The concept of modular blockchains gained significant attention last year when Celestia unveiled its ambitious plans. Since then, the modular thesis has gained momentum, witnessing the launch of numerous data availability layers. It’s essential to recognize that the concept of modular blockchains is not an entirely novel idea exclusive to Celestia. This article will explore and explain how NULS blockchain is positioned on the modular blockchain map. More importantly, introduces a powerful tool, that stands behind the NULS modular — NULS ChainBox.
In general, NULS ChainBox solution provides developers with an extensive suite of tools to build highly customized blockchains choosing modules from a common repository, modifying them, or even adding new ones.

What is NULS ChainBox?
ChainBox is an out-of-the-box solution for blockchain development. It encapsulates six underlying modules: ledger, accounts, transactions, blocks, consensus, and network. ChainBox eliminates the necessity for direct blockchain experience and the need to understand distributed data storage, point-to-point transmission, consensus mechanisms, and encryption algorithms. Developers can focus on creating independent business modules based on standard communication protocols, forming a brand-new application chain in minutes with ChainBox.

NULS ChainBox Key Features
NULS ChainBox is meticulously crafted to empower enterprises and application developers in seamlessly constructing blockchain applications. Its primary objective is to liberate users from the intricacies of blockchain technology, enabling them to channel their focus on actualizing their business innovations. Its key features include:
Quick setup of the development environment
NULS ChainBox streamlines the development environment's setup process, ensuring a quick and hassle-free initiation for users. This feature allows developers to dive into their projects without the cumbersome task of grappling with complex technical configurations.
Lowering the threshold of application development by using templates
Designed as an extension of NULS 2.0, ChainBox significantly lowers the barriers to application development through templates. By leveraging predefined templates, developers can expedite their workflow, harnessing a simplified approach that accelerates the creation of blockchain applications.
Reducing the difficulty of integration
NULS ChainBox goes beyond template usage by providing scripts and facilitating one-click generation of executable programs. This strategic approach drastically diminishes the challenges associated with integrating applications with NULS. Users can seamlessly integrate their projects with the blockchain, thanks to the user-friendly templates and accompanying scripts.
By leveraging various modules provided by NULS, NULS ChainBox enables developers to flexibly create and assemble their blockchain tailored to diverse business enterprises. Currently, we have witnessed several developers utilizing NULS ChainBox to assemble their blockchains, such as NerveNetwork, ENULS, ICW CHAIN, etc, and NULS ChainBox will continue to service the crypto community in the future.

#NULS #nuls. #ModularBlockchain #celestia #NULSChainBox

The current state of innovation exhibits a consistent trajectory of advancement, surpassing previous human achievements. The rapid pace at which new technologies are evolving beyond the expectations of human imagination. Among the vast array of technologies available, only a select few have demonstrated longevity and efficacy in addressing a multitude of challenges. One example of such innovation is the implementation of Blockchain technology. In the past twenty years, there has been a significant push towards digitalization in the physical world, driven by the necessity to cater to the diverse requirements of emerging generations. The understanding of blockchain innovation is crucial in comprehending a technologically sophisticated society, as it enables the efficient management of digital assets and facilitates secure value transfer within a decentralized and trustworthy framework.
The technology known as blockchain is primarily rooted on the principles of encryption and the utilization of a distributed ledger system among peers. The aforementioned technology possesses significant capabilities that effectively counterbalance the conventional centralized technology reliant on third-party entities. The system operates in a manner akin to global internet connectivity, facilitating value transfer within a trustless environment. A significant volume of data is transmitted over the internet via a centralized server, which serves as an intermediary for routing the data to its intended recipient. Blockchain technology eliminates the need for a centralized server and facilitates transactions through a decentralized peer-to-peer distributed ledger.
In this particular context, it can be argued that the utilization of Blockchain technology presents a scenario in which trust is no longer a must. However, it is important to note that the implementation of Blockchain technology has not yet reached a stage of convergence when consumers or companies can effortlessly navigate its functionalities akin to running commonplace devices such as smartphones or laptops. The Blockchain technology is currently regarded as a sophisticated and technologically advanced system, particularly in terms of its practical implementation. Unless the structure of the blockchain technology is made more modular, it will remain challenging for individuals with limited expertise to enter the field. Consequently, it will continue to be seen as a significant technological obstacle for its utilization in real-world contexts.
The objective of simplifying the intricate application interface of Blockchain technology is achieved with the introduction of the NULS architecture. This design facilitates the easy application and deployment of Blockchain technology by breaking down the blockchain into several modules. Users or organizations have the option to select and configure modules according to the specific requirements of their business principles. By utilizing the developer tools provided by NULS, it is possible to create a customized sub chain that caters to the specific needs of a user or company.

The utilization of the NULS Blockchain offers significant time-saving benefits. The utilization of NULS' modular Blockchain and the implementation of parallel growth principles have the potential to significantly enhance the adoption of Blockchain technology within the business domain. The accessibility of Blockchain technology has been enhanced, allowing anybody to utilize it without requiring a comprehensive understanding of its technical intricacies. Enterprises who are interested in integrating Blockchain technology into their company operations may now readily do so through the utilization of #NULS modular Blockchain.
#tia #ModularBlockchain

The price of Celestia has experienced a fall of 6% over the course of the previous two days, following a notable increase of 143% over the preceding week.
If the 23.6% Fibonacci retracement level is breached, it is possible that Celestia's stock price may decline to $5.
In the forthcoming year, a daily release of 998.58K TIA tokens, valued at $5.8 million, is scheduled.
The price of Celestia has had a notable surge since its initial release on October 31, establishing itself as one of the cryptocurrencies that have made a big impact on the market. Nevertheless, in the upcoming trading sessions, it is anticipated that the cryptocurrency may see a decrease due to the substantial influx of supply that is expected to enter the market.
The Celestia tokens are made available for unlocking on a daily basis.
Celestia, a recently introduced cryptocurrency, has garnered significant interest within the cryptocurrency market because to its rapid ascension to the ranks of the top 100 cryptocurrencies. The alternative cryptocurrency (altcoin) presently possesses a market capitalization of $793 million, accompanied by a circulating supply of 141 million TIA.
The observed rise in demand over the previous ten-day period has led to a significant jump in the price of the cryptocurrency, with a notable 143% gain recorded over the past week. Nevertheless, in the foreseeable future, there exists a possibility that Celestia might potentially see a decline in its acquired benefits, as the market is anticipated to witness an influx of TIA tokens.
In the forthcoming year, a daily release of over 998.58 thousand TIA, valued at over $5.8 million, is anticipated. The cumulative value of TIA that is expected to be unlocked within the upcoming week, month, and year amounts to $40.6 million, $180 million, and $2.1 billion, correspondingly.
It is expected that there will be a drop in the value of TIA, as those who have achieved profits in the previous week would likely seek to safeguard their gains. This decline may be attributed to the equilibrium between supply and demand. This is expected to lead to a decrease in pricing. Moreover, irrespective of profit realization, the augmentation of supply has a tendency to erode the intrinsic worth of an item as time progresses.

However, if the market becomes accustomed to the daily influx of TIA valued at $5.8 million, the aforementioned scenario may be rendered worthless.
The potential for Celestia price to elicit surprise is evident.
The price of Celestia had a significant increase of 143% throughout the past week, followed by a subsequent decline of 6% over the course of the last 48 hours. Currently priced at $5.61, TIA is gradually approaching the 23.6% Fibonacci Retracement level, which is situated at $5.52 and is derived from the range between $6.54 and $2.25.
The absence of this support line would lead to a decline in the altcoin's value, causing it to approach the $5.00 threshold, which aligns with the 38.2% Fibonacci Retracement level. In the event that investors want to divest their interests in the vicinity of this threshold as a precautionary measure against probable losses, there is a possibility that the value of TIA may decline below $5.00.
Nevertheless, in the event that TIA investors choose not to realize their gains and the market does not perceive the influx of tokens as a detriment to price movement, there is a possibility that the Celestia price may rebound from either the $5.52 or $4.90 thresholds in order to preserve the profits it has recently accrued. The validation of the bearish thesis would be negated if the $5.52 level is reclaimed as a support, so providing TIA the required support to potentially achieve more gains.
#tia #ModularBlockchain #NULS

Modular blockchains are one of the most exciting developments of the year, and Dymension is building on #Cosmos technology by providing the ability to effortlessly deploy RollApps chains.
Let's take a closer look at Dymension, the Home of RollApps.

What is Dymension?
Dymension is a modular blockchain. It differs from traditional monolithic blockchains commonly found in the space, such as Ethereum, by handling data availability, consensus, consensus, and execution in a single network.

A modular blockchain is a type of blockchain that outsources at least one of its four components (data availability, consensus, consensus, and execution) to an external chain to increase performance, efficiency, and scalability.

We can define Dymension as a network of modular blockchains called "RollApps", with Dymension Hub at its core. Dymension Hub is solely responsible for consensus and consensus, making it a modular blockchain.

The complete architecture includes several key components:
Data Availability: Dymension needs a data availability provider like Celestia.
Dymension Hub: Responsible for consensus and consensus.
RollApps: Responsible for executing transactions within the network.

As you can see, components that were originally part of a single monolithic chain are now separated into different chains.
One chain is responsible for data availability, the other handles consensus and consensus, and RollApps are responsible for execution.

What are the features of Dymension?
First, a key feature of Dymension is the ease of creating and distributing permission-free, application-specific rollups known as “RollApps,” thanks to the Cosmos SDK-inspired RollApp Development Kit (RDK).

Dymension's RDK simplifies the creation of RollApps by providing modules with common functionality and all the necessary tools and support to create, launch and run RollApps within the ecosystem.
Secondly, Dymension will be heavily dependent on IBC. Using IBC, users have the ability to connect various chains such as Cosmos Hub or Osmosis to Dymension Hub and then connect them to various RollApps.

Third, Dymension will have a native AMM in the payment center to achieve common liquidity as well as shared security.
AMM is designed to expose RollApps to efficient asset routing, price discovery and shared liquidity for the entire ecosystem.

What are the benefits of RollApp?
No need to bootstrap validator set
Leverage the security of Dymension Hub Leverage shared liquidity
You only need to focus on Execution
Connect with other IBC chains
RollApps users interact directly with the RollApp itself and ultimately network fees are paid based on specific RollApp application logic.
In this way, Dymension serves as a key component in the modular narrative of the Cosmos ecosystem.

#ModularBlockchain #Cosmos

Using the Proof of Credit (PoC) consensus method (dPoS plus credit rating) for mining via staking, NULS is a blockchain project driven by microservices. NULSTAR, a microservices-based framework, is a part of the NULS modular architecture. It is said to provide enterprise-grade blockchain solutions for smart contracts, private chains, public chains, decentralized applications (dApps), and NRC-20 tokenization. In July of 2018, the mainnet for NULS 1.0 was released. Chain Factory is NULS's flagship product; it's a chain-building tool that lets organizations use any of the modules available in the NULS Module Repository, including cross-chain consensus for the circulation of asset value, with a simple plug-and-play setup.
The breakdown of a typical Blockchain entails several components, including a ledger, smart contracts, accounts, storage, and consensus mechanisms. The modular components inside the NULS system are recognized as fundamental elements of the Blockchain. These components possess a high degree of flexibility and may be tailored to meet the specific needs of individual users. The blockchain of NULS is commonly referred to as a modular blockchain due to its distinctive characteristics. The modular Blockchain architecture of NULS comprises the following components:
The micro-kernel is a software architecture that aims to minimize the size and complexity of the kernel by delegating most operating system functions to separate functional modules.
Within the NULS ecosystem, the Blockchain is effectively partitioned across many distinct modules. NULS encompasses a diverse range of intrinsic components.
The database module is a component of a software system that is responsible for managing the storage, retrieval, and manipulation of data. It
The maintenance of the database is carried out via the service interface.
The cache module is a software component that is responsible for storing and retrieving data in a computer system. It is designed to improve the
The caching feature offered by NULS encompasses the entirety of the system, enabling the creation and manipulation of cached data.
The network module is a component that facilitates communication and data exchange between different devices or systems inside a network. It enables the establishment,
The major purpose of the Network module is to provide communication services for the NULS Blockchain, manage p2p nodes, and facilitate the transmission of network data to the event bus.
The account module is a component of a software system that manages user accounts and their associated information. It provides functionality for creating, updating
The primary functionality of the Account module encompasses the management of accounts, including operations such as creation, importation, exportation, and password configuration. The NULS account has the capability to be shared by both the main-chain and sub-chain.
The Event Bus module is a software component that facilitates communication and coordination between different modules or components inside a system. It acts as a central hub for the exchange of events,
The fundamental purpose of the Event Bus Module encompasses the transmission, reception, filtration, distribution, and publication/subscription of events.
The consensus module refers to a component or module inside a system that is responsible for achieving consensus across several participants or nodes in a distributed

The primary function of this module is to oversee and manage several aspects of the consensus process, including consensus operation, block verification, consensus reward calculation, reward distribution, transaction fee calculation, and the implementation of punishments for nodes that violate the established rules and protocols.
The Ledger Module is a component that facilitates the recording and management of financial transactions inside a system. It is designed to maintain an accurate
This accounting ledger records the transactions of all the blocks. Furthermore, it delineates the fundamental procedures associated with NULS token transactions.
The source of the image is wp52.png.
In this discussion, we will explore the concepts of module management, service bus, and event bus. The NULS Micro-Kernel is comprised of these three constituent components. The microkernel is responsible for the management of all the modules.
The Module Manager is tasked with the responsibility of facilitating the loading and unloading processes of all modules within the chain.
The Service Bus is responsible for managing the service handling of each module.
The Event Bus is tasked with facilitating the publishing and subscription of events inside a module. The events occurring within the NULS network may be classified into two distinct types:
Local Event- An event that takes place inside a certain geographical area or community.
A network event refers to the occurrence of events that include the interaction and communication between various nodes within a network.
The NULS network employs a hierarchical data format for events, which is organized into distinct levels including the Logic Layer, Module Layer, and Cross-chain Layer. The implementation of a layered data structure for events enhances the scalability of the NULS Blockchain.

The internal implementation of each module is limited to its own scope, ensuring that the upgrade of one module does not disrupt the functioning of other modules.
The NULS framework is characterized by its modular architecture, which allows for individual modules to be upgraded in accordance with technological advancements. The communication and interaction between these modules is facilitated by the Event Bus and Service Bus mechanisms.
The NULS micro-kernel carries out its role through four distinct methods:
The topic of discussion is module management.
The topic of interest is task management.
Service management is a discipline that focuses on the planning, organizing, and controlling of activities related to the delivery of services to customers.
Configuration management refers to the process of systematically managing and controlling the many elements and components of a system or project. It involves the identification
The topic of discussion pertains to the management of modules.
The primary purpose of this function is to oversee and regulate the life cycle of all modules within NULS nodes.
The topic of interest is task management.
The primary purpose of the function is to execute several activities, including the NULS Process and NULS Thread.
When a module is instantiated, it gives rise to its primary process, commonly referred to as the NULS process. A module is responsible for executing several tasks, each of which is assigned to a NULS thread. Each thread is uniquely identified by a thread number and is associated with a specific thread name.
Service management refers to the process of planning, organizing, and controlling the delivery of services to customers. It involves several activities including as
The primary purpose of the role is to oversee and administer all of the provided services. The design of this interface exhibits a focus on catering to the needs and preferences of developers. The service manager is responsible for providing service registration information to module developers.
The NULS framework offers developers a high degree of freedom. Developers have the freedom to create their own application modules. Various developers have the capability to create distinct modules within the NULS network, which can establish communication among themselves using event-driven communication.
The NULS framework is comprised of a primary blockchain, known as the main-chain, as well as other blockchains, referred to as sub-chains. The main-chain operates on a consensus process called PoC-Proof of Credit, however the sub-chain consensus is determined by the user's preference, allowing them to select any accessible consensus mechanism from other blockchain projects.
Users or enterprises have the option to access a comprehensive range of resources from the Module Library. They may then tailor their chain by adjusting the parameters to align with their own business principles. The architectural design of NULS offers significant time-saving benefits for both individuals and organizations, while also enhancing cost efficiency. This is the point at which NULS has the potential to revolutionize the industry. The importance of this factor cannot be overstated in relation to widespread acceptance and utilization.
companies have the capability to develop decentralized applications (dApps) inside a sub-chain framework. This allows them to establish their own token by staking NULS tokens. Additionally, companies have the ability to customize their consensus mechanism and engage in commercial transactions with NULS' smart contract functionality, namely NULSVM. Notably, NULSVM supports a wide range of programming languages.
#NULS #ModularBlockchain #tia