$0.3102 3.26%
Glob. Mkt Cap Rank: Unranked
2024-08-07:09:36:35update
24H High
:
2.2678
24H Turnover
:
651.38千万
Max Supply
:
0.0
24H TR
:
2.9%
24H Low
:
2.1704
24H Vol
:
2885818.74
Curr. Issued
:
99620739.0
24H High-Low
:
+4.49%
ATH
:
60.95
Highest Mkt Cap
:
2.25亿
Circulating Supply
:
99620739.0
Dominance
:
0.00%
ATL
:
0.68
Mkt Cap (Float)
:
2.25亿
Circulating Supply
:
47.44%
Issue Date
:
2017-10-26
Introduction
Latest News
News Flash
Basic information
Full Currency Name 纳世链/NULS
Currency Code NULS
Coin Intro "

NULS: A Customizable, Enterprise-Grade Blockchain Platform

NULS (NULS) is a native token of the NULS blockchain, launched on October 26, 2017, with a total supply of 103,624,610 NULS. The NULS token fuels the entire ecosystem, used for:

  • Community building and governance

  • Application development

  • Payment for services

  • Consensus rewards

  • Transaction fees

  • Chain creation costs

  • Cross-chain asset transfer fees

NULS is an open-source, enterprise-grade blockchain platform offering fast and customizable solutions for developers. Featuring microservices, smart contracts, cross-chain interoperability, and rapid chain-building capabilities, NULS sets a new industry standard in simplifying blockchain application development.

Key Features and Advantages:

  • Modular Architecture: Comprised of a microkernel and functional modules, NULS employs a novel approach by separating events and services. This enables a highly modular architecture with pluggable components, reducing development and usage costs.

  • Flexibility and Scalability: NULS allows users to customize network, consensus, storage, and algorithm modules, offering unparalleled flexibility. This adaptable design ensures future-proof scalability as blockchain technology evolves.

  • Smart Contracts and Cross-Chain Interoperability: NULS provides smart contract functionality, multi-chain parallelism, and cross-chain consensus mechanisms, facilitating seamless interaction between different blockchains.

  • Easy Deployment: NULS simplifies blockchain adoption for businesses and individuals. Users can leverage NULS to quickly deploy customized blockchains, enhancing data security and trust.

  • Strong Community and Ecosystem: As a community-driven, open-source project, NULS fosters a vibrant ecosystem by providing comprehensive documentation, developer tools, hackathons, and support for promising applications and contributors.

NULS Community Foundation:

The NULS Community Foundation, established with an initial injection of 20,000,000 NULS by the NULS team, supports the development and growth of the NULS ecosystem. Registered in Singapore as NULS FOUNDATION PTE. LTD. (201729333G), the foundation promotes the secure and harmonious development of the open-source community.

Founding Team:

NULS was co-founded by Zhang Xing.

Market Information (as of [Date]):

  • Price: $0.26781

  • 24-hour trading volume: $3,433,530

  • Market cap: $28,334,700 (ranked 301st on CoinMarketCap)

  • Circulating supply: 105,801,000 NULS

  • Total supply: 210,000,000 NULS

Conclusion:

NULS offers a robust and adaptable platform for developing and deploying blockchain solutions. Its focus on modularity, customization, and community engagement positions NULS as a promising contender in the ever-evolving blockchain landscape.

"
Issue Date 1506470400000
All-Time High $8.54049
All-Time Low $0.0948007
Total Supply 210000000
Circulating Supply 105801113.4191
Circulating Supply Percentage 0.5038148258052381
Market Cap 1975581985790
Fully Diluted Market Cap $1.2752948095238095e-9
Mkt Cap (Float) $28334798
Circulating Market Cap % of Global Total 0.000014342506767022083
Listed on Exchanges 12
Official Link https://nuls.io/
Whitepaper https://nuls.io/pdf/NulsWhitepaper1.1.pdf
Blockchain Explorer "https://nulscan.io", "https://nuls.world"
Telegram "https://t.me/Nulsio"
Github https://github.com/nuls-io/nuls
Twitter https://twitter.com/nulsservice
FaceBook https://www.facebook.com/nulscommunity
Reddit https://www.reddit.com/r/nulsservice
Currency Introduction

NULS: A Customizable Blockchain Infrastructure

NULS is a blockchain infrastructure focused on customizable services and a global open-source community project. Embracing the microservices philosophy, NULS implements a highly modularized underlying architecture. Utilizing technologies such as module repositories, smart contracts, and cross-chain communication, along with the rapid chain-building capabilities of Chain Factory, NULS aims to reduce blockchain development costs and promote the practical application of blockchain technology in various industries.

1. Project Introduction

NULS is a blockchain infrastructure that provides customizable services and operates as a global open-source blockchain community project. It implements a highly modularized underlying architecture based on microservices principles. By leveraging technologies like smart contracts, cross-chain communication, and the rapid chain-building capabilities of its Chain Factory, NULS aims to lower blockchain development costs and accelerate the adoption of blockchain technology for real-world applications.

Application Scenarios

Flexible and User-Friendly Blockchain Infrastructure:

NULS provides developers and users with a diverse range of modules. This eliminates the need to delve into the complexities of cryptography, consensus mechanisms, and storage methods. Instead, they can simply select the necessary modules from the Chain Factory's repository based on their specific requirements and configure the parameters to quickly build a blockchain, effectively lowering development costs.

Support for a Wide Range of Blockchain Application Scenarios:

In terms of applications, blockchain-based solutions are expected to permeate various aspects of organizational and personal life. NULS, through its modularity, empowers users to rapidly deploy blockchains. Its cross-chain technology facilitates seamless data and asset transfer between different blockchains. Furthermore, its Turing-complete smart contracts provide the necessary programmability to support a vast array of future application scenarios.

Driving the Real-World Adoption of Blockchain:

Commercial applications demand high performance. NULS addresses the limitations of existing blockchains by utilizing parallel expansion technology. By deploying multiple independent chains through its Chain Factory and distributing tasks across these chains, NULS facilitates communication between them using cross-chain technology, achieving the capacity to handle tens of millions of transactions per second (TPS).

Technical Overview

Microservice Architecture:

Pioneering the implementation of a microservice architecture in blockchain infrastructure, NULS decomposes software into independently deployable services. This approach, borrowed from advanced software engineering principles, is applied to module design, enabling each module to operate as a flexible, standalone program. Furthermore, the development of individual modules can be achieved using various programming languages.

This architecture minimizes coupling between modules, while multi-language support enhances code contributions and user experience. The modular design allows for easy scalability, and distributed deployment facilitates seamless module hot-swapping. This comprehensive architectural design is referred to as NULS 2.0, with both Chain Factory and cross-chain functionalities built upon it.

The NULS microservice architecture consists of three layers:

  1. Microservice Infrastructure Layer: Provides the foundation for the entire architecture.

  2. Blockchain Basic Service Layer: Offers fundamental blockchain services built upon the infrastructure layer.

  3. DApp Application Layer: Hosts decentralized applications leveraging the services provided by the lower layers.

This layered architecture empowers developers to create sophisticated applications, such as distributed exchange systems and data service systems, on top of the Blockchain Basic Service Layer. The NULS ecosystem extends beyond multiple chains and DApps to encompass various internet-based applications of all sizes.

Modularity:

Recognizing the unpredictable nature of technological advancements and evolving business application logic, the NULS community has adopted the modular design philosophy of the Linux kernel. Multiple functional modules are developed and organized into a module repository, adhering to the principle of "everything is a module." This modular approach facilitates technological updates and seamless adaptation to new applications.

Consensus Mechanism - POC:

NULS's modular design allows for the replacement and hot-swapping of all core functional modules, including the consensus mechanism. The NULS mainnet employs a Proof-of-Credit (POC) consensus mechanism. Nodes with sufficient credit can participate in consensus by locking a certain amount of NULS tokens. After a reordering of consensus nodes, blocks are produced in turns. Locked NULS tokens are unlocked upon exiting the consensus process.

  1. Consensus Entry and Exit Mechanism:
    Anyone can participate in the NULS consensus mechanism as long as they meet the requirements and follow the rules. POC entry criteria include both hard and soft indicators. Hard indicators refer to a minimum credit score, preventing malicious nodes from participating. Soft indicators involve locking a certain amount of NULS as collateral. This measure discourages node spamming and promotes fairness within the system. While a minimum lock-up amount is required, participants can choose to lock up more NULS, with higher amounts leading to potentially greater rewards.

  2. Credit Rating:
    Within the NULS network, credit represents an account's trustworthiness. All accounts are assigned a credit score within the range of [-1, 1], automatically calculated using a credit rating algorithm.

    Credit Evaluation Formula:
    Credit Base = Capability Coefficient + Responsibility Coefficient

    • Capability Coefficient: Calculated based on the historical number of blocks produced.

    • Responsibility Coefficient: Calculated based on rule violations and block production accuracy.

  3. Consensus Rewards:
    To maintain balance and fairness within the NULS network, consensus rewards are calculated based on the total collateral submitted by all consensus nodes and their respective credit scores.

  4. Universal Consensus Mechanism:
    As a versatile blockchain infrastructure, the NULS mainnet itself doesn't host any application logic. All applications run on parallel blockchains. Using the NULS Chain Factory, users can rapidly deploy blockchains based on the module repository and customize various operating parameters. This includes options related to native token support, encryption algorithms, consensus mechanisms, and storage mechanisms.

    NULS defines a universal consensus module, providing an interface compatible with different consensus mechanisms. The NULS community is actively developing consensus mechanisms such as Proof-of-Work (POW), Delegated Proof-of-Stake (DPOS), Proof-of-Stake (POS), Practical Byzantine Fault Tolerance (PBFT), and POOL verification pools, allowing users to choose the one that best suits their needs.

NULS Smart Contracts:

NULS integrates NVM as a virtual machine for its smart contract module. Structurally, the smart contract module resides between external service modules (e.g., RPC module) and lower-level modules (e.g., network, storage, and account modules). These lower-level modules provide the necessary support for smart contract execution.

Smart contracts are defined by upper-layer applications, interpreted by an interpreter, stored by the storage module, and executed by the NVM. The NULS smart contract interpreter supports multiple high-level programming languages, allowing developers to use their preferred language for designing NULS smart contracts.

Cross-Chain:

Blockchains built using the NULS module repository (i.e., those within the NULS ecosystem) can incorporate the cross-chain module to enable seamless communication with the NULS mainnet.

For public blockchains that follow different protocols than NULS, such as Ethereum and Bitcoin, special mechanisms are required to achieve protocol conversion. This involves adapting their protocols to the NULS cross-chain protocol to facilitate communication based on a unified protocol.

All blockchains communicate solely with the NULS mainnet, which is responsible for transaction verification. Parallel chains trust the verification results provided by the NULS mainnet.

Assets on different blockchains can be transferred to any chain within the NULS ecosystem that accepts external assets at minimal cost.

Key features of NULS cross-chain technology:

  1. The NULS mainnet utilizes the POC consensus mechanism in conjunction with Byzantine fault tolerance mechanisms to confirm and package cross-chain transactions, ensuring decentralization, performance, and security.

  2. Each node on the NULS mainnet connects to multiple nodes on various blockchains. The use of a unified NULS cross-chain protocol enables a single node to connect to multiple nodes across different blockchains concurrently.

  3. The NULS mainnet provides a chain management mechanism to manage all peer blockchains registered on the network. Registered information includes chain details, asset information, and cross-chain collateral.

  4. When a blockchain receives assets from another chain, corresponding assets are generated on the receiving chain. Tokens from different blockchains are stored as assets on other chains.

  5. Details of asset transfers from one blockchain to another are stored on the NULS mainnet. When transferring these assets out of the receiving blockchain, verification is performed to prevent the creation of illegal assets. Malicious blockchains are addressed through community mechanisms, which may include suspension of cross-chain functionality, termination of cross-chain capabilities, or confiscation of collateral.

  6. The NULS mainnet provides API documentation, allowing developers to build their own wallets, explorers, and light wallets.

  7. The NULS mainnet offers protocols for application expansion, enabling DApp development and optimization of the cross-chain protocol.

2. Evaluation

NULS is a blockchain infrastructure that provides customizable services and operates as a global, open-source blockchain community project. It has established a set of standardized blockchain technologies for industrial applications, adhering to the principles of hot-swapping, modularity, and parallel expansion. NULS provides upgradable modules for consensus, networking, ledger, accounts, block management, chain management, transaction management, and an event bus.

Building a blockchain on NULS is akin to assembling a computer from components like a CPU, hard drive, memory, and motherboard. Users can freely select and combine modules like consensus, networking, ledger, and accounts to create a chain tailored to their specific needs. This chain can be a public chain, a consortium chain, or a private chain.

Related Links:

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Development History
2019年第四季度Chain factory beta and official version online.
2019年第三季度1. NULS2.0 beta release, global public beta cross-chain and rapid chain building. 2. ChainBox chain-building products began public beta. 3. The beta version of chain factory Alpha was released. 4. The main network of NULS 2.0 was officially launched.
2019年第二季度The internal Alpha version test of NULS2.0 began, and cross-chain transactions were tested.
2019年第一季度Design and development of NULS2.0 startup chain factory products.
2018年12月Online NULSTAR, micro-service, general ledger module, cross-chain consensus.
2018年11月Main online intelligent contract function; Multi-asset function online; The change function is online.
2018年9月Launch smart contract module; Launch the general ledger module; Improve the NULS ecology; Start and expand more applications accessible in the NULS ecosystem.
2018年7月Main network release; Complete the development of basic modules; Continuously improve the built-in module; Release the blockchain browser; Establish and expand the open source technology community
2018年5月Main network test; Complete the development of the main network and enter the testing stage; Improved technical design document
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