First of all, wtf is a microkernal secondly >open-source and transparent nature of Blockchain do they actually know what they are talking about? What's decentralised is the public ledger, NOT the blockchain itself. Since Z/ oracle shilled for this let's figure out whether it's a scam, non-brainlets welcome.
Jacob Cooper
shh, not yet
Joseph Young
forgot to mention, accumulators counter-signalling not welcome
Michael Thompson
>has team members named Reaper and Moonlight Kek. No thx
Ryder Peterson
shhh
Juan Watson
shh
Kayden Green
That’s badass
Easton Hall
>8. Credit Rating >The crediting system is the coefficient that is used to determine a user’s integrity and trustworthiness in the network. Credit ratings are between -1 and 1 and are automatically calculated based on the behavior of the node using the credit rating algorithm. >Credit Evaluation Formula: >Credit Cardinality = Coefficient of Capacity + >Coefficient of Duty >Coefficient of Capacity: Calculated based on the number of blocks generated in the past >Coefficient of Duty: Calculated based on violation cases and accuracy of blocks generated
Josiah Hill
Shh
Dominic Bailey
>Government.
Wyatt Gomez
you shhh EXPLAIN THIS SHITCOIN PLS
Caleb Evans
shhh I'm still accumulating
Jeremiah Roberts
Breathe
Angel Johnson
shh
Joseph White
lol let them stay mad, i can tell this is going to be an even more interesting place in 2018 than /pol/ was during the 2016 elections
Zachary Bennett
yup
if we have another 10x bull run most of us are going to be rich af. the average Veeky Forumstard will have over 100k without larping
Ryan Moore
>/pol/ >interesting >2016 election you are one of those boomers/ plebbittors aren't you?
Carson Rogers
just sitting here, waiting for 200usd eoy 2018 NULS with my 15k nuls stack.
Joseph Gutierrez
Delete this OP. Stop shilling this faggot.
Noah Fisher
NO
Put NO
Put hate type finger
HEY
Put finger down
Breathe with z
Ooooooh
Aaaaaah
Good
Now watch
Don't even buy
Just watch
Juan Baker
It's a thread to talk about a whitepaper, IDGAF what you think about Z, why can't we just have an objective discussion about actual technology on Veeky Forums for once instead of endless counter-signaling and price speculation?
Evan Thomas
I'm jealous user. Just got in after z posted - a few hundred was all I could grab (in too many other positions I don't want to exit ).
Liam Kelly
this
Bentley Watson
lol, been around since /b/ in '08 in my early college days
David Scott
This is the one.
Kevin Ward
breathe
Ryder Anderson
>10. NULS Smart Contract >NULS has a built-in smart contract virtual machine (NULSVM) that is structurally between the external service module (e.g. RPC module) and the underlying infrastructure module (e.g. network module, storage module or account module). >It also supports various higher-level programming languages to cater towards the developer that wants to develop in their desired language and compiles the program through the interpreter so that the VM can understand and read the application. so basically it's chainlink but normies can use it? That's what NULS is right? But why does it need a token, I don't get that for chainlink either. Spoonfeed me. fair enough guess it was exciting for some
Cameron Adams
Let me sum it up. Oracle is a brainlet. He recognized a inverse head and shoulders pattern on the BTC and thought the price would go up and it did. Now he believes he is some kind of genius for predicting BTC would go up so he thinks he's intelligence applies to other coins too. He read an article on how NULS won a competition beating out NEO and decided NULS will be the next NEO because of this. That's how we got to where we are now.
Carter White
SAY SOMETHING OBJECTIVELY USEFUL ABOUT IT INSTEAD OF JACKING OFF OVER HOW THIS COIN WILL MAKE YOU RICH
Nicholas Young
z laugh out loud
biz ask z
HEY
HEY Z
what coin?
Z tell savior coin
just
shh
breathe
watch
Luis Parker
Nuls is a customizable blockchain in two parts: a microkernel and sub chains. The microkernel is a minimalistic software module that controls a network of customizable sub chains. The sub chains are designed to be developer-friendly and will be available for public, private, or business consortium use. The sub chains have smart contract functionality and the ability to communicate with each other to create an ecosystem of information. The idea is that an individual or group can create their own blockchain without having a ton of expertise. Holding 2,000 Nuls or ~$5,000 worth will grant a user the right to run a node. Each node will receive a credit rating calculated by an algorithm based on the number and accuracy of blocks generated. Sub chain operators will be required to pay Nuls tokens.
Owen Davis
lmao
Isaac Mitchell
you need 2000 to stake your tokens. 20000 to run a node. BUT these numbers are not yet decided for good. They are in the yellow paper but they still can go lower before main net.
Carson Carter
The whitepaper has a lot of grammar errors, but is mostly OK. My impression is that the English community leads are non-techical and that the founder-developer can speak but not write tech jargon in English.
The microkernal is software that handles events, services and the IO for core modules. It probably also implements cross-chain consensus. I'm guessing it probably has the smart contract opcode, but that will probably be modular too.
The core modules are (subchain)consensus, network, storage, news, account, account book. The core modules can have different features though. For example, the consensus module can be PoW, PoS, or whatever else makes sense for that subchain.
So, yeah, the microkernal is the main chain functionality, plus plugin points for the modules that people download and glue together to implement the subchain that properly mirrors their business case.
>open-source and transparent nature of Blockchain
This is retarded and their English marketer doesn't understand what they are talking about. The whole point of NULS is to set up open source module repositories so that a C-tier developer could read through some documentation and translate a business into a subchain by downloading some modules. Nuls has a developer fund to pay people to add to the repositories and a slow roll-out of modules that they'll be adding themselves.
The writer is retardedly conflating blockchains and ledgers with open source projects like Drupal. It is clear that row 2 of the team page has a few brainlets.
IMO the coin is not a scam. Whether the team can actually do it or not is the issue. Moonlight and Davi Yang have particularly weak looking experience, but maybe the other 3 are good enough to build a third generation China ARK.
Also, China is all about stealing and mashing together other country's ideas. NULS is the epitome of this. This coin is so fucking Chinese.
Jaxon King
>trying this hard to be edgy
get some rope NEET
Austin Cox
sweet >20000 to run a node holy shit so you literally have to dump 50k into this at current price to even be able to use it? That's even worse than how NEO can only send single units of tokens. I guess this node operates to ideally make profit when other people use it or something. Still, that implies a limit to the price for it to be usable. if it's $200 EOY like people are saying, that's 200*20000= 4 million buckaroos just to have you own blockchain thanks, this makes a lotta sense
Kayden Cruz
Since this thread is dying I'll sage and just add that yes, the whitepaper is garbage- conclusion just adds a bunch of seemingly new points that don't follow from the rest of it and the main use case is hard to dig out for a reader. But they will possibly have a working product by July and their roadmap seems reasonable. I might make another spoonfeed/ discussion thread tomorrow about the value of the coins and use cases