What Exactly is Nuls?
Nuls is basically a modular blockchain infrastructure. It is a global open-source project that plans to eventually bring private blockchains together and bring them to the public. And, as a modular structure, it is customizable, and it makes it significantly easier to use blockchains.
Nuls can safely be regarded as a continuation of Inchain. Inchain is a Chinese project that is designed to combat counterfeiting – it is often confused with the Inchain insurance project. Inchain currently works with Elephant Alliance, a large firm backed by the Chinese Government and with strong business ties in both the private and public sectors.
Nuls plans to work with Inchain immediately after going live on the main net. This is expected to overcome the hustle of looking for new clients – it will also prove that it is a working product that is ready for mass adoption.
Accommodate multitude of blockchain application usage
Break through technology bottleneck
Reduce technical threshold and cost
Resolving the lack of trust in a centralised database
Technology & Advantages of NULS Ecosystem
Exchange of data and value among chains
Extensive applications & better performance
Less programming for defining service logic
Running logic from NULSVM in a decentralized environment
High scalability and rapid value transmission
Connection via cross-chain consensus modules
Modularization & multiple chains for higher flexibility
Selection of modules offer greater use cases
Improving network technology, storage schemes and encryption algorithms
Independent upgradable modules for continuous improvement and scalability
Higher flexibility and wider application
Online management under NULS module repository
Various customizable modules for public, private, and enterprise blockchains
Connection via cross-chain consensus modules
Supported on various platforms
Information taken from:
