NULS | Cryptocurrency In Singapore

What is NULS?
NULS is a blockchain with a modular based architecture enabling customizable modules and cross-chain operability. Its two-part design is the micro-service and the functional modules. They have been built with the goal to maintain the well-known programming practice of high cohesion and low coupling. They also adopt the hotpluggable principle allowing modules to be added or removed during operation. The decentralized nature of NULS allows for a business model that bridges the gap of trust in using the technology as well allowing users to customize their side-chain to fit with their requirements. The simplicity of implementation comes from the architectural design of NULS where complex concepts such as cryptography, consensus mechanisms and storage methods are abstracted away from the developer, so they need only to be concerned with what they want to build that is within their skillset.

The simple base of the main-chain will provide a set of modular components that can be customized to the users’ needs. Users will be free to choose their preferred consensus mechanism, network, account, ledger, block management, chain management, transaction management, event bus as well as other permissions to designate to their chains. Chains are not limited to being public chains but can also be designed as private or consortium chains.

Nothing Makes Blockchain Easier Than NULS 2.0
The microservice-layer design of NULS makes it easy for developers to quickly create modules for anything. NULS provides fluid, cost-effective, time-saving solutions for developers with minimum blockchain experience.

NULS Chain Factory
Chain Factory is a user interface that allows developers to build a new chain or enhance an existing chain by automatically deploying modules selected from a warehouse of endless modular solutions.

NULS ChainBox
NULS ChainBox solution provides developers an out-of-the-box blockchain, using our quick-start engine. Chains can then be customized for any purpose by selecting and deploying additional modules from the Module Warehouse.

Cross-Chain Consensus
Cross-chain consensus connects the NULS ecosystem with outside ecosystems and other blockchains for fluid circulation of information and assets.

NULS FOUNDATION PTE. LTD.

1 NORTH BRIDGE ROAD #21-10 HIGH STREET CENTRE SINGAPORE 179094

Official website
https://www.nuls.io/

Resources
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Community
Enterprise
Wallet
NULS Explorer
Developers
White Paper

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Social Media
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Facebook
Linkedin
Twitter
Reddit
Github
Telegram
Medium
Discord

Articles

 

NULS Token

NULS token operates on the NULS blockchain 2.0 platform

Total supply: 109,752,791
Maximum supply: 210,000,000

5 million NULS will be created through the Proof of Credit (PoC) consensus each year to reward miners and secure the network.

The token of NULS, operating on its own will be used to promote the entire ecosystem. It will be used to support NULS-based applications, build the community, community governance, pay transaction fees, reward miners, pay chain-building fees and cross chain fees.

The Issuance of NULS is Divided into 4 parts

  • Airdrop
    40% of the tokens are airdropped (40 million) to owners of the ERC20 placeholder token of Inchain project, which is the angel investor of NULS.
  • Development Funding
    20% of the total tokens (20 million) go towards continued development. After the main net is live, these tokens are unlocked at the rate of 5% (1 million) per month over the course of 20 months.
  • Community Funding
    20% of the tokens (20 million) are allocated for building the community, and no more than 4 million tokens will ever be used per year.
  • Business Cooperation
    20% of the tokens (20 million) are used for business partnerships and to support high quality NULS-based third party projects. No more than 4 million tokens will ever be used per year.

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