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 and NerveNetwork Partners with BonFi

11 Dec 2020 2 minute read 0 comments NULS

Today we are delighted to announce a strategic partnership with BonFi. This partnership is sealed with a Memorandum of Understanding (MOU) that outlines the planned partnership parameters and future joint initiatives. Both teams agree to drive innova...

NULS Strengthens Partnership With Morpheus Labs

10 Dec 2020 3 minute read 0 comments NULS

Partnership Update Today, we are proud to announce the addition of the NULS ChainFactory blockchain solution to the Morpheus Labs App Library version 2.0. Morpheus provides a Blockchain Platform As a Service (BPaaS) called SEED. Morpheus Labs and NUL...

NULS/Nerve and Peet DeFi Form Partnership

10 Dec 2020 2 minute read 0 comments NULS

Today, we are very pleased to share a new partnership with Peet DeFi, a decentralized financial platform which seeks to offer real-world asset collateralization and high return yield farming to its users. What is Peet DeFi? Peet DeFi is a platform of...

NULS Bi-Monthly Report — Second Half of November

9 Dec 2020 3 minute read 0 comments NULS

Technological Progress NerveNetwork officially opened up the assets mutual circulation among the public chains of ETH, BSC and NULS; The review of the new version of Nabox UI is complete, and both IOS and Android terminal have begun developing; Opti...

Earhart Listing Soon on NerveDEX

8 Dec 2020 3 minute read 0 comments NULS

Fasten Your Seatbelts. Another one from NULS’ diverse list of POCM projects is taking flight — Earhart. https://nervedex.com/trading/index Earhart’s partnership with NULS is blockchain in Aviation personified. Since Earhart’s launch, NULS has committ...

NerveNetwork NOW Supports Huobi Token (HT) Cross-Chain Staking

8 Dec 2020 1 minute read 0 comments NULS

We would like to officially announce today the support of Huobi Token (HT) assets to participate in cross-chain staking with a current annualized rate of 10.53% return. NULS heterogeneous project NerveNetwork currently supports cross-chain inter...

NerveNetwork NOW Supports OKB Cross-chain Staking

8 Dec 2020 1 minute read 0 comments NULS

  We would like to officially announce today the support of OKB assets to participate in cross-chain staking with a current annualized rate of 10.49% return. NULS heterogeneous project NerveNetwork currently supports cross-chain interoperability betw...

NULS POCM Project Earhart Listing Soon on NerveDEX

8 Dec 2020 3 minute read 0 comments NULS

Fasten Your Seatbelts. Another one from NULS’ diverse list of POCM projects is taking flight — Earhart. https://nervedex.com/trading/index Earhart’s partnership with NULS is blockchain in Aviation personified. Since Earhart’s launch, NULS has committ...

NABOX Tutorial For Android

8 Dec 2020 1 minute read 0 comments NULS

The NULS Wallet for Android In this tutorial we explain three basic processes of NABOX Creation, backup, and exploration. 1. Create Wallet Download the Nabox Android App from the Google Play Store. Agree to Install. Choose your language and currenc...

NULS + Ankr announce strategic cooperation

30 Nov 2020 1 minute read 0 comments NULS

We are happy to announce that we have entered in a strategic cooperation with Ankr, Ankr is building a marketplace for container based cloud services using shared resources. As part of the ecosystem cooperation, Ankr will provide fast node deployment...