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.


Second Half of April 2023 / Customized Farm is Now Available on NerveSwap

3 May 2023 3 minute read 4 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress   Troubleshoot and optimized the accuracy issues of NULS browser. Collect the optimized content of the new version of NU...

NULS Ecosystem Staking Guidance

25 Apr 2023 1 minute read 6 comments NULS

Stake and Earn in NULS Ecosystem In the world of cryptocurrency, we are very much concerned when discussing a cryptocurrency’s use cases. For example, ETH, the native token of Ethereum, is one of the most deflationary assets with probably the most us...

First Half of April 2023 / PheasantSwap DEX launched on ENULS

18 Apr 2023 4 minute read 1 comment NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assisted NTC to release new Nerve version v1.24.0. The new version supported zkSync and REI NerveNetwork, modified tradi...

Second Half of March 2023 / NULS Received a Strategic Investment from DWF Labs

4 Apr 2023 4 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assisted NTC to release a new version of the Nerve test net and conducted optimization tests. Tested and optimized the E...

NULS & DWF Labs Strategic Investment & Partnership Announcement

29 Mar 2023 2 minute read 4 comments NULS

NULS is thrilled to announce a strategic partnership with DWF Labs, the global digital asset market maker, and multi-stage web3 investment firm. By partnering with DWF Labs, we seek to foster the growth of the NULS ecosystem projects and thrive to de...

Nulswap Introduces Artificial Intelligence Liquidity Staking to NULS

25 Mar 2023 2 minute read 0 comments nulswap

In order to maintain a decentralized, strong, and dispersed network, consideration must be given to the health of the consensus that depends on the NULS blockchain while DeFi continues to expand on it. However, with the emergence of new and better fo...

Mapping NULS Ecosystem Projects in 2023

24 Mar 2023 5 minute read 1 comment NULS

What’s happening in ENULS ecosystem   In March 2023, the NULS team announced the activation of ENULS, which is a significant milestone for us this year. Currently, most of the previous NULS ecosystem projects have completed the migration to ENULS, me...

NULS Partners with PheasantSwap to Bring DeFi Service to ENULS Ecosystem

23 Mar 2023 2 minute read 0 comments NULS

PheasantSwap, the First DEX in ENULS, has begun its beta-testing We‘re pleased to share that the first decentralized exchange,  PheasantSwap, has now launched on ENULS testnet. Join the PheasantSwap beta-testing to get NULS ecosystem airdrop! By the...

First Half of March 2023 / Web3 domains and NFT Marketplace are now live on ENULS

19 Mar 2023 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Optimized ENULS browser issue that cannot be accessed occasionally. Assisted NTC in fixing the block-producing issue of...

Obtain WNULS using SwapBox

16 Mar 2023 1 minute read 0 comments NULS

What is WNULS The launch of ENULS brought more opportunities to NULS ecosystem and expanded the fundamental use cases for original NULS assets. To meet more DApp requirements and community demands, WNULS was created. WNULS is the wrapped version of N...