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 & SCO Lab will have an AMA with Token Network

2 Apr 2020 1 minute read 0 comments NULS

#NULS & #SCO Lab will have an AMA with @token_network on 3rd April. Join in $NULS telegram: http://t.me/Nulsio and win 1500TNX Rules:   -->follow @Nuls  & @token_network Twitter and ask questions. details as below poster.     Join our social m...

Q&A AMA - for NULS Chain Factory

2 Apr 2020 11 minute read 0 comments NULS

  Chain Factory is NULS core chain building product. Below is the AMA transcript: Berzeck — Hello everybody! My name is Mario but everybody knows me as Berzeck, today me and Kathy will answer all the questions related only to Chain Factory, but firs...

The best 5 questions will share the reward of 500 NULS

31 Mar 2020 1 minute read 0 comments NULS

#NULS Chain Factory AMA on Wednesday, April 1.     The best 5 questions will share the reward of 500 NULS.👑 Submit your question and follow the rules:   # Like, retweet & tag 2 friends # Follow @Nuls# Join https://t.me/Nulsio   Join our social me...

NULS 2.0 Project Nerve Network Bridges into the Larger Bitcoin and Ethereum Universe

27 Mar 2020 2 minute read 0 comments NULS

SAN FRANCISCO — (BUSINESS WIRE) — The NULS Technical Community (NTC), today released blueprints for Nerve Network, a decentralized digital asset service network, and a blockchain cross-chain interaction protocol based on the NULS microservice framew...

NULS to bridge to Bitcoin and Ethereum with new network

26 Mar 2020 2 minute read 0 comments NULS

The community behind the NULS token released a whitepaper for the Nerve Network, which may act as a bridge to other blockchains.     In brief The NULS Technical Community released the whitepaper for Nerve Network, that aims to act as a bridge to bl...

The Swap Function of NULS Mainnet Closed, and the Unswapped NULS has been Transferred to Community Fund

26 Mar 2020 1 minute read 0 comments NULS

To NULS community: According to the previously posted announcement, the swapping function of the NULS mainnet has been officially closed on March 21, 2020. ERC20 tokens that have not been exchanged, won’t be able to swap after the expiry date. The r...

Congratulations to all winners in St. Patrick’s Day

25 Mar 2020 1 minute read 0 comments NULS

Congratulations to all winners in St. Patrick’s Day sharing, Please send your wallet address to NULS on Twitter and we will send rewards to you! Please keep following NULS, we will have many giveaway events in the future! Winner names below: @SexySu...

A Letter to the NULS Community From Nerve

23 Mar 2020 4 minute read 0 comments NULS

  Dear NULS community, I am Nerve, a decentralized digital asset service network. I am about to become the most important member of the NULS ecosystem. NULS is one of the best underlying technologies in the global NULS is one of the best underlying...

Congratulations to All Winners

21 Mar 2020 1 minute read 0 comments NULS

Congratulations to all winners in the CrptoVIPSignal & NULS AMA. Please send your wallet address to NULS on Twitter and we will send rewards to you! Please keep following NULS, we will have many giveaway events in the future! Winners names below:@Ji...

First Bimonthly Report of March on NULS Project

21 Mar 2020 4 minute read 0 comments NULS

Ambassador Recruitment Launches in Second Quarter of 2020 Technical Progress 1. The payment option for Nabox and development of the page is completed. We are currently in the testing stage. 2. With regards to supporting the development of the NULS h...