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 Ecosystem Decentralized Exchange NerveDEX Officially Launched

23 Sep 2020 6 minute read 1 comment NULS

Technological Progress 1. NTC has added the following web wallet functions for NerveNetwork: lowered threshold for staking, lowered threshold for adding and withdrawal for staking, and supporting batch operation for immediate staking. 2. NTC assisted...

NULS has Implemented Cross-Chain Asset Circulation with ETH Network

23 Sep 2020 1 minute read 0 comments NULS

Through the efforts of NTC members, NULS has now implemented cross-chain circulation between assets on the NULS and ETH network. Currently, the following functions have been implemented: 1.NULS, NRC20, heterogeneous cross-chain assets, NVT and other...

NerveNetwork has Implemented Cross-Chain Asset Circulation with ETH Network

23 Sep 2020 1 minute read 0 comments NULS

Through the efforts of NTC members, NerveNetwork has now implemented cross-chain circulation between assets on the NerveNetwork and ETH network. Users can exchange ENVT for NVT on NerveDex . Currently, the following functions have been implemented: 1...

Announcement: NerveNetwork V1.4.0 Upgrade

22 Sep 2020 1 minute read 0 comments NULS

Hello NerveNetwork community, Heterogeneous cross-chain is an important characteristic of the NerveNetwork. Hence, development progress, user experience and so on has been vital for a better cross-chain experience. Connecting the Nerve chain (includi...

RECAP - NULS x RampDefi AMA from 18 September

22 Sep 2020 11 minute read 0 comments NULS

Introduction RAMP DEFI focuses on unlocking liquid capital from staked digital assets, allowing users to “recycle” staked capital without giving up their staking rewards or capital appreciation potential. Using RAMP smart contracts, users collaterali...

RECAP - NULS x SatoshiClub AMA from 10 September

18 Sep 2020 17 minute read 0 comments NULS

People who invest in the future are realists. (с) Satoshi Club, as well as our guest today, are focused on the future. And we would like to tell you about the AMA session with our friends from NULS. The AMA took place on September 09 and our guest wa...

We're proud to share a new partnership with #Earhart

13 Sep 2020 4 minute read 0 comments NULS

Earhart — The Blockchain Adoption in Aviation Industry Earhart is excited to announce our partnership with NULS to deliver liquid staking for NULS token holders. NULS is an open-source, enterprise-grade, adaptive blockchain platform that offers fast-...

Calling all NULS Ambassador candidates for October November and December 2020

11 Sep 2020 2 minute read 0 comments NULS

NULS is a community driven project and the Ambassadorship is our flagship program to support individuals passionate about NULS in their local Regions. It is our way of incentivizing, rewarding and recognising individuals that want to get involved to...

We're excited to share that #NULS has been integrated into the @PolisPayApp Wallet.

8 Sep 2020 1 minute read 0 comments NULS

After a long process and work in conjunction with the innovative minds and hard-working developers from the Polis project, we are glad to announce the inclusion of NULS to the PolisPay payment platform. Even as cryptocurrency and its community of use...

NULS ChainFactory Application Project-count Exceeds 100

6 Sep 2020 4 minute read 0 comments NULS

NULS Bimonthly Report - Second Half of August Technological progress 1. NULS desktop wallet v2.4.4 was released, which optimizes the transfer displaying function and supports display of locked NRC20 tokens. 2. Nabox Android v1.0.9 was released which...