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NULS

NULS bounty

NULS is a global blockchain open source community project, which provides a customizable block chain infrastructure. It consists of a micro-kernel and functional modules. With innovative ideas on reducing the burden of main block chain and decoupling events and services, modularization on all NULS underlying operational components is architected and implemented.

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Overview

Project industryBlockchain Infrastructure
Product typeService
FoundedChina

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.

Why was NULS Created?

Blockchain uses the chain structure which is limited in performance due to the size of the database, and difficulty lies in synchronization and the complex task of performing technical updates on a decentralized network.

A blockchain was needed that not only solves real world problems but also makes the developer’s work easier. The ability to customize modules to suit the developer’s needs promotes their individual innovation and does not constrain the possibilities of what can potentially be built. To solve these problems and promote the commercial use of blockchain technology, NULS was designed.

NULS Mission

After conducting market research and analysis, we found that there are various problems that hinder the growth and development of blockchain. Talented individuals in the IT sector are already hard to come by and developers who are additionally experienced in blockchain is a rarity. This creates a higher cost for development as these individuals can charge a premium in exchange for their services due to the simple economic function of demand exceeding supply. This issue cannot be solved in the short term and will only be solved over time as more developers learn and understand the technology.

Existing blockchains are limited in performance and cross-chain communication is still being explored. Organizations and businesses will not be interested in using a consortium or private chain that isn’t completely trustworthy. NULS can provide a reliable solution to these problems.

  • A. Ease of Use
  • The learning curve for developing on NULS is reduced by taking care of some of the complexity for the developer. 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 a developer can take advantage of the infrastructural support that has been designed as a part of the platform. A 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 Chain Factory, millions of transactions per second can be processed through NULS and other chains based on NULS.

    Details

    Pre-sales: May 31, 2018 - Jun 30, 2018
    Token supply: 105,539,596 NULS

    Legal

    Blockchain Platform: Ethereum
    Office address: 250 W. Tasman Dr., Suite 180 San Jose, CA 95134

    Token info

    Ticker: NUL
    Type: Utility-token
    Token standard: ERC-20
    Token price in USD: 1 NULS= 4.01471 USD
    Accepted currencies: ETH
    Token distribution:
    40% - Airdrop
    20% - Development Funding
    20% - Community Funding
    20% - Business Cooperation

    NULS Roadmap

    1
    NULS 1.0 Research and Development

    Mainnet development and testing phase commenced

    2
    NULS 1.0 Internal Alpha Testnet

    Testing commences

    3
    Mainnet Launch 1.0

    July 11, 2018. Mainnet and blockchain explorer launch

    4
    Light Wallet Development

    Desktop wallet optimization and release of the NULS light wallet

    5
    NULS 1.1 Mainnet Upgrade

    Improvements and addition of smart contract and ledger modules

    6
    2.0 Research and Development

    Q4. 2018 Initiation of NULSTAR, microservices, universal ledger module, cross-chain consensus

    7
    Chain Factory Research and Development

    Q1. 2019 Initialization of Chain Factory, design and development

    8
    NULS 2.0 Internal Alpha Testing

    Q2. 2019 Internal alpha testing commences, intra-cross-chain transactions

    9
    NULS 2.0 Public Beta Testnet Launch

    Q3. 2019 (July 8) Public Beta testing, cross-chain consensus, and out-of-the-box chain testing

    10
    ChainBox

    Q3. 2019 ChainBox Public Test

    11
    NULS 2.0 Beta Hackathon

    July 8th-September 20th, 2019. Application Module Hackathon

    12
    Chain Factory

    Q3. 2019 Internal Alpha Testing of Chain Factory

    13
    Q4. 2019 2.0 Mainnet

    Launch of NULS 2.0 Mainnet

    14
    Q4. 2019 Chain Factory

    Public Test and Mainnet Chain Factory Launch

    15
    Q2. 2020

    Complete at least 20 industry solutions and build a new NULS-based ecosystem

    Project team

    Liesa Huang
    Liesa Huang
    CEO
    Liesa Huang linkedin
    Reaper Ran
    Reaper Ran
    Community Management Director and Co-founder
    Reaper Ran linkedin
    David Wasson
    David Wasson
    USA Regional Director
    David Wasson linkedin
    Isaac Kim
    Isaac Kim
    South Korea Regional Director
    Penny Childers
    Penny Childers
    USA Community Manager
    Penny Childers linkedin
    Minsuk Kwak
    Minsuk Kwak
    Korea Community Manager
    Minsuk Kwak linkedin
    Niels Wang
    Niels Wang
    Architect - China| Director of Technology
    Niels Wang linkedin
    ViVi Zhou
    ViVi Zhou
    Architect
    Lijun Zhou
    Lijun Zhou
    Architect
    Lijun Zhou linkedin
    Pierre Luo
    Pierre Luo
    Architect
    Pierre Luo linkedin
    Charlie Li
    Charlie Li
    JAVA Engineer
    Charlie Li linkedin
    Angang Tang
    Angang Tang
    JAVA Engineer
    Angang Tang linkedin
    Juanchen Jiyang
    Juanchen Jiyang
    JAVA Engineer
    Juanchen Jiyang linkedin
    Wave Tan
    Wave Tan
    Front-End Development Director
    Wave Tan linkedin
    Pen
    Pen
    Product Manager
    Albert Yi
    Albert Yi
    Test Engineer
    Albert Yi linkedin
    Anna Yang
    Anna Yang
    Chief Designer
    Anna Yang linkedin
    Lily Wang
    Lily Wang
    Business Development, Co-founder
    Lily Wang linkedin
    Andy Tang
    Andy Tang
    Marketing Manager
    Andy Tang linkedin
    Double Xiang
    Double Xiang
    Technical Writer
    Double Xiang linkedin
    Sue Su
    Sue Su
    Finance Manager
    Sue Su linkedin
    Chirley Sheng
    Chirley Sheng
    Director of Human Resources
    Chirley Sheng linkedin
    Cody Lan
    Cody Lan
    Technology Director
    Cody Lan linkedin
    Lin Yang
    Lin Yang
    Architect - China
    Lin Yang linkedin
    Berzeck
    Berzeck
    Full Stack Engineer - Bolivia
    Moshe
    Moshe
    Full Stack Engineer - France
    Angel
    Angel
    Full Stack Engineer - Spain
    Claudio
    Claudio
    UI/UX Designer - Belgium
    Naveen
    Naveen
    Java Engineer - Singapore
    Edward
    Edward
    Architect - China
    Nalex
    Nalex
    Motion Graphics Designer - Australia
    Long
    Long
    JAVA Engineer - China
    Peak
    Peak
    JAVA Engineer - China
    Tudor
    Tudor
    Full Stack Engineer - Australia
    Kathy
    Kathy
    Architect - USA

    Advisors

    Ken Huang
    Ken Huang
    Former Huawei Blockchain Expert
    Andy Chae
    Andy Chae
    Executive Director, Global Business Division, ezCaretech
    Douglas Foo
    Douglas Foo
    Chairman and Founder of Sakae Holdings, LTD.
    Changyong Liu
    Changyong Liu
    Ph.D. Economics, Peiking University
    James Bilitski
    James Bilitski
    Ph.D. Associate Professor of Computer Science, University of Pittsburgh
    Sky Qui
    Sky Qui
    Finance Advisor

    Social media

    NULS web-siteNULS RedditNULS TelegramNULS TwitterNULS FacebookNULS SlackNULS Github

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