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.


Calling all NULS Ambassador candidates for April, May, and June

19 Mar 2020 2 minute read 0 comments NULS

NULS is a community driven project and the Ambassadorship is our flagship program to support individuals who are passionate about NULS and would like to be an advocate in their respective region. It is our way of incentivizing, rewarding and recogni...

NULS — Telegram AMA & QUIZ — March 11

18 Mar 2020 19 minute read 0 comments NULS

    On Wednesday, March 11, we had the pleasure to welcome to our Telegram chat: Berzeck, NULS Western Regional Director. We asked him questions about the development of NULS, currently ranked 161 on CoinMarketCap. Some sentences have been slightly...

Nuls: Staking

18 Mar 2020 1 minute read 0 comments NULS

#StakingOur award-winning Proof of Credit consensus mechanism secures the NULS network by combining Delegated Proof of Stake with an added credit rating feature. Operate a NULS masternode or stake into a node to start earning NULS in minutes. #How to...

Nuls Products: Wallets

18 Mar 2020 1 minute read 0 comments NULS

  NULS Wallets are developed by the NULS Technology Community (NTC). We recommend the NULS light wallet for ease of use and convenience for staking. Agent (masternode) operators need to use the desktop wallet to perform node operations. We also prov...

Nuls Products: USDI

18 Mar 2020 1 minute read 0 comments NULS

About USDI: USDI, initiated by the BLOEX TDM Fund, is a Stablecoin that earns a Savings Rate (SR) simply by holding. USDI utilizes a decentralized financial application smart contract that pegs it to USDT. The USDT cross-chain pledge generates USDI w...

Nuls Products: POCM (Proof of Credit Mining)

18 Mar 2020 1 minute read 2 comments NULS

  What Is POCM POCM (Proof of Credit Mining) is an SCO Platform that allows projects to use smart-contracts to issue and distribute project tokens on blockchains. Got NULS? Stake into a project’s nodes and earn their token as reward, while the proje...

Nuls Products: ChainFactory

14 Mar 2020 1 minute read 0 comments NULS

# What is the Chain Factory Chain Factory (factory.nuls.io) is a blockchain development platform with an intuitive interface that allows users to select functional modules, configure optional modules, create tokens, set token supply and distribution,...

Nuls Products: ChainBox

14 Mar 2020 1 minute read 0 comments NULS

# What’s NULS ChainBox ChainBox is an out-of-the-box solution to chain-building. It encapsulates six underlying modules: ledger, accounts, transactions, blocks, consensus, and network. ChainBox eliminates the necessity of direct blockchain experience...

What is Nuls?

13 Mar 2020 1 minute read 0 comments NULS

NULS is a blockchain infrastructure for customizable services, driven by our global open-source community.   Following the principles of pluggability, modularization and parallel expansion, NULS provides smart contracts, multi-chain mechanism and cro...

What is Nuls? How Does It Work?

24 Dec 2019 3 minute read 0 comments Kiviburger

  What is Nuls? How Does It Work Definition and field of activity: Nuls, a global open source blockchain project, is a customizable modular blockchain infrastructure platform. Nuls aims to eliminate technical barriers to blockchain by providing inte...