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 community councilor’s Work report in October 2020

10 Nov 2020 4 minute read 0 comments NULS

In October 2020, 9 councilors submitted their work reports. The specific contents are as follows (in the following order of submission) @Lily Work summary of October: Organize/convene/host/guide the work of the community council toward a more effic...

NERVE (NVT) Listed on Bittrex Ahead of Nerve-Binance Cross-Chain Completion

9 Nov 2020 1 minute read 0 comments NULS

Today, NERVE gains momentum and is now listed on the leading crypto exchange Bittrex. Nerve is a decentralized digital asset service network and a blockchain cross-chain interaction protocol based on Nulstar, the NULS’ microservice framework and deve...

NULS Joins The Flipside Data Cooperative

9 Nov 2020 1 minute read 0 comments NULS

The Flipside Data Cooperative is a #transparency initiative for partner networks to showcase their on-chain activity publicly. It provides unparalleled insights & data into NULS’ health as a project. Access Here NULS is the latest in a series of blo...

Now is the best time to build your #blockchain with #NULS

7 Nov 2020 1 minute read 0 comments NULS

We're offering individuals and businesses the opportunity to utilize NULS to build their own blockchain at no cost. Get in touch with our team today. http://factory.nuls.io What is the Chain Factory Chain Factory (factory.nuls.io) is a blockchain dev...

NULS Bimonthly Report for the Second Half of October 2020

6 Nov 2020 5 minute read 1 comment NULS

Technological Progress The design of the new version of Nabox wallet was completed. This will become a multi-chain wallet with supporting multiple cross-chain transactions; The testing of IOS Nabox was completed and will be submitted for review and...

RECAP - AMA Cryptofun X Nerve Network

4 Nov 2020 12 minute read 0 comments NULS

Hi, In this AMA Recap we will try to summarise the most interesting points for you. We will start an AMA with Nerve Network and we have AMA STRUCTURE & RULES bellow AMA Cryptofun X Nerve Network Speaker : Mr. Berzeck ( CEO of nerve network ) PRESENT...

RECAP - NULS x Earhart AMA from October 30th

30 Oct 2020 11 minute read 1 comment NULS

Hi, In this AMA Recap we will try to summarise the most interesting points for you. Super (Earhart): Good Day everybody. Thank you for being here in our first AMA. Our great @Berzeck1 will be helping in the coordination of the AMA. We will divide int...

Top NULS Contributors of Q3 2020

29 Oct 2020 1 minute read 0 comments NULS

In three years, we have gone through our fair share of ups and downs. And with this, we would like to recognize the ones with the thicker skin and strong hands. The ones with passion and fire in their hearts for NULS, always willing to put out a stro...

Announcement: NULS Version 2.7.0 has been released

28 Oct 2020 1 minute read 0 comments NULS

Dear NULS community, The V2.7.0 version https://github.com/nuls-io/nuls-v2/releases of the NULS node program has been released. As this upgrade involves protocol updates, it will optimize the operating mechanism of the underlying cross-chain transact...

NULS Bimonthly Report for the First Half of October

23 Oct 2020 4 minute read 0 comments NULS

Technological Progress 1. Designing of Nabox plug-in on Chrome has been reviewed completely and is now under development. 2. Nabox IOS has been developed completely. This will support the cross-chain transfer function and has currently entered its te...