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.


Make your NULS work for you

11 Jan 2023 3 minute read 2 comments NULS

Three ways to make NULS constantly generate passive incomes   NULS, an open-source blockchain project, started its crypto journey in 2017, and has been listed on most industrial top-tier centralized exchanges since 2018. As the underlying token in NU...

NULS Ecosystem Ignition Program is Now Live

3 Jan 2023 2 minute read 0 comments NULS

Shaping the NULS ecosystem has always been one of our primary tasks since the launch of main-net, and being assisted by the NTC and our community we have done incredible progress in terms of infrastructure diversity. Last season, we announced another...

Second Half of December in 2022 / NULS Roadmap 2023 Updated

2 Jan 2023 4 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Tested and Optimized the ENULS web browser. Conducted technical preparations for the launch of the ENULS mainnet. Restor...

First Half of December in 2022 / ENULS Mainnet is activating on Q1 2023

19 Dec 2022 4 minute read 2 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Optimized ENULS node program based on the last round of test results, and conduct the stress test again. Assisted NTC to...

Second Half of November in 2022 / ENULS Mainnet is activating soon

4 Dec 2022 4 minute read 3 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Optimized the ENULS node program and updated the ENULS test net nodes. Conducted pressure tests for ENULS test net. Assi...

First Half of November in 2022 / ENULS is Near Completion

19 Nov 2022 3 minute read 2 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance ◢ Technical Progress Updated the ENULS domain name certificate. Assisted Nabox’s cross-chain aggregation platform — Swapbox to integrate the Ne...

The Second Half of October 2022/NULS Ecosystem is Blooming

6 Nov 2022 5 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance ◢ Technical Progress   Started to develop and test the multi-node information synchronization function. Assisted NTC in optimizing NerveSwap re...

First Half of October in 2022 / NULS 5th anniversary NFT staking pool has gone live on Ivy Market

19 Oct 2022 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Carried out the second round of testing on ENULS test network; Assisted NTC to complete the code writing of the NerveNet...

Invest in Different Projects Without Giving Up Your NULS Capital

18 Oct 2022 2 minute read 1 comment NULS

Maximum the use of your $NULS   # First, let’s understand what NULS’ POCM is:   The NULS SCO platform allows projects to use the smart contract-based concept of POCM ( Proof of Credit Mining ) to create an SCO ( Staked Coin Output ) node. Thus, NULS...

Second Half of September in 2022 / NULS is celebrating its 5th birthday

3 Oct 2022 4 minute read 1 comment NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress ENULS entered a testing phase. Optimized data package provided by the public service API of the NULS network, thus impro...