Why did the printing chain need to be replaced with nuls
After the release of the white paper on why the printing chain needs to be replaced with nuls nuls, we have seen the development of the NULS project
In the second half of 2020, with the continuous development and application of blockchain technology, the value of the ecosystem has put forward high requirements – the emergence of new concepts such as NFT, encrypted collections and Metaverse has provided a new and more free way for people to participate in and share content. But this new model also brings many challenges: why turn a product into NUl when it cannot meet everyone’s needs? Because this will greatly reduce user experience issues and also be a significant burden for developers. However, technically speaking, since a large number of Ethereum based Dapps have emerged and been well known (for example, the recent hot project is the launch of Ethereum smart contract platform Infura), many teams have chosen not to use these tools for construction. Therefore, India Chain decided to change the original roadmap from the beginning
In order to solve this problem, the Nuls team has designed a very simple and effective solution – create a decentralized social media protocol with the Ethereum blockchain, so that all people with Twitter or Facebook accounts can access their personal data without paying any fees. This allows the entire community to easily and seamlessly exchange information Currently, Nuls is still in the testing stage and requires a lot of feedback from developers and users to complete. Next, we will explore the future development direction and advantages of the Nuls project. What is Nuls? By introducing Nuls in simple language, you can quickly understand how it works, including but not limited to:
1. The Nuls protocol is a fully open and open source infrastructure
2. The Nuls protocol has high security and interoperability
3. The Nuls protocol allows anyone to create their own tokens and use them for transactions without the need for KYC
4. The Nuls protocol supports asset transmission and transfer across multiple blockchain networks
5. The Nuns protocol can achieve real-time transactions between any blockchain and programmable currency conversion across different blockchains without intermediaries The Nuls protocol adopts a unique consensus algorithm and dynamic random number mechanism (such as ERC20 and BEP20) as its infrastructure. Through this consensus method, it can be ensured that each node has an independent network
7. The Nuls protocol is a completely code driven decentralized governance system, where each participant is a member elected by voting The Nuls protocol aims to establish a distributed autonomous organization (DAO) based on multiple principles.
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