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Nuls and Aleph Test New Staking Service, Introduce New Reward Model

Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have jointly completed testing of a new staking service dubbed staked coin output (SCO), which applies a new type of reward model.Per a press release published on Aug. 13, the new service allows community members to stake tokens to receive tokens from other projects building on the Nuls platform. Those who own NULS tokens can choose how they want to receive rewards earned for participating in consensus as validation nodes. The release explained: “Every NULS staker must hold 2,000 NULS because staking nodes validate blocks, while the NULS consensus nodes produce the blocks. When a staker delegates their node into a consensus node for an SCO project, such as Aleph, they can earn the alternative (A...