Nuls NULS

$0.4146
Market Cap $ 16.584 MM (#152)
24h Volume $ 8.463 MM
Chg. 24h: 5.75%
Algo. score 3.6/5  (#138)
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Nuls project purpose and description

Nuls clarity of purpose

Nuls purpose and aspects

Nuls is an open-source platform that will provide to the network members development tools for their projects. The Nuls' team main goal is to create a community-driven development based on the consensus mechanism proof-of-credit and modular architecture. Nuls token in an ERC-20 token that will be used to support Nuls-based applications, pay for application cost, exchange for assets, support Nuls development, and pay transaction fees just to name a few.

Nuls categories

PlatformSmart contractsEnterprise

Short description

NULS is a global blockchain open-source project which is a highly customizable modular blockchain infrastructure; it consists of a microkernel and functional modules. NULS provides smart contract, multi-chain mechanism and cross-chain consensus. It aims to break the technical barriers of blockchain, to reduce the cost of development, and to promote the usage of blockchain technology in the commercial field.

Abstract

NULS is a blockchain that architecturally enables extendibility using smart contracts, modules and sub-chains. It is an open-source project that separates its features into customizable modules such as smart contracts, the multichain system, cross-chain consensus and other operating mechanisms. In the future, NULS will have multiple sub-chains that are based on functionalities of the main chain. They will use the underlying protocols and infrastructure of NULS to offer businesses a simplified and tailored solution based on their needs.

Link to Roadmap: https://nuls.io/index.html#timeLine
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