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.


91,072 NULS Earned Due Chain Factory will be Burned

14 Apr 2020 1 minute read 1 comment NULS

Chain Factory is one of the flagship NULS products that allows third parties to create their own customized blockchains with very little configuration effort. Through NULS Chain Factory, chain builders do not need to delve into the complex underlying...

Hello World, I am Nerve the Bridge of Blockchain Value Circulation

13 Apr 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 stat...

Brief explain about NULS

12 Apr 2020 1 minute read 3 comments RenanBR

Original source: Criptomedia News (criptomedia.com.br) - portuguese https://news.criptomedia.com.br/breve-explicacao-sobre-nuls Original source: Portal Geographia (www.geographia.com.br) - portuguese version Well, before we talk about NULS, we need...

Q&A AMA - Nerve.Network

11 Apr 2020 8 minute read 1 comment NULS

Nerve is Decentralized digital asset service network Below is the AMA transcript:   1) Reaper Ran I have prepared some issues of concern to the community. Can you briefly introduce the Nerve project, what is the most important value of Nerve? Berzec...

The Voting Results of NULS Regional Ambassadors of Second Quarter 2020

10 Apr 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. A NULS Ambassador is a leading guide to community development for a...

NULS will have an AMA with Nerve Network

8 Apr 2020 1 minute read 0 comments NULS

#NULS ecological cross chain project #Nerve which is a decentralized digital asset service network will have an AMA on 10th April. 10 Quiz Questions on Live AMA NULS chat, receive 50 NVT each.* *Quiz questions based on Nerve Whitepaper   Rules:   #...

NULS Mainnet Released V2.5.0 Adding NRC20 Cross-chain Function

7 Apr 2020 1 minute read 0 comments NULS

NULS team has released a new mainnet wallet upgrade V2.5.0 at 3:00 PM April 6, 2020, Singapore time. This version supports NRC20 Token cross-chain transfers. After this version upgrade, NULS main-net NRC20 assets can be transferred to DApps and NULS...

Heterogeneous Cross-chain Project Nerve Network is Born

7 Apr 2020 4 minute read 0 comments NULS

Technical Progress V1.0.4 of Nabox was released, transaction code scanning confirmation and code backup were added. Nabox was submitted to Google Play, and it is currently in the reviewing process. NDEX is being tested continuously in preparation fo...

NULS main net wallet upgrade

6 Apr 2020 1 minute read 0 comments NULS

  To NULS Community, NULS team plans to complete the main net wallet upgrade V2.5.0 at 3:00 PM April 6, 2020, Singapore Time or 07 00 AM UTC. This version will improve the consensus node delegation mechanism and network stability, also, it will avoi...

VG’s Overview — NULS — Modular Blockchain

4 Apr 2020 4 minute read 1 comment virtugrana

Note: This article is intended to contribute informative content to you. I present this, based on my opinion. I’m not responsible for your gains or losses. When you’re done reading, do your study and invest at your own risk. Introduction Blockchain...