Nuls (NULS)

404 Articles 6 Followers

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.


NerveNetwork Builds Crosschain Bridge for Kava Network Projects

24 Jun 2023 2 minute read 14 comments NULS

What is NerveNetwork NerveNetwork, established in 2019, is a decentralized digital asset service network developed using NULS’s ChainBox technology. NerveNetwork aims to break the isolated value island of the blockchain, establish a network that is s...

Nulswap Unleashes New Lending and Borrowing Platform, Empowering aiNULS Holders

21 Jun 2023 1 minute read 0 comments nulswap

In an exciting leap forward for the DeFi universe, Nulswap is proud to introduce its cutting-edge lending and borrowing platform. This revolutionary solution opens up a world of opportunities for aiNULS holders, granting them seamless access to liqui...

How to Crosschain Tokens Using NerveBridge

21 Jun 2023 1 minute read 0 comments NULS

The Latest Crosschain Instruction for NerveBridge NerveBridge, the core product of NerveNetwork, has been serving tons of crypto investors and blockchain projects along their Web3 journey. Last year, NerveNetwork redesigned its products line and supp...

The NerveNetwork Concept and NerveNetwork Products

20 Jun 2023 2 minute read 3 comments NULS

Knowing NerveNetwork Recently, we witnessed a rapid increase in the usage of NerveNetwork’s products, especially NerveBridge! More and more crypto users started turning to NerveBridge for cross-chain transactions. In the community, we have received l...

First Half of Jun in 2023 / NULS ERC20 Deployed on ENULS Network

20 Jun 2023 3 minute read 1 comment NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Optimized the price calculation logic for POCM platform and fixed the identified bugs. Initiated optimization process fo...

Second Half of May in 2023 / NULS Ecosystem Nabox Wallet Launched Nabox ID

4 Jun 2023 3 minute read 2 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Optimized the implementation logic of asset issuance on NULS POCM platform. Modified the Public-Service functionality an...

Build a Customized blockchain NULS ChainBox

26 May 2023 2 minute read 4 comments NULS

NULS ChainBox and its Quick Start Manual It’s no longer a secret that big business is moving into the blockchain, will you get left behind or ahead of the curve? Blockchain can optimize your business, increase efficiency, and make your job easier, so...

Nulswap: Powering the NULS Network and Unleashing the Potential of Artificial Intelligence Liquidity

18 May 2023 1 minute read 4 comments NULS

Introduction:  In the ever-evolving world of decentralized finance (DeFi), Nulswap has emerged as a powerful force, driving the growth and innovation of the NULS network. With its groundbreaking Artificial Intelligence Liquidity Staking, Nulswap is r...

First Half of May in 2023 / NerveSwap Released New Feature — NervePUSH

17 May 2023 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Conducted product design for NULS browser according to the information from the testing result. Assisted NTC in completi...

NULS Partners with GIFTO to Develop the Gifto Web3 Wallet

9 May 2023 1 minute read 0 comments NULS

NULS is excited to announce its collaboration with Gifto and the two parties will work together to develop Gifto’s upcoming web3 wallet. Gifto, as a leading Web3 gifting platform in the blockchain industry with a large user base and charitable attrib...