NULS
NULS
Token: NULS


Is Anything You Want In A Blockchain World

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Start date:
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Registrated in: China

Type: NULS

PREMIUM ICO

HARA

Empowering billions by utilizing a global and transparent data exchange.
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Goal: 17,000,000 USD
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Dominium

Dominium Blockchain – The one-stop-platform for everything to do with property anywhere in the world!
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NULS categories
Cryptocurrency Infrastructure Platform Smart Contract
NULS whitepaper
NULS token sale
KYC passing required No | Whitelist No | Restriction for countries No
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Random whitepaper excerpts

A Highly Customizable Blockchain Infrastructure
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 multi-
chain 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.
Website: nuls.io
Mail: [email protected]
3
/
15
...

A Highly Customizable Blockchain Infrastructure
Contents
1. The Future of Blockchain ................................................................................... 5
2. What is NULS? .................................................................................................... 5
3. Why was NULS created? .................................................................................... 6
4. NULS
’ mission
..................................................................................................... 6
A. Ease of use .................................................................................................. 6
B. Adaptable to numerous application scenarios.......................................... 7
C. High Performance........................................................................................ 7
D. Balance in Transparency and Confidentiality of Data............................... 7
5. NULS Economic Model .............................................................

1. The Future of Blockchain
A Highly Customizable Blockchain Infrastructure
Since the beginning of human civilization, we have strived to survive, learn, adapt
and move humanity in a direction that is sustainable for future generations. Our
desire to constantly improve not only our own lives but the lives of others has brought
us into the beginning of the 21st century, “the technological
era
”.
Every day is more
fast-paced than the last and there is no sign of slowing down. The creation of
blockchain technology has catapulted innovation even further and acted as a catalyst
for creative thinkers to get involved in the space. The rich incentivized environment of
blockchain has created opportunities that not only interests the technological savvy
individual, but also the individual that simply wants to be involved in the growth of a
world-wide disruptive technology.
As this technology continues to mature, the demand to solve real world use cases is
becoming more evide...

A Highly Customizable Blockchain Infrastructure
as well as other permissions to designate to their sub-chain. Sub-chains will not be
limited to being public chains but can also be designed as private or consortium
chains.
3. Why was NULS created?
Blockchain uses the chain structure which is limited in performance due to the size of
the database, difficulty 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 develope
r’
s life easier. The ability to customize modules to suit the developer

s
needs promotes innovativeness 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 born.
4. NULS
’ mission
After conducting market research and analysis, we found that there are various
problems that hinder the...

A Highly Customizable Blockchain Infrastructure
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.
D. Balance in Transparency and Confidentiality of Data
For organizations and businesses, data confidentiality and security are of utmost
importance. The open-source and transparent nature of Blockchain generally makes
them hesitant to use this new technology. Although NULS is open-source, it protec...

A Highly Customizable Blockchain Infrastructure
20% of the tokens (20 million) will be allocated for building the community, and no
more than 4 million tokens will ever be used per year.
d. Business Cooperation
20% of the tokens (20 million) will be used for business partnerships and to
support high quality NULS based third party projects. No more than 4 million
tokens will ever be used per year.
B. Network Maintenance
5 million NULS will be created through the Proof of Credit (POC) consensus each
year to reward miners and secure the network.
6. Sub-chain Operation
In order to create a healthy ecosystem, all NULS
’ sub
-chains are required to pay a
certain amount of NULS tokens (amount decided in the future). The purpose of this is
to certify that the sub-chain is indeed a sub-chain of NULS. The amount that would
be required to be paid will be adjusted over time in relation to the current price so that
it always remains within a reasonable range and it will be d...

A Highly Customizable Blockchain Infrastructure
can easily issue these contract tokens known as IOU assets. The NULS system will
provide the conversion of NULS tokens for smart assets and vice-versa.
If a sub-chain chooses to issue smart assets, a certain amount of NULS will need to
be paid. When the smart assets have been created, the user will set an initial ratio for
the smart asset and the NULS token. A NULS capital pool and smart asset pool will
also be automatically generated and the ratio will be fixed for conversion but
influenced by market values.
If the value of the smart assets on the sub-chain rises, then the NULS capital pool
will require more NULS to support this appreciation in value. As more quality sub-
chain projects work with NULS, this will in turn appreciate the value of NULS.
7. NULS Technical Design
A. Consensus Mechanism - Proof of Credit (POC)
The modular architectural design of NULS supports the insertion of new functional
modules as well as the replacement o...

B. Yellow Card Alert
A Highly Customizable Blockchain Infrastructure
When a user generates a block during a internet disconnection, computer crash or
when experiencing network issues, this will not be considered as a violation the
networks rules. However, because this will affect the entire system, a warning will be
given with the coins frozen for a period (e.g. 72 hours) and the credit ratio
downgraded.
C. Red Card Alert
In the case of hostile attacks, double spend attacks, attempts at forking the system or
deliberately trying to attack the system, the NULS network will be able to detect and
protect from vulnerabilities and exploits. Any hostile nodes will have their coins frozen
for a longer period (e.g. 1 month) and their credit ratio will be downgraded again
meaning they are no longer able to meet the minimum amount to participate in the
network.
8. Credit Rating
The crediting system is the coefficient that is used to determine a user’s integrity and
trustworthines...

NULS Roadmap

1
March 2018
Complete the main-net's development, testing phase commences
Establish and expand the open-source development community
Improve the technical design documentation
2
May 2018
Complete development of basic modules
Continuously improve built-in modules, such as smart contracts,multi-chain parallels, and cross-chain consensus
Start and promote more applications to be accessed within the Nuls ecosystem
The main-net commences
Release PC wallet
Release mobile wallet
Release blockchain explorer
3
July 2018
Smart contracts will have support for 3 programming languages
At least 3 applications will run on NULS
Improve the main-chain's overall ecosystem, including a blockchain browser,e-wallet, mobile walledsmart contract virtual machine compiler, development tools,and multilingual adapters

4
December 2018
Release smart contract module
Inchain joins in NULS
Jason Zhang
Team Jason Zhang Founder & Lead Developer

Lily Wang
Team Lily Wang COO & Co-Founder

Reaper Ran
Team Reaper Ran Co-Founder & Community Leader

Omar Elmir
Team Omar Elmir English Community Leader

Kim Vo
Team Kim Vo English Community Manager - America

Essam Elmir
Team Essam Elmir English Community Manager - Australia

Eugin Lee
Team Eugin Lee English/Chinese Community Manager - Singapore

Niels Wang
Team Niels Wang Core Developer

Vivi Zhou
Team Vivi Zhou Core Developer

Davi Yang
Team Davi Yang Core Developer

Davi Yang
Davi Yang
Core Developer
Core Developer
Essam Elmir
Essam Elmir
English Community Manager - Australia
Strategy Advisor
Jason Zhang
Jason Zhang
Founder & Lead Developer
BACK END DEVELOPER
Blockchain Lead Developer
Lily Wang
Lily Wang
COO & Co-Founder
Reaper Ran
Reaper Ran
Co-Founder & Community Leader
Advisor Co-founder of Nuls