staking options. In...