NULS is an open-source blockchain platform that aims to provide development tools and solutions for blockchain developers. Key features of the platform includes micro-services, smart contracts, cross-chain interoperability, and instant chain-building.
The micro-service layer design of NULS makes it easy for developers to quickly create modules for anything. NULS provides fluid, cost-effective, time-saving solutions for developers with minimum blockchain experience. It also uses a Proof of Credit consensus mechanism, which combines Delegated Proof of Stake (DPoS) with an additional credit rating system.
The NULS Chain Factory is a user interface that allows developers to build a new chain or enhance an existing chain by automatically deploying modules from a shared library.
The NULS token is the native asset of the NULS blockchain and enables the execution of smart contract, as well as all other services in the network.