In March 2023, the NULS team announced the activation of ENULS, which is a significant milestone for us this year. Currently, most of the previous NULS ecosystem projects have completed the migration to ENULS, meanwhile, more projects are being integrated to enhance the dapps interacting experiences for our users.

Let’s have a quick look at what’s happening in the fast-growing ENULS ecosystem right now!

Infrastructure

ChainBox

ChainBox is an out-of-the-box solution to chain-building. It encapsulates six underlying modules: ledger, accounts, transactions, blocks, consensus, and network. ChainBox eliminates the necessity of direct blockchain experience and the need to understand distributed data storage, point-to-point transmission, consensus mechanisms, and encryption algorithms. Instead of spending time on blockchain architecture, developers can focus on creating independent business modules based on standard communication protocols, then form a brand new application chain in minutes with ChainBox.

https://docs.nuls.io/Docs/c_chain_box.html

NULS

NULS is a blockchain infrastructure that provides customizable services andaglobal open-source community blockchain project. NULS adopts micro- services to achieve a highly modular underlying architecture, using smart contracts and cross-chain technologies, combined with the ability of ChainBoxto quickly build chains, reduce development costs, and accelerate blockchain business application landing.

https://nuls.io/wp-content/uploads/2023/02/NULS_WhitePaper_v2.1_EN.pdf

ENULS

ENULS, initiated by the NULS community, is a blockchain that is fully compatible with EVM and Web3 API interfaces. ENULS uses the NULS as the main asset in its network. The contract assets and chain assets from NULS can also be bridged to the ENULS network.

https://nuls.io/enuls/

NerveNetwork

NerveNetwork is a decentralized digital asset service network and a blockchain cross-chain interaction protocol based on NULS microservice framework and developed with NULS ChainBox. It aims to break the Isolated value island of the blockchain, establish a network that is suitable for multichain assets to interact, and provide all the necessary underlying support for the Defi application ecosystem. Let every digital asset holder enjoys truly secure, free, and transparent Defi application services.

#nuls #enuls #nervenetwork #koinmilyoner #BTC

What is WNULS

The launch of ENULS brought more opportunities to NULS ecosystem and expanded the fundamental use cases for original NULS assets. To meet more DApp requirements and community demands, WNULS was created.

WNULS is the wrapped version of NULS assets used on ENULS blockchain. Minted on SwapBox and characterized by a 1:1 peg ratio with the native NULS token. You can use WNULS to interact with ENULS-based dapps.

Given an example of Wormhole3, a web3 curation platform built on ENULS. You can use Wormhole3 to create a curation and reward those who interact with your curation with WNULS tokens, but you can’t reward them with NULS token native, because the smart contract of wormhole does not support NULS native tokens. That being said, the following content will guide you the exact step to obtain WNULS tokens!

How to get WNULS on SwapBox

Visit SwapBox DApp ( https://swapbox.nabox.io/), and Switch to ENULS network.

To proceed, you will need NULS token on your ENULS blockchain, if don’t have any, click here to learn How to crosschain NULS token from NULS to ENULS.

Swap “NULS” to “WNULS”

Select “NULS” assets, enter the amount.

Select “ENULS” as your target asset.

Click “Next”.

Confirm your order.

Sign the transaction with your wallet password.

Congratulations, you have now successfully completed the swap! It uses the same swapping route when you want to swap back. In the action, very little NULS as the gas fee is charged, in fact, the whole ENULS blockchain is very gas-friendly!

#nuls #enuls #nabox #nervenetwork #koinmilyoner

The concept of Web3 encompasses the vision of a next-generation, decentralized Internet that puts an enormous emphasis on security, autonomy, and privacy. It is what the whole blockchain and crypto ecosystem, including NABOX, has been working towards ever since its inception. And since the wallet is the tool that enables users to interact with this decentralized Web3 world, we decided to take you on an exploratory journey of the different types of wallets existing in the crypto space.

We will evaluate their characteristics and features, with the aim of helping you choose the right wallet for your needs. In fact, given the enormous amount of scams and frauds taking place in the space on a daily basis, it is of utmost importance for you to know how safe and protected your funds will be when different types of wallets are used. Additionally, we will use this opportunity to demonstrate NABOX Wallet’s advantages and benefits.

Crypto vs. Web3 Wallets

A crypto wallet is generally a service enabling users to send and receive cryptocurrencies, whereas a Web3 wallet may have added support for other crypto assets such as NFTs, virtual land or GameFi rewards. A Web3 wallet usually enables you to interact with decentralized applications (dApps) and is essentially your gateway into the Web3 world. Though, both crypto and Web3 wallets can share similar characteristics in terms of security, custody, and centralization, and can be divided into:

Centralized vs. decentralized wallets

Custodial vs. non-custodial wallets

Hot vs. cold wallets

Centralized vs. Decentralized Wallets

A centralized wallet is a service offered by a centralized exchange. It is easy to set up and use, comes with a clean interface and technical support. The downside is that users’ accounts and funds are stored and managed by one centralized entity which by extension represents a single point of failure and is vulnerable to attacks. Centralized exchanges, part of the so-called CeFi (Centralized Finance as opposed to DeFi, Decentralized Finance) sector of the crypto economy, represent a critical systemic risk for the industry as we have repeatedly witnessed throughout 2022, lately in the FTX debacle. However, they are essential for the onboarding of new users into the space and, in general, for crypto’s mass adoption.

On the contrary, decentralized wallets store and manage funds and assets in a decentralized manner, and thus provide a higher level of security, privacy, and autonomy. The NABOX Wallet, of course, falls in that category.

Custodial vs. Non-Custodial Wallets

A beginner user will surely be confused when hearing the term “custody” in the context of wallets, but it is an important concept in the crypto space. In essence, it refers to who is responsible for managing and storing users’ private keys, and by extension their funds and assets.

Centralized wallets are usually custodial wallets i.e. a third-party centralized entity providing the service also controls users’ private keys. Such wallets are the preferred option for inexperienced crypto users who often feel overwhelmed by the “daunting” job of private keys management. When using a custodial wallet they are not required to keep, store or even care for their private keys. But, whoever controls the private keys, controls what is stored in the wallet and we can safely say that your funds are not really yours if you don’t have your private keys.

Non-custodial wallets are a safer option since users are responsible for the protection of their own private keys. Beginner crypto users may find non-custodial wallets a bit more difficult to use, but in return their assets would be in their full control. Indeed, if you lose your seed phrase, your funds will be effectively gone, but on the bright side, you’ll have only yourself to blame.

Naturally, the NABOX Wallet is also non-custodial: your private keys and mnemonics get encrypted and stored locally in your device. That way, neither NABOX nor the websites and dApps you are interacting with have access to them.

Hot vs. Cold Wallets

As you may have figured out already, the categories of “hot” and “cold” do not refer to the wallet’s physical temperature, but instead translate into whether the wallet is connected to the Internet or not. As a rule, hot wallets are software wallets that live on the Internet and can only be used when online. They may take the form of a desktop or a mobile application, or a browser extension. Hot wallets may be custodial or non-custodial, so make sure you take that into account when choosing a wallet.

The NABOX Wallet is currently existing as a Chrome and Brave browser extension, although a mobile application is in the works as well.

On the other hand, cold wallets can be used offline and are considered one of the most secure solutions for self-custody of crypto assets. The most popular cold wallet solutions are the hardware wallets — USB key-like devices designed to store the private keys of their owner.

Fortunately, some software wallets, the NABOX Wallet included, allow for the integration with a hardware wallet aimed at delivering higher levels of security.

What are smart wallets?

Smart wallets are a new generation of crypto wallets that try to combine the user-friendliness of hot wallets with the security of cold ones. They often replace the traditional crypto wallet identification process consisting of a seed phrase with simply a combination of an email address and a password. Additionally, unlike other crypto and Web3 wallets where losing your seed phrase automatically means losing your money, smart wallet accounts can be restored. They also offer a social recovery process that entails the use of several keys held by different people.

The research and innovation in the crypto wallet department continue. Such new features and options as those introduced by the smart wallets are necessary if we want to close the gap between Web2 and Web3 and to make users as comfortable as possible with crypto.

What is NABOX vision for a Web3 wallet?

Nabox is a cross-chain DID application built for Web3.

With Nabox, you can manage assets across different blockchains whether for DeFi, GameFi, NFTs, and other use cases that come up. Nabox is your gateway to the multi-chain world. Nabox uses an asymmetric cryptographic algorithm as the basis of Nabox's DID. Users use the same set of keys and public keys to manage assets and data on different blockchains.

#Web3 #nabox #nuls #wallet #koinmilyoner

Nabox Wallet (both Apps and chrome plugin) has supported assets and hot DApps from zkSync since March 28th, 2023🎉

This tutorial is to show you how to interact on zkSync.

Please be aware ⚠️ it will cost gas fee.

Welcome all new users to download Nabox Wallet to give it a try https://nabox.io

1.Switch your network to Ethereum or zkSync

2.Find and enter “zkSync Era Bridge” on DApp page, then connect your wallet to bridge your assets from Ethereum to zkSync Era.

3.Find and enter “SyncSwap” on DApp page, then swap and add liquidity in pools.

4.Nabox Wallet also supports zkSync Ecosystem to help you experience various DApps on zkSync network.

If you have any questions, please join our family on Telegram group:https://t.me/naboxcommunity or Discord:https://discord.gg/mQVXZJXMkn

About Us

Nabox is a Cross-chain DeFi wallet with DID capabilities built for Web3.

Built on the cross-chain friendly NULS blockchain, Nabox enables seamless transactions and swaps across various chains via NerveNetwork technology.

Nabox — the simple, user-friendly gateway to DeFi.

#Binance #naboxwallet #BTC #nuls #DeFi

Nabox Wallet is a non-custodial cryptocurrency wallet that allows users to securely store, send, and receive various digital assets. It was created by NULS, a blockchain infrastructure provider, and is designed to be easy to use, with a user-friendly interface.

Nabox Wallet supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Binance Smart Chain, and many others. It also includes a decentralized exchange (DEX) that allows users to trade cryptocurrencies directly from within the wallet.

One of the unique features of Nabox Wallet is its integration with NULS' cross-chain technology, which allows for easy transfer of assets between different blockchains. Additionally, Nabox Wallet has a built-in function that enables users to participate in various blockchain-based applications and services.

Nabox Wallet is available as a mobile app for both iOS and Android devices, as well as a browser extension for Google Chrome and Mozilla Firefox. As with any cryptocurrency wallet, it is important to take proper security measures, such as setting a strong password and backing up your seed phrase.

#nuls #Binance #crypto2023 #naboxwallet #BNB

Nabox is a cross-chain DID application built for Web3.

With Nabox, you can manage assets across different blockchains whether for DeFi, GameFi, NFTs, and other use cases that come up. Nabox is your gateway to the multi-chain world. Nabox uses an asymmetric cryptographic algorithm as the basis of Nabox's DID. Users use the same set of keys and public keys to manage assets and data on different blockchains.

SwapBox aggregates mainstream DEXs to provide users with asset exchange and asset cross-chain exchange, and intelligently find the best exchange path.SwapBox aggregates mainstream DEXs to provide users with asset exchange and asset cross-chain exchange, and intelligently find the best exchange path.

Nabox was created in 2018 as simply a wallet built for the NULS ecosystem, for the purpose of sending and receiving NULS tokens.

NULS is a blockchain infrastructure project that was built with cross-chaincapabilities in mind, back when "cross-chain" was even a buzzword. Tothat end, NULS even incubated a cross-chain protocol in 2019, NerveNetwork, which now forms the foundation of Nabox' cross-chain functions.

As DeFi started becoming more and more popular, the vision of NULS startedbecoming more and more apparent. Sensing the market demand for a cross- chain wallet, the decision was made to branch Nabox off as an individual project so as to be able to dedicate resources for independent growth.

As a cross-chain application, Nabox strives to achieve compatibility withthemajority of existing DApps across various chains, allowing seamless transfers and swaps and providing users a safe and efficient experience.

Nabox uses an asymmetric cryptographic algorithm as the basis of Nabox's Digital ID. Users use the same set of keys and public keys to manage assets and data on different blockchains.

Account Layer: Nabox connects to various public chains, creating an applicable address for each chain, all requiring only one private key, allowinginternal transfers and yet at the same time achieving cross-chain functions viaNerve's cross-chain capabilities.

Network Layer: A compilation of the largest number of DApps across variouschains, currently including Ethereum, BSC, Heco, OEC, Nerve, NULS, andothersto come.

Protocol Layer: Web3j, Wallet connect, Other signature algorithmprotocols.

Application Layer: Consists of 3 main modules: Cross-chain transfer, Cross- chain swap, DApp plugin.

#Binance #crypto2023 #naboxwallet #nabox #nuls

We firmly believe in the resilience and potential of Bitcoin, and any cryptocurrencies that are valuable and generate innovative goods for the community. As a reflection of this belief, we have announced multiple Bitcoin features in the NULS 2024 roadmap, detailed on our website. To accomplish this objective, we have pursued several strategies:
1. Bitcoin Cross-Chain Integration
Utilizing the NULS ChainBox framework, our parallel chain, NerveNetwork, has successfully integrated with the Bitcoin network, and cross-chain transfer from the Bitcoin Network is currently enabled. This milestone allows users to seamlessly transfer BTC assets into NULS network and its parallel chain, NerveNetwork. Moving forward, we plan to launch liquidity mining program, expanding utility for BTC holders in NULS ecosystem.
2. A Combination of POCM and BRC20
NULS POCM staking platform is a restaking protocol built on NULS, offers NULS holders the opportunity to earn staking rewards without risking their assets.
After our cross-chain provider, NerveNetwork, fully completes the implementation for Bitcoin. we intend to harness NerveNetwork’s cross-chain capabilities to extend invitations to Brc20 ecosystem projects to join our POCM staking program. This will empower NULS holders to stake their assets and earn BRC20 tokens as rewards.
3. Support for BTC as gas on the NULS Mainnet
BTC is the totem of cryptocurrencies, and we will always remember and strive to promote the widespread adoption of BTC. Recently, the NULS community released the NIP-9 proposal, “Support for BTC/ETH assets as gas fees on the NULS mainnet,” this idea will benefit other Layer 2 networks created using NULS ChainBox and integrated into the NULS parallel chain with BTC/ETH as the primary assets.
The NIP-9 proposal is being discussed: https://forum.nuls.io/t/nip-9-add-btc-eth-assets-to-the-nuls-main-network-for-gas-fees/315
4. Integration of BTC Layer 2 modules into NULS ChainBox.
Relying on NULS ChainBox technology, a customized blockchain can be created in a few minutes and connected to the Bitcoin network via NerveNetwork crosschain solution.
The integration of Bitcoin into the NULS ecosystem marks a significant advancement for NULS in cross-chain interoperability and utility expansion. Together, we will achieve incredible growth in this cycle!
#HotTrends #Bitcoin(BTC) #nuls

NULS is a blockchain infrastructure provider that aims to make it easier for developers and businesses to create and deploy blockchain solutions.

NULS achieves this goal by providing a modular and customizable blockchain framework that allows developers to easily build and launch their own blockchain applications. The NULS blockchain is designed to be highly scalable, secure, and efficient, and it offers a wide range of features and functionalities to support different use cases.

One of the key features of the NULS blockchain is its modular architecture, which enables developers to create and customize their own blockchain modules based on their specific needs. This allows for faster development and deployment of blockchain applications, as developers can reuse existing modules and focus on building the unique features of their application.

In addition, NULS also offers a range of development tools, resources, and support services to help developers throughout the entire blockchain development lifecycle. This includes a comprehensive developer portal, community forums, and developer bounties to incentivize the creation of new modules and applications. Overall, NULS is making it easier for developers and businesses to innovate and create new blockchain solutions by providing a flexible, scalable, and developer-friendly blockchain framework.

Interoperability: As more blockchains are created for different purposes, there is a growing need for these blockchains to communicate with each other.

Interoperability solutions such as cross-chain bridges and protocol interoperability layers may become more prevalent, allowing for seamless communication and transaction between different blockchain networks.

Scalability: As blockchain adoption grows, so does the need for increased scalability. Solutions such as sharding, sidechains, and Layer 2 solutions like state channels and rollups could help address this issue.

Privacy: Privacy and security have always been important considerations for blockchain technology. Advancements in privacy technologies such as zero-knowledge proofs and homomorphic encryption could make blockchains even more secure and private.

Sustainability: The environmental impact of blockchain technology has become a growing concern. Next-level blockchain solutions may address this issue through more energy-efficient consensus algorithms, or by leveraging renewable energy sources.

Use-case specific blockchains: As blockchain technology matures, we may see more specialized blockchains designed for specific use cases, such as supply chain management, healthcare, or digital identity verification. These blockchains could be optimized for specific requirements and offer unique features tailored to their specific use case.

These are just a few possibilities for next-level blockchain solutions, but as with any emerging technology, the future is uncertain and the possibilities are endless.

What is ENULS

ENULS, initiated by the NULS community, is a blockchain that is fully compatible with EVM and Web3 API interfaces. ENULS uses the NULS as the main asset in its network. The contract assets and chain assets from NULS can also be bridge to the ENULS network.

ENULS can be also seen as a layer2 scaling solution for Ethereum that brings better performance and lower gas-fee cost. Meanwhile, ENULS blockchain will also be supporting efficient deployment of the Ethereum ecosystem projects.

The crosschain capability from NULS’s Parallel Chain - NerveNetwork, will empower assets from ENULS to be transferred & interacted with multi-chains, such as Ethereum, BNB Chain, Optimism, Arbitrum, Zksync, Tron, etc…

#nuls #BTC #BNB #enuls #crypto2023