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.


Cross-Chain Milestone: NerveNetwork Connects ETH, BSC, and NULS

21 Dec 2020 1 minute read 0 comments NULS

NerveNetwork has achieved a cross-chain milestone with a brand-new link to the Binance Smart Chain (BSC). Binance assets BNB and BEP20 are now movable between Binance and Nerve using cross-chain transactions. From there, the owner can transfer thes...

Fund Your Project Using NULS POCM

18 Dec 2020 1 minute read 0 comments NULS

With Proof of Credit Mining (POCM), any person or business can jump-start a project and issue tokens. POCM is one of NULS’ most innovative products. Companies can promote their tokens within a fast-growing community. Participants stake their NULS to...

NerveNetwork — SlowMist and ChainsGuard Code Audits Complete

16 Dec 2020 1 minute read 0 comments NULS

NerveNetwork Code Audits Complete We are pleased to announce NerveNetwork has passed two important security audits with flying colors. Audits by Chainsguard and SlowMist Technology were just completed. The results are linked below. Cross-chain Module...

NULS and YVS Finance Form Partnership

16 Dec 2020 1 minute read 0 comments NULS

  The NULS team is delighted to announce a new partnership with YVS Finance, an innovative project offering a unique DeFi solution. We would like to offer a warm welcome to our new partner and we look forward to a promising collaboration. What is YVS...

NerveNetwork Main-Net Supports ETH and BNB Liquidity Cross-Chain Mining

15 Dec 2020 1 minute read 3 comments NULS

We have added the following assets to NerveNetwork to participate in cross-chain staking: NVT-ETH UNI-V2-LP NVT-BNB Cake-LP   This will promote NerveNetwork cross-chain scenarios and the liquidity of NVT assets.   The reward for the first 30 days:...

Food, Trade, and NULS Blockchain

15 Dec 2020 2 minute read 0 comments NULS

In 2019, the Singapore Food agency quality-tested 3825 units of fruits and vegetables from April through December. Almost 500 (13%) failed their quality test because of too many chemicals and pesticide residues. Southeast Asia is among those affected...

Partners, Projects & Upgrades

14 Dec 2020 1 minute read 0 comments NULS

What a week! We warned you of the action pack week that was! We’ve collected the biggest highlights for you, including partnership updates, new SCO projects, new partners & information regarding network upgrades. Bonus International News China A youn...

NULS Main-Net Upgrade V2.8.0

14 Dec 2020 1 minute read 0 comments NULS

Dear NULS Community Members: We’ve released a new NULS main-net wallet upgrade version V2.8.0 on December 14, 2020 (GMT+8 15:00). This upgrade is mandatory, and the new protocol will take effect at a high level of 20,000 blocks after the node upgrade...

NULS Ambassadors Q1 — 2021

13 Dec 2020 2 minute read 0 comments NULS

Calling All NULS Q1 Ambassador Candidates for January, February, and March 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...

More Crypto Games Coming to NULS Blockchain

11 Dec 2020 1 minute read 0 comments NULS

We are very pleased to announce our partnership with Cyclops Finance(AKA Cyclops Game). A hybrid DeFi project, Cyclops develops highly customizable blockchain solutions for gaming. Cyclops combines the concepts of DeFi yield farming and asset identit...