Bitcoin Forum

NULS 2.0 has released the simplest and lowest cost chain-building tool for businesses to build a blockchain in under ten minutes. Modules walk any developer through step by step processes to build a customizable blockchain depending on needs. No programming language is necessary, Nuls basically does the coding for you.

https://nuls.io/developer/

Interesting. I will have to look into Nuls a bit more. Would be cool to see some use cases

That's good that it's possible I guess the biggest question would be why? What's the use cases for people creating their own block chain. Those are the sort of lessons that need to be taught.

I agree with you. Granted this might be more so for businesses looking to onramp blockchain quickly rather than just some person wanting to build their own blockchain.

Building or creating a new blockchain technology might be easier. What's more, there are many articles or tutorials that explain in detail and easily as given by you. But the problem is not the building process but how to make the blockchain technology known to many people, valuable, and also able to maintain its existence in the crypto world. How do people think that technology is indeed worthy of being owned and fought so that it will have its own value?

but what's the use of it? also an ERC20 token is very fast and almost easy to create. but more important than the
technical implementation is the idea. here must be something unique, the best team and good marketing. as said
the technology itself is often the smallest challenge 8)

Did you see they announced ERC-721 integration as well recently? https://medium.com/@nuls/nuls-2-0-beta-added-nrc-721-standards-and-now-it-is-possible-to-issue-non-fungible-tokens-on-the-bf39cb446fc2

I was interested when I read the title that I could build a Blockchain in 10 minutes. This is really outside the head, this kind of thing usually takes a long time. Because I really don't understand where to start from. How can I find out more about this Nuls?

There's going to be a lot of blockchains build around the same core structure, these me-too blockchains will almost certainly fail and so I don't see a point in it.

There are literally thousands of cryptocurrencies right now, 80% of them are very similar and your tool will just make it worse. Unless people are just building a blockchain for testing purposes, I don't see why anyone would buy into a blockchain that was developed using your tool.

yup, even so, new projects will still use ERC20 as their blockchain system. The Blockchain system created through the Nulls module does not use a programming language, so the blockchain created will be difficult to develop in the future. And again that the ERC20 remains top as a new project needs, their project will look professional with a reliable programmer.

Not happy with some of the smart contract-based coins in terms of their value and growth, I hope such does not happen to Nuls, Having seen a lot of them led by Ethereum dump so hard, waves, steller and qtum are all hugely dumped, may be good for project development but not long term investment

NUL has been making some waves in the space recently with their recent updates, but one thing I notice in the space is that the concept or the name blockchain has been greatly abuse, most of these projects do not need to be on blockchain and if I can build a blockchain for myself it is likely going to increase this abuse, another thing is the security level guaranteed by NULS team

I agree, there are some use cases better than others for those that should apply blockchain. NULS recently shared two use cases on their blog the Enterprise Digital Alliance and NAER who are creating payment certificates. Both being built with their Chainbox application https://medium.com/@nuls/partner-news-b1402df325c4

I would be interested to know which platforms are creating similar infrastructure. I have only ever heard of NULS creating a highly developed platform and allowing other businesses to follow along with modules to build a similar blockchain off of theirs

Building the blockchain may be easy right now, there are several systems and also the platform that can help us to build or establish certain systems with blockchain technology, including creating the cryptocurrency. However, the difficulty lays on how we develop and maintain the technology to be able to be accepted by the world, the community, and attract people to use it. So, the crypto or blockchain technology that is offered will be valuable and promising. Of course, will survive in every condition of the market.

That's a great development for sure, but people who don't know the coding should not create their own blockchain using service like this. Becasue, when you don't know anything about coding, how would you know how blockchain works? Well even if you know, how would you handle any issue may raise like chain exploit? Creating a blockchain without proper knowledge is a no-brainer.