Topic: What is Nuls？ - page 2. (Read 4059 times)

Sorry for the late notice, but I just realized Asch (Ticker = XAS) did an airdrop for one of their DApps called CCTime, and if you had NULS you were eligible for the airdrop.  Unfortunately the snapshot for the last round just happened (that's when I found out NULS was added to the eligibility pool because it wasn't for the first round).

The good news is that there will be more rounds, so as a NULS hodler be on the look out for the CCTime airdrop.  The directions for the next airdrop should update at the following link when the next round is announced:

https://cctime.org/faq

and now that I know NULS hodlers will get CCTime airdrop, I'll be sure to up post the info prior to the next snapshot.  For the record, NULS hodlers will get ~55 million CCtime airdrop tokens for the latest airdrop round.

It depends... was NEO a good buy for 13$/6$/26$ at the time everyone would say who knows ?!?! ... But right know you see where it got... I think the same will happen with Nuls well maybe not to a 140$ price but, i could see 40-80$ by the end of 2018...
*disclaimer i invested in both NEO and Nuls 

The price is falling the last days so you have to keep an eye on it. It looks like a good coin to me so I bought some. Hopefully they can show some projects soon.

Investigating this coin right now. I'm curious as to how NULS will develop over time. It has been in a (little) dip right now and all over the internet people are saying that this has the potential to be the next NEO. All signs point to a great ROI in a medium-long term investment. What do you guys think? Currently at $4, is it worth it to buy some NULS?

Nuls is a global blockchain open source project which is highly customizable moduler blockchain infrastructure . It provide smart contracts multichain mechanism and cross chain consensus . It works with the government and most of nuls are in the hand of official .

Official NULS Yellowpaper is out.
Steemit Link:https://steemit.com/nuls/@nuls/nuls-yellow-paper-v1-0

Does this coin really work with the government? If yes, is it only Chinese government or there are other governments involved?

NULS: Global blockchain infrastructure - significant growth ahead
by TMMEN

https://np.reddit.com/r/CryptoProfits/comments/7qziyg/nuls_global_blockchain_infrastructure_significant/

Ticker code   NULS
Current market cap   $96 million
Current coin supply   40 million
Comparables (competitors)   NEO ($8.2 billion), QTUM ($2.6 billion), STRAT ($1.4 billion)
Website   https://nuls.io
Whitepaper   https://nuls.io/pdf/NulsWhitepaper1.1.pdf
 
NULS: Global blockchain infrastructure
NULS is a global blockchain infrastructure, providing:
smart contracts
multi-chain mechanism
cross-chain consensus
 
Sub-chains
NULS can operate "sub-chains", with transactions paid with NULS. Each sub-chain is able to support its own basic tokens.
This allows NULS to be a platform for other child tokens, much like Ethereum, NEO and QTUM.
 
Proof of Credit (PoC)
POC is a first of its kind protocol developed by the NULS team.
It works like Proof of Stake where a certain number of tokens will need to be locked before the user can run a node on the network. This exact amount has yet to be decided and the community will vote on it. When a user wants to stop running a node, they can immediately unlock their tokens.
 
Smart contracts
NULS has a built-in smart contract virtual machine (SCVM) which can execute smart contracts.
One key feature of the NULS SCVM is that it supports multiple programming languages so that developers can develop in their native preferred language. The SVCM can then execute the smart contractg through an interpreter.
This feature opens up every developer community to NULS, unlike other platforms with their own languages (ETH) or restricted to a specific language (LSK).
 
Partnerships
NULS is closely affiliated with InChain, a public chain project which boasts several high profile partnerships including:
Elephant Alliance (members including United Nations World Harmony Foundation, the United States Institute of Nanomedicine, World Federation of Chinese Medicine)
Guizhou Lai Shiling Zhengheng Liquor Co., Ltd.
Yongjian Foundation Ltd.
Huantai News Agency
Tiansheng Pharmaceutical Group Co., Ltd.
 
Price analysis: top 30
NULS' main competitors all have $1b+ marketcaps (NEO with $8b to STRAT with $1.4b).
NULS is currently valued at $96 million, but boasts several unique features not available in its competitors:
Proof of Credit
Multi-language development
Unique partnerships
My opinion on this basis: NULS is a solid project that could hit top 30 marketcap, barely squeezing into the illustrious $1b club.
This represents a bit over a x10 return.
 
Purchasing NULS
NULS is available on Binance | Kucoin | Etherdelta

 

Official countdown to Nuls yellow paper is now active (yellow paper releases in 7 days):

https://twitter.com/nulsservice/status/951705957339357184

I'll def follow up with it simply because there isn't much of a informational presence in the thread aside from revelacaogr (who's post are great).

The yellow paper should def get people intrigued if they execute it well.  Most of the people that understand this project know that it has high upside is significantly undervalued.

I don't even think people fully understand that Nuls will have masternodes...Yeah the yellow paper should put this on the map a little bit more.

Could someone post a link as soon as the translated Yellowpaper is out.
Thanks

I really like this project, especially because they work well with the government. Very important in China!

Gonna be big!

According to telegram, the NULS yellow paper is complete and being translated to English so that should be coming soon.  If they knock the yellow paper out of the park this thing could really pump even more.  It doesn't seem like there is a platform out that's built the way NULS is and the yellow paper will prove this.

NULS is the global blockchain open-source project which is also a customizable modular blockchain infrastructure.

Nuls is a Chinese company's token, which is not particularly popular in China, but it works with the government.

It is a highly customizable modular blockchain platform that 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 world.

What's your opinion on **NULS**? Potentially huge, undiscovered coin
by Lfc_Su> 3 years account age. < 700 comment karma.
https://www.reddit.com/r/CryptoCurrency/comments/7oqfx7/whats_your_opinion_on_nuls_potentially_huge/


I'll start by saying I don't hold a position in NULS yet, I'm very likely to but I'd like a second opinion from reddit.
I'm not a tech person in the slightest but I do feel I have good business intuition. So whilst I can appreciate the potential of a business, I'm not able to fully dissect the whitepaper and understand if there are inherent technological flaws
https://nuls.io/pdf/NulsWhitepaper1.1.pdf

Here's a summary and hopefully you'll share your opinion, particularly if it's a negative opinion as I'm quite strongly on the path to becoming team NULS at the moment.
From Medium article: NULS aims to offer an enterprise blockchain application solution to a wide range of companies and businesses. To differentiate themselves from their competition NULS allocates its users ‘‘the ability to customize modules to suit the developer’s needs [which] promotes innovativeness and does not constrain the possibilities of what can potentially be built.”
NULS claims it will simplify and speed up development by ‘offering a simple programmable environment that caters to the less experienced developer while facilitating extendibility for the more experienced individual.’ In doing so, NULS aims to solidify its standing as an emerging blockchain platform within the Chinese crypto community. As of today, NULS has completed the bottom layer for its test net and plans to release the full product in 2018.
https://twitter.com/nulsservice/status/944584430990999553
https://medium.com/@edieusdiaradan/nuls-the-undervalued-crypto-coin-7989d5b4eb3f
https://medium.com/quantstamp2017/nuls-chinas-undiscovered-blockchain-e56cd508848d

No its not... Nuls was given to all people who have taken part in the inchain ICO on a 1:1 basis with the option to get payed out...
most participants decided to get NULS tokens... also every one has the option to be a node with a staking base investment which will be voted on by community... ie. you want to be a staking node you need a "base stake" of 200 000 Nuls.. you could also
get chosen by others to stake with their coins... so as an example i have 20 000 NULS if i find 9 people with 20 000 and they chose me as a NODE they "lock" their stakes on my NODE together we have 200 000 that get locked and all the stake/earnings will be devided betwen each member of the node who chose to participate in the staking process on my NODE...

In my opinion it is quiet a good system because not every one can be a NODE the Network is still decentralised and also through the
voting/staking process on the most reliable nodes the participants are rewarded to keep their nodes in good shape connection and uptime wise...

My explanation of staking might not be the simplest but if you look up the Whitpaper you will find the explanation...also im sure we will son se a better or more exact one in the yellow paper...

So it's centralized like Ripple? Didn't know that. The project seems interesting. Need to learn more about it before investing

NULS – 7 Questions before you invest


What is NULS?
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.

Why is NULS good?
A. Ease of use
The goal of the platform is to improve development
time by offering a simple programmable environment that caters to the less
experienced developer while facilitating extendibility for the more experienced
individual.
B. Adaptable to numerous application scenarios
The application layer is where the developer can take advantage of the infrastructural support that has been designed as a part of the platform. The developer can easily perform basic tasks and make use of the modular parts such as the multi-chain system and smart contracts.
C. High Performance
NULS understands the importance of performance and the limitations of current
Blockchains and is committed to solving these for widespread adoption. Using
parallel expansion technology through the multi-chain system, millions of transactions per second can be processed through the main-chain and sub-chains.

What are the development updates for NULS?
. Launch of NULS Main Chain – March 2018
. PC wallet, Mobile Wallet, Blockchain Explorer – May 2018
. Smart contracts will support 3 programming languages – July 2018

What is the NULS token ($NULS) used for?
The token of NULS will be used to promote the entire ecosystem. It will be used to
support NULS based applications, pay for application costs, perform exchange for
sub-chain digital assets, support NULS development, reward miners and pay
transaction fees.

What is the current price, supply and marketcap for NULS ($NULS)?
Nuls (NULS)
$3.67 USD
0.00022173 BTC
Circulating Supply
23,564,882 NULS
Market Cap
$86,506,447 USD
5,225 BTC


http://uvcoins.com/2018/01/05/nuls-7-questions-invest/