My article to get interested in NULS!

in #bitcoin6 years ago

The NULS team has been making huge progress. NULS is designed to change with the continuous advancements in block chain with its modular infrastructure. The NULS blockchain development platform divides the blockchain into several more jewels such as network, accounts, ledger, storage consensus, and smart contracts. Every module forms independently, ignoring the changes of other modules, allowing for groundbreaking flexibility.

As the demand for blockchain technology increases the need for great programmers is on the rise along with a huge amount of time these require to create a high performing blockchain. NULS has come to offer Chain Factory which is an innovative design system which allows anyone to create a customized blockchain using its modular architecture in the blink of an eye.

The chain factory will provide a module repository containing the basic elements required to build a blockchain without the need to understand complex cryptography.

The NULS blockchain implements the one of a kind proof of credit protocol designed by the NULS themselves. Proof of credit works the same as the proof of stake which means users can lock NULS tokens to earn rewards for securing the network. This helps the NULS platform by eliminating competition over computer power and energy consumption. The system also reduces the incentive to attempt to attack the network because such attacks would lower the value of tokens that the user has committed in order to have any control.

Since NULS is a part of Inchain its able to use connections to form strong partnerships. One partnership being the China Blockchain Industry Alliance with a goal to be a strategic platform to converge enterprises with the blockchain industry.

NULS has signed a partnership with MC payments. MC payment happens to be one of the largest payment collection providers in Asia Pacific and Bitmain, a huge company that produces ASIC chips and has the largest Bitcoin mining pools.

Bitmain is valued at a 60 billion dollars. The CEO of NULS stated that they received an investment from Bitmain and will use it to work on cross chain development and other projects in the future. NULS with a market cap of around 40 million dollars and a circulating supply of 40 million NULS the price is just over $1 which means its significantly down from its all time high of around $8 in January 2018.

NULS community is consistently one of the most active. The team is working diligently to make the platform become a market leader. NULS community takes an active role in the development of the project. To help with marketing PR, events promotions, and community they hired community managers. The power of the community can not be understated.

NULS has added a smart contract virtual machine into its blockchain. NULS virtual machine exists within internal infrastructure and external service modules. NULS smart contracts are delivered by various applications and computed by the virtual machine. The smart contracts are designed to be adaptable to different programming languages so developers can work in there desired language.

NULS often repeats the phrase that NULS is nothing and anything. This way of blockchain makes NULS a leader in cryptocurrency and offers investors a wonderful opportunity

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