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.


Options will be available on NerveDEX

22 Oct 2020 1 minute read 0 comments NULS

Introduction: NVT_OPTION_05 is a NVT option certificate issued by Nerve Foundation. The Nerve Foundation pledged 1,000,000NVT as an underlying option subject to issue a total of 1,000,000 NVT_OPTION_05 options. Name:NVT_05. And the pledge address is...

NULS Ambassadors Voting Results of the Fourth Quarter 2020

19 Oct 2020 1 minute read 0 comments NULS

NULS is a community-driven global open source project. The open, free, autonomous and evolutionary community spirit has always driven its development.Community is the soul of NULS. The role of a NULS Ambassador is to lead the development of the commu...

RECAP - NULS x BINANCE AMA from 14 October

14 Oct 2020 16 minute read 0 comments NULS

Hi, In this AMA Recap we will try to summarise the most interesting points for you. Zest (Binance Nigeria): It's my pleasure to welcome you to another exciting AMA. This time with the NULS team. Just a quick recap... As those who participated in our...

NULS Bi-monthly Report for the Second Half of September 2020

12 Oct 2020 5 minute read 0 comments NULS

Technological Progress Nerve wallet was docking Metamask, and now it supports one-step operation to cross-chain transfer ETH or other ERC20 assets from the Ethereum network to NerveNetwork. NTC continues to develop the Nabox IOS version which will s...

Got NULS? - POCM is your friend - risk free staking of NULS

11 Oct 2020 1 minute read 1 comment mdizzy

  Have you recently looked under your couch cushion and realized you have some spare NULS lying around; but not quite the 2,000 minimum needed to stake directly onchain into a delegate node? Well, you are in luck!  For as little as 100 NULS (about t...

Goblins, Aeroplanes, DeFi, oh my!

3 Oct 2020 2 minute read 0 comments NULS

There is a buzz in the NULS community this week. With a flurry of new projects joining the ecosystem, it’s no wonder why more and more people are talking about NULS POCM (Proof of Credit Mining) or SCO (Staked coin output). The excitement has been no...

Revamping Branding and Marketing with Our New Vice President of Brand Management and Marketing Communication — Patric Vogel

28 Sep 2020 2 minute read 0 comments NULS

As an early investor of the global open-source blockchain project, Patric has long been a firm believer in the potential of NULS. Now, he has taken over the leading role in the branding and marketing to further raise awareness and visibility of the p...

Goblinswap is a DEX that based on the NULS and combined NFT.

28 Sep 2020 2 minute read 0 comments NULS

*Introduction GoblinSwap will open the Arahi Mine at 12:00 (UTC+8) on September 29, 2020. GoblinSwap is a decentralized exchange platform, which includes amm, trading as mining and nonfungible tokens (NFT). Goblin will be mined by pledging NULS to sm...

All great things, start from small beginnings.

27 Sep 2020 2 minute read 0 comments NULS

Today we celebrate our birtyday as a company, it all started on September 27th 2017 NULS began it’s journey with it’s first step. Since then the team has taken huge strides to bring cutting edge technological products to customers & users from around...

Q3 2020 NULS Community Contributors Recognition Award

25 Sep 2020 1 minute read 0 comments NULS

Over the past 3 years, the NULS ecosystem has expanded greatly thanks to the help from our NULS community. It’s now time to vote for our biggest, most passionate contributors. In three years we’ve gone through our fair share of ups and downs. We woul...