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.


Welcome our FIFTH new strategic partner...

10 Jun 2020 1 minute read 0 comments NULS

Consensus Lab is an institutional investor engaged in the research, investment and incubation integration of projects in the blockchain field. Find out more: https://consensus-lab.com/index.html# About Consensus Lab: Consensus Lab is an institutiona...

Our FOURTH new strategic partner is...

7 Jun 2020 1 minute read 0 comments NULS

CRC is a blockchain investment bank founded by senior executives from top investment institutions in China, dedicated to providing institutional investment banking services.https://crc.capital About CRC CAPITAL CRC is a Beijing-based boutique invest...

NULS Bimonthly Report -- Second Half of May

5 Jun 2020 4 minute read 0 comments NULS

Technological Progress NerveNetwork explorer and wallet development has been completed by NULS NTC. Both the explorer and wallet are going through testing phase. Some new enhancements and fixes were added to maininet with node wallet V2.6.0 upgrade. ...

Introducing the THIRD of our new strategic partners. #BN_Capital

4 Jun 2020 1 minute read 0 comments NULS

BN Capital invests in high-quality Blockchain projects from around the world, helping projects achieve better implementation and development. Find out more here. http://bncapital.one/en/ About BNCEstablished in early 2017, BN Capital is a well-known...

Cross-chain Rising Star NerveNetwork: Building Bitcoin’s Cross-chain “Lightning Network” V3.0

3 Jun 2020 4 minute read 0 comments NULS

Bitcoin’s much-anticipated third halving occurred on May 11, 2020. After the halving, its block reward reduced from 12.5 to 6.25 per blocks mined. This had an immediate effect of reducing miners’ earnings and causing the network hash rate to drop sha...

Introducing the second of our new strategic partners. #Chain_Capital

2 Jun 2020 1 minute read 0 comments NULS

Chain Capital is a blockchain investment fund that has extensive investment experience in digital currencies and stock funds. About Chain Capital: Chain Capital was established in April 2015. The teams covered in Silicon Valley, Toronto, Singapore,...

Introducing the first of our strategic partners. #Waterdrip_Capital

1 Jun 2020 1 minute read 1 comment NULS

  Waterdrip is a blockchain fund focusing on the investment towards crypto ecosystems. We're grateful to have them on board with #NULS The blockchain underlying technology and the blockchain scene constructions. Its founding partners are also the exp...

NULS Mainnet Wallet V2.6.0 Upgrade

1 Jun 2020 1 minute read 0 comments NULS

Dear NULS Community, NULS team plans to initiate a mainnet node wallet upgrade to V2.6.0 on June 2, 2020 (GMT+8 14:00). The V2.6.0 node wallet upgrade is mandatory. Once 80% of the consensus nodes have been upgraded to the latest version, the chain...

Hello World, I am Nerve - The Bridge of Blockchain Value Circulation

27 May 2020 3 minute read 0 comments NULS

What is Nerve? Nerve is a decentralized digital asset service network, which is a set of cross-chain interactive protocols based on the NULS microservice framework and developed with the NULS chain-building tool — ChainBox. It aims to break the statu...

NULS Bimonthly Report -- First Half of May

23 May 2020 3 minute read 0 comments NULS

Technological Progress NDEX core product and features developed, internal Alpha testing completed. NDEX Beta open community testing underway. NerveNetwork Wallet and its Explorer are in the final stages of development with the assistance of NULS NTC....