This Generation 3 modular blockchain is the T-1000 of enterprise platforms so without further ado…

Just like how new enterprise clients, especially in China, are not waiting for Ethereum (ETH) to fix their issues, nor are their competition. We now have a whole new swathe of next generation blockchains being developed whom promise to eradicate that which ETH struggles with. They are considered ‘Generation 3’ (G3) enterprise platforms or the T-1000 Terminator platforms to tech-insiders!

Generation 3 coins primarily focus on two main things. The first is ultra-high throughput which will allow thousands-millions of transactions to be processed per second. The second is interoperability between blockchains. Since there are ever increasing numbers of blockchains being released into the cryptosphere, G3 platforms are built to allow all of these blockchains to talk to each other and evolve into a larger ecosystem. The best way to intensify organic growth is to achieve super-fluid throughput coupled with blockchain interoperability measures. Sounds good…

Before I continue, please clap this article (you can clap up to 50x) when you finish if you’ve enjoyed the content in some way. The claps are much appreciated and let me know that I should continue to produce crypto-spheric articles… onwards!

NULS is a relatively new entrant emerging onto the scene in October 2017 for a mere US $0.10c (WHAT!, dammit, I missed that). This G3 cryptocurrency jumped to a high of $8.50 in January 2018 thanks to the FOMO induced bullrun. The circulating supply is a lowly 40 million with total supply at 100 million (CMC will not give you total supply information). Right now it’s under $4, that’s still a bargain and fully capable of a x100 plus some.

NULS is taking a modular approach with its blockchain, meaning everything is treated like it’s a module. This includes its smart contracts, ledger, storage, network, accounts, consensus and processor. The reason for this is that any of the modules within the blockchain can be removed and upgraded without taking the whole thing down.

Here is the link to the whitepaper, read it by clicking here.

The tech stuff, read it by clicking here.

Now to the nodes, make sure you understand the tiers, the entry level is only 2000. These are in mainnet right now! Buy your 2000 NULS and stake them ASAP — the process is so easy, please refer to the following guides:

Token swap your ERC20 tokens to NULS mainnet tokens click here.

How to stake your minimum of 2000 NULS click here.

Why is the modular approach so significant?

The modular approach helps massively with transactions and interoperability between blockchains. NULS is built to handle sidechains, which are separate blockchains that share resources with the main blockchain. With this kind of setup, many of the operational transactions with messaging, voting, payments and accounting are offloaded and therefore not clogging up the main blockchain. Fluidity is motion but not vice versa.

Building on the benefit of being modular, NULS constructed the platform to work with multiple strains of consensus mechanisms. That allows sidechains or other blockchains that might be utilizing POS, POW, DPOS, and POC to be able to talk to each other and with NULS. Very nice indeed.

NULS first client is InChain. InChain, which occupies the anti-counterfeit space and has some ties to the Chinese government, will be occupying their own sidechain that will utilize the NULS blockchain.

The Chinese Perspective (try to know it if not understand it)

This is sometimes hard for Westerners to understand. Having lived in Hong Kong, I can relate to, but still not fully understand the Chinese mindset (because I am not Chinese). All I know is that you must try to understand or risk not really knowing what the project is out to achieve. Instead of me rattling on, I suggest you read this article and whilst the English interpretation (translated from weibo.cn) isn’t amazing, it still makes sense. Read it by clicking here.

Do not sleep on this project

Let’s finish with the above as a statement. People slept on NEO (especially when it was called AntShares). Do not sleep on NULS, this G3 platform will be a shape-shifting, enterprise supporting powerhouse. The T-1000 was composed of a mimetic polyalloy (nanorobotics) and able to shape-shift to meet the challenge it was faced with. In a nutshell, NULS is the T-1000, ETH is the T-800 and BTC is the T-600. Don’t expect the storyline to play out like the movie though :)

Do Not Sleep On Me! T-1000 courtesy of Tri-Star Pictures

A brief waffle about the author

I am a Senior Data Scientist by profession, I see patterns in numbers and have made previous employers (ASX top 50 listed) and now my new employer (me) copious amounts of money through this medium (copious is open to interpretation but copious is oodles). I have been dwelling in the cryptosphere since 2013, I have seen a lot including the demise of Mt. Gox and the subsequent scramble to secure my BTC. Now, I’m going to tell you that you don’t need to be a genius to make money in this space, it’s the Wild West, it’s the speculatory heaven of fiat heretics and whale-like beings who induce waves of undulating panic. If you can follow trends, ignore the FUD and carry out quality research, you will succeed in this space, with patience.

Generate wealth with me. Peace.