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 — Second Half of January 2021 Briefing

9 Feb 2021 5 minute read 0 comments NULS

Technological Progress NULS has developed and is testing the chrome plug-in to optimize the UI layout of the chrome plug-in wallet. Based upon testing, the wallet homepage was modified. NULS will be testing the transfer page. NULS updated the main-n...

Katalyo No-Code Blockchain Building Tools and NULS

8 Feb 2021 1 minute read 0 comments NULS

NULS/Nerve is excited to announce its support and collaboration with the Katalyo project. Katalyo will use NULS for its level-one infrastructure technology to provide its no-code tools to aspiring Dapp builders. Katalyo tools will make it easier for...

NULS/Nerve Collaborates with Egoras to Offer Small Business Low-Interest Microcredit

7 Feb 2021 2 minute read 1 comment NULS

NULS/Nerve is pleased to welcome Egoras to its network. NULS/Nerve and Egoras will work together using the NULS SCO program and smart contracts to develop uncollateralized micro-credit offerings to enterprises once struggling to access mainstream ban...

NULS Q4 Top 5 Contributors

4 Feb 2021 2 minute read 0 comments NULS

Election Results In response to everyone who loved and supported NULS during this bear market, we initiated the Q4 2020 NULS Community Contributors Recognition Award. After nearly one month of voting, the NULS community has selected the top 5 contrib...

RECAP - NULS x Cryptodiffer from 26th January

31 Jan 2021 21 minute read 0 comments NULS

Thanks a lot for actively participating in the Cryptodiffer AMA held on 26th January 2021 on Cryptodiffer Telegram Channel. We really appreciate all your support. This post is a recap of the entire session held with Cryptodiffer. Cryptodiffer Team: H...

RECAP - NULS x Token Republic from 27th January

28 Jan 2021 12 minute read 0 comments NULS

Thanks a lot for actively participating in the Token Republic AMA held on 27th January 2021 on NULS Telegram Channel. We really appreciate all your support. This post is a recap of the entire session held with Token Republic Berzeck (NULS): Hello NUL...

NULS/Nerve Eases Gas Fees for Heco Crossings

28 Jan 2021 1 minute read 0 comments NULS

NULS/NerveNetwork is now subsidizing gas fees for NULS/Nerve cross-chain project connections to Huobi ECO Chain (Heco). Nerve and Heco have already established cross-chain asset circulation. The idea is to encourage Nerve/Heco projects and ease the b...

NULS Bi-Monthly Report — First Half of January 2021 Briefing

23 Jan 2021 5 minute read 0 comments NULS

Technological Progress Develop chrome plug-ins, and conduct joint debugging tests with the back end. Work with NTC to provide web wallet support of the HECO network, enabling user assets to flow freely between Nerve and HECO network. Internal debugg...

NULS/Nerve Collaborates with RiveX

21 Jan 2021 1 minute read 0 comments NULS

We at NULS/Nerve are delighted to announce our collaboration with RiveX — a chain agnostic interoperable solution across different blockchain protocols. RiveX aims to empower the next generation of decentralized applications, decentralized finance, a...

NULS/Nerve Collaboration with MyCryptoPlay

21 Jan 2021 1 minute read 0 comments NULS

NULS/Nerve is delighted to announce a collaboration with MyCryptoPlay. MCP is a leading blockchain-based real-time fantasy trading platform that enables participation in various cryptocurrency price prediction contests. Compete with peers all around...