Market Cap: $ 2.27 T | 24h Vol.: $ 67.21 B | Dominance: 53.14%
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NULS (NULS) Price, Live Chart & History

2092NULS
NULS
Buy NULS
Sell NULS
$ 0.635963
0.00001046 BTC
Marketcap
$ 68,976,497
Volume (24h)
$ 2,090,755
Circulating Supply
108,459,999 NULS
Total Supply
∞

 

NULS (NULS) Price Chart

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NULS (NULS) Price History

Delve into the NULS (NULS) price history to understand its long-term value trends.

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Historical Price for NULS
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NULS (NULS) to USD Converter

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What is NULS?

Nuls (NULS) was initially launched as an ERC-20 token on Ethereum blockchain but with the launch of their mainnet, the tokens are now being swapped with Nuls coins on the Nuls blockchain. Nuls mainnet is an open-source public blockchain with a modular architecture which makes it the most flexible in operation for the developers. Various modules are incorporated into the blockchain such as smart contracts, cross chain consensus, multichain system. The main purpose of building this blockchain was to deliver a convenient and flexible technology, easy to adopt for the developers and mainstream industries. The customizable infrastructure of Nuls blockchain improves the enterprise credibility by developing and implementing their own decentralized applications.

Nuls was founded by Jason Zhang, co-founded by Lily Wang and Reaper Ran. The present CEO at Nuls is Liesa Huang. The team consists of 20 other members including developers, system architects, business managers, testing engineers, community managers etc. The advisory board consists of 8 members including Ken Huang, a former Huawei blockchain expert.

The Nuls blockchain is using an innovative Proof of Credit (PoC) consensus algorithm. The working of Proof of Credit protocol is similar to Proof of Stake with a difference that there are two different kinds of nodes requirements in former one. These are agent owner and the Client. The agent owner provides the hardware, creates agent nodes lock deposit and receive commissions from clients. The clients lock the deposits, entrust agent to produce a block and pay commission to agents for producing a block. To become an agent node, the minimum requirement is to stake 20,000 Nuls. The client requires 2000 Nuls to join an agent node. The agent node is not live until he gets enough client nodes so that total amount Nuls at stake is 200,000 NULS. The agent and clients are incentivized for running the Nuls blockchain.

While NULS offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now. Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

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