NULS NULS (Cryptocurrency) Color Changing Mug 11oz

NULS (Cryptocurrency) NULS is an open-source, modular blockchain platform designed for the creation and deployment of custom blockchains. Launched in June 2017, it positions itself as a solution to the challenges faced by businesses when adopting and implementing blockchain technology. The unique feature that sets NULS apart from other cryptocurrencies is its modular design, which enables rapid development and deployment of customized blockchains to suit specific business needs. These custom blockchains can be linked together in a flexible network known as the "Chain-on-Chain" structure. This design allows for the sharing of resources between different blockchains within the network, enhancing scalability and interoperability. NULS uses Proof of Stake (PoS) consensus algorithm to secure its network, promoting energy efficiency compared to other consensus mechanisms like Proof of Work. As a cryptocurrency, NULS can be traded on various digital asset exchanges and serves as the native currency within the NULS ecosystem.