Landing application forced public chain upgrade _ blockchain will not subvert the Internet

Xiaobo has participated in the printing chain project. During the promotion of the printing chain project, he gradually discovered that the underlying technology is still far from meeting the needs of the application of the blockchain project. "The underlying technology of the printed chain can only support about 1,500 transactions per second. When we do a real connection with the enterprise, we will face the impact of huge data volume. Now most public chains will not be able to carry hundreds of enterprises. The trillion-level commodity data volume.” In order to better support commercial applications, Xiaobo turned his attention to the underlying technology of the blockchain, and the NULS project was finally released.

(NULS co-founder Xiaobo)

NULS is positioned as a global open source community. It is a customizable blockchain infrastructure. It can also be called the underlying public chain platform. It hopes to solve the painful problems of the public chain upgrade difficulty and low efficiency. Xiaobo explained: "In terms of upgrading difficulties, many public chains now face the dilemma of upgrading once they are running, which means that it is very difficult to make consensus on all nodes; from the aspect of efficiency It seems that if you want to put all the application data on a chain of networks (such as Ethereum), it is obviously a fantasy, because Ethereum can not afford a huge amount of data. We are in the process of perfecting NULS, feel How difficult it is to build a bottom chain that is truly suitable for business-grade applications. Therefore, we have also developed a well-developed plan. We will look for more talented people around the world and attract these talents to join our open source community."

In Xiaobo's view, the real community does not yet have a platform for efficient collaboration. The reason why the industrial form of the community has emerged in the history of mankind is because people have common hobbies and goals. As the head of NULS community operations, Xiaobo hopes to make the community an open source community of truly distributed community autonomy.

Landing application is pushing the public chain to upgrade NULS with the technical advantage to fight the public chain field

The competition in the blockchain industry is becoming more and more fierce. It is no doubt that not only the blockchain application has sprung up, but also the underlying technical team of the blockchain seems to be eager to try overnight. After nearly a decade of development, the whole industry has not only basically summarized the word "fried coins". Many people think that last year was the first year of the blockchain application, and that this year is the public chain project. The year of killing. As we all know, EOS, NEO, QTUM are quite attractive public chain representative projects, EOS is even considered to be the next Ethereum, and the competition between the underlying technologies will become increasingly fierce. Xiaobo also made a concise view on EOS project design: "From the perspective of EOS design, this high-cost hardware design can be called time-for-space, although the processing speed will be faster, but its high hardware cost It will be very high. We adopt a very different idea from EOS - weaken the main chain. We think that each chain has a ceiling, processing speed is fast, network performance is good, when the amount of data reaches a certain level, Network congestion will occur, and the application cost of using the blockchain will increase."

Xiaobo then mentioned the technical advantages of the NULS project and couldn't help but talk about it: "First, NULS adopts the POC credit consensus mechanism. In the case of node compliance, a certain margin can be locked into the consensus, and the consensus node is re-established every round. After sorting, you can rotate the block. When you withdraw from the consensus, the deposit will be unlocked, and the client can mortgage the commission consensus. We will improve and coordinate the community development through such a consensus mechanism. The POC consensus mechanism has the following characteristics:

1. Consensus of the whole staff: The participation threshold is low, no equipment is needed, and the mortgage TOKEN is commissioned to mine offline;

- Community members are highly involved and activate community power;

2. Super node: the margin mortgage, the agent has the entrusted guarantee threshold, and sets the block credit value as the guarantee;

——The comprehensive cost is high, so that the interests of the nodes and the interests of the platform are highly consistent;

3. Node competition: Promote community to form positive incentives and encourage community members to participate in super nodes. Super nodes need to actively build community ecology, enhance their influence in the community, and obtain entrusted recognition.

Secondly, the modular architecture we proposed first is also one of the project features. Each module of NULS will be upgraded or replaced according to technology upgrade and application requirements. From a technical perspective, NULS is a long life cycle and super adaptable. Sexual platform. At present, there are already many blockchain projects moving towards modularization, because modularity has many advantages. For example, we can co-ordinate all consensus, data, network, and underlying technologies into a microkernel. A module works in coordination and keeps the main chain running smoothly. Once again, NULS also adopts a multi-chain parallel mode. The main chain can use the cross-chain consensus verification block and transaction together with the sub-chain. The main chain will only verify and store the core data of the sub-chain block header, and the application layer data storage will Completed on the sub-chain, so that the application scenario on the sub-chain can run efficiently. ”

The ruler is short and the inch is long. At present, every underlying technology seems to have failed to escape the "impossible triangle" theory of the blockchain. NULS also faced certain challenges in the process of advancing. Xiaobo recalled: "From a technical point of view, the biggest challenge is in cross-chain design. After many discussions by many technicians, the final design appears. The version, the NULS project is presented to the public, which has already carried too many people's efforts; the second is the development level. When we first started the project, we thought it was difficult to enter the public chain because we did not have much operating public chain before. Our experience, until now, our community member structure is still not perfect. Of course, we are also trying to make up for the shortcomings, hoping to attract better users to bring positive development to the whole community."

At present, although it is not possible to accurately estimate how long the commercial process of the blockchain will take to mature, but the various blockchain applications are emerging in a frenzied manner, which has formed an industry situation in which the landing application is forced to upgrade the public chain. Xiaobo said to Golden Finance: "The public chain will usher in rapid development this year. New technologies and new ideas will continue to impact the industry's original industry awareness. Blockchain will usher in new efficiencies, of course. In a strong competitive environment, there will certainly be a number of underlying technology projects that will gradually be phased out."

Blockchain technology will play an important role in the Internet ecosystem. NULS will focus on its application.

At present, NULS has cooperated with many projects and hopes to attract some traditional VCs. In the next 1-2 years, NULS will be on the main chain, and the core team will also release some landing applications on the chain. "We will pay more attention to open source community management, wallet asset trading, KYC system, anti-counterfeiting traceability system. Plate."

Subsequently, Xiaobo also explained in detail why NULS's deep partner printing chain technology should enter the field of anti-counterfeiting traceability: “There are many large enterprises that are fighting for anti-counterfeiting and traceability. Behind the anti-counterfeiting traceability is a small part of the commodity Internet of Things. The entire commercial market is very large. The printing chain technology also hopes to cooperate with more large enterprises to promote the healthy development of the anti-counterfeit traceability industry. For example, Jingdong has begun to use the blockchain anti-counterfeiting traceability technology internally, and many other enterprises are also here. There is a great demand on the surface, which seems to be a simple anti-counterfeiting traceability, but in fact there is a very large system behind it. From production management, circulation management, to warehouse management and precision marketing, ERP system is involved in every link. In the end, users can see the results of anti-counterfeiting traceability. Although there are many companies that have entered the blockchain, many companies have not enough understanding of blockchain technology. For example, we have communicated with some Internet companies some time ago. I have to say that they have a deep understanding of the blockchain technology, but at the bottom of the technical level. It is still relatively scarce. Therefore, the larger enterprises need the support of the underlying technology. The serious congestion and high handling fees of Ethereum in the past period have already indicated that the current underlying technology still faces great difficulties, and the industry may not even be able to Finding a public chain that really supports the business volume. This has increasingly highlighted the need for NULS to take the path of public ownership."

To this end, NULS has developed a detailed project progress plan, for example, in the next 1-2 years, will focus on a solid foundation; in 3-5 years, it will form a mature open source community and establish a large-scale application. Sub-chain; After the next five years, NULS will become a platform integrating blockchain, big data, artificial intelligence and other technologies, providing a comprehensive solution for industrial and agricultural production and operation.

Although many companies have not yet clarified the true value of blockchain technology, blockchain is not a gimmick. “The blockchain industry needs to be delivered by the evangelists in the early stages of development: whether it is the project side of the salon or the media for industry reporting, the practitioners of each role are blockchain educators. NULS certainly hopes We can invite some participants from the traditional industry to participate in the activities, so that they can improve their professional knowledge and think about what changes the blockchain technology can really bring to their enterprises.” It is reported that NULS is already in Singapore, Australia, China, the United Kingdom, the United States, and South Korea each have a regional project leader, and will also hold a number of roadshows and conferences.

Letting more companies realize that the potential value of blockchain technology for projects is one of the goals of the entire community to create the NULS brand, especially when Internet giants are already transforming into blockchain technology. The purpose is particularly important.

Industry insiders do not know when to start a chattering debate about whether the Internet will be subverted by the blockchain. In Xiaobo's view, the Internet is a big concept, and the blockchain is just a technology, and this technology is also closely related to the Internet. It cannot be simply thought that the blockchain will eventually subvert the Internet. This emerging technology is In the future Internet ecology, it will also play an important role. Just as in the wave of Internet development, many well-known companies emerged with the times, and after the tide receded, these enterprises can truly go to the world stage.

At the end of the interview, Xiaobo’s outlook: “The industry’s irrational craze will eventually recede. After the calm, NULS is also looking forward to being among the well-known platforms in the blockchain field, and really doing something to promote the industry’s application.”

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