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.


Calling All NULS Q2 Ambassador Candidates

19 Mar 2021 2 minute read 0 comments NULS

For April, May, and June 2021 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 w...

NULS/Nerve to Collaborate with DeFi Platform FarSwap

16 Mar 2021 2 minute read 0 comments NULS

We at NULS/Nerve are happy to announce our collaboration with FarSwap. FarSwap is a DeFi software platform currently running on Ethereum. It offers users the opportunity to lend, borrow, buy, and sell cryptocurrency assets while earning rewards. It i...

NULS Bi-Monthly Report for the Second Half of February 2021

12 Mar 2021 4 minute read 0 comments NULS

Topics Covered: NULS Technical Progress NULS SCO Platform NULS Trading NULS Other News NULS Community Governance   NULS Technical Progress Internal testing has begun for the chrome plug-in wallet. Results are being evaluated. NULS is making chang...

PancakeSwap Welcomes NULS to Syrup Pool!

11 Mar 2021 2 minute read 0 comments NULS

CAKE holders, today we are excited to be able to offer you a new Syrup Pool from NULS, an open-source, enterprise-grade, adaptive blockchain platform that offers fast-track business solutions for developers. Featuring microservices, smart contracts,...

BonFi available on Nerve Network!

2 Mar 2021 1 minute read 0 comments NULS

A further expansion of our ecosystem and new blockchain interoperability Earlier in January, we launched the NULS-BNF Credit Mining (POCM) initiative. This initiative enables a fair reward mechanism for the decentralized network of node operators...

NULS Monthly Update - March 2021

1 Mar 2021 1 minute read 0 comments NULS

NULS Monthly update #Livestream with Mario Blacutt aka @Berzeck5 The best way to get involved with NULS is to join in! For more information about NULS, visit nuls.io and join the conversation on Telegram or Reddit. Make sure to follow NULS on Twitte...

NULS/Nerve Working with Sonergy in the Market Research Space

19 Feb 2021 2 minute read 1 comment NULS

NULS/Nerve is pleased to announce a collaboration between the two projects of NULS/Nerve and Sonergy. Sonergy assists businesses and researchers in gathering quality, useful and verified information for businesses. Their mission is to revolutionize t...

MesChain Automates Manufacturing with NULS/Nerve

16 Feb 2021 2 minute read 0 comments NULS

We are delighted to announce a collaboration between NULS/Nerve and MesChain, a factory-automation blockchain project. The goal is to use blockchain to improve the manufacturing experience from raw material to finished product. MesChain will start in...

GiftedHands (GHD) Joins NULS/Nerve

10 Feb 2021 1 minute read 0 comments NULS

Out of Italy, the GiftedHands project and GHD token will join the NULS/Nerve SCO platform. This means that participants will soon be able to stake NULS for GHD, supporting this new cryptocurrency project. GiftedHands supplies cryptocurrency solutions...

Nydronia Collaborates with NULS/Nerve

10 Feb 2021 1 minute read 0 comments NULS

Nydronia (NIA) is a stablecoin token backed by real world assets from various industries. Asset tokenization converts ownership rights of something into a digital token on a blockchain. Tokenization of real-world assets helps reduce trade barriers an...