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.


First Half of September in 2023 / NULS Attended the International Digital Transformation Conference

19 Sep 2023 5 minute read 7 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Conducted NULS underlying performance optimization and testing process. Optimized NULS Explorer (https://nulscan.io). As...

DeFi and Staking within NULS Ecosystem

18 Sep 2023 2 minute read 0 comments NULS

Participate in Various DeFi-Protocols in NULS Ecosystem The emergence of ENULS has significantly enhanced the development of the NULS ecosystem, enabling seamless migration of other DeFi protocols into the NULS ecosystem. Additionally, the growth of...

Second Half of August in 2023 / NULS Web Wallet Service Will be Permanently Suspended on 4th Sep

3 Sep 2023 3 minute read 2 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Conducted NULS underlying performance optimization and testing. Tested and released NULS Light Wallet version 2.5.3. Dev...

Announcement of Permanent Suspension of NULS Web Wallet Service

30 Aug 2023 1 minute read 0 comments NULS

Dear the NULS Community NULS is glad to share with you the latest launch of NULS light wallet (v2.5.3). At the same time, we are sorry to inform that the NULS web wallet will no longer be available after 30th September. More details about the announc...

NULS Ecosystem Developing Highlights in 2023

23 Aug 2023 3 minute read 0 comments NULS

Since the launch of the ENULS mainnet in March of this year, we have been consistently inviting more projects to collaborate with us in building the NULS ecosystem. Over the past few months, we have garnered support from numerous partners and activel...

First Half of August in 2023 / The NERC20 Mint has ended and $NERC is listed on PheasantSwap

17 Aug 2023 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Optimized NULS Light Wallet. Performed underlying performance optimization and testing for NULS; Assisted NTC in support...

Second Half of July in 2023 / NERC20 Pass Card NFTs are being Distributed to the Community

3 Aug 2023 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Released the latest NULS mainnet version: v2.16.0. NULS browser optimization design confirmed. Optimized the underlying...

First Half of July in 2023 / Ledger Wallet has Supported NULS Network

18 Jul 2023 2 minute read 1 comment NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Prepared for the NULS mainnet v2.16.0 and initiated the deployment plan. Conducted product optimization and initial revi...

NULS is Now Live on Ledger Wallet

7 Jul 2023 1 minute read 4 comments NULS

The NULS hardware wallet has been submitted to the Ledger official and is going through the review process, which will meet you guys on Ledger Live soon. However, the listing process takes longer than we expected, as a result of that, we also provide...

Second Half of Jun in 2023 / NULS ERC20 v2 is Now Live on ENULS

4 Jul 2023 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Fixed bugs found in NULS multi-signature tool. Optimized the contract verification functionality of the Nulscan. Assiste...