Last updated 28/09/2022
Official Website: https://nuls.io/
Similar to a blockchain network for proof of credit, NULS supports smart contracts. It focuses on using sidechains to develop a configurable blockchain architecture. Due to its cross-chain consensus, it is also interoperable with different blockchains.
Simply said, NULS is a blockchain project focused on microservices that offers businesses a platform to develop and deploy DApps (Decentralized Applications) to address various problems. It enables its users to lock a certain quantity of tokens to run a network node using the PoC (Proof of Credit) consensus process.
Therefore, NULS is a straightforward microservices-driven blockchain project that mines through staking using the PoC (Proof of Credit) consensus mechanism. A microservices-based framework called NULSSTAR, part of the NULS (NULS) modular design, is said to be able to support enterprise-grade blockchain solutions for private chains, smart contracts, public chains, dApps, and NRC-20 tokenizations.
The team behind Nuls has a wealth of experience and expertise with blockchain technology. They share a mindset and goal in developing a blockchain to promote use of blockchain technology, which is perhaps even more significant.
Jason Zhang, the project's primary developer and co-founder, has more than 7 years of programming expertise. A large portion of money was used to build security systems for dozens of Chinese banks. He now has a thorough understanding of almost all cryptographic methods, PKI standards, and PKCS standards as a result of his efforts.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards