Hey guys, we have a new update on PulseChain for you!
In a Tweet made on March 19th, Richard Heart gives us clues about the probable launch date of PulseChain and PulseX.
We'll decrypt this Tweet in today's video to find the most likely month we think PulseChain and PulseX will launch.
So, as usual, watch this video all the way through because we'll be doing a recap of PulseChain and PulseX so you can get a real feel for the project and how it will boost your portfolio.
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Before we get into the heart of the matter, let's a recap.
PulseChain has become one of the most talked-about and anticipated crypto-currencies, and people are eager to see it finally launched.
It is a brand new crypto-currency ecosystem also a blockchain; PulseChain is also considered more improved than Ethereum.
In simple terms, PulseChain is a fork of the Ethereum blockchain. It's not just a fork in the code but the whole ecosystem. So, every project on Ethereum is going to be transferred to PulseChain.
When building a Layer 1 blockchain, developers can theoretically copy the entire Ethereum code, create a radically different protocol, or make some improvements, as in the case of BSC.
In crypto-speak, a "fork" of a blockchain means an improved version, with developers changing the protocol and its rules. When Ethereum makes upgrades, such as the London upgrade, they are also called forks.
In addition, all of the primary Ethereum DApps will also be forked. In other words, the goal is to copy Ethereum and have an integrated ecosystem from the start.
In essence, PulseChain is an Ethereum hard-fork with a snapshot of the entire Ethereum blockchain converted into a Proof-of-Stake blockchain. With faster transaction times and lower fees.
So, some of the reasons for this claim are that PulseChain is faster, much more energy-efficient than Ethereum, and cheaper.
Indeed, PulseChain gas charges will be significantly lower than Ethereum because it is a proof of stake compared to Ethereum, which is a proof of work. The Ethereum network is becoming congested, as is proof of work. This congestion now results in higher gas charges as Ethereum blocks are limited, and transactions are numerous; in this regard, transactions with higher gas charges are needed to enter the blocks and get transferred to finalize the transactions. This congestion and load on the blockchain result in higher gas charges and a delay in transaction time.
So, if you are wondering if PulseChain has potential, then yes. But let's find out more about PulseChain.
Ethereum's gains are only about price appreciation, while PulseChain is about price appreciation and staking.
Staking PLS for a particular time is an excellent avenue to lead to a great price value of pulses. In the PulseChain community, some are willing to have their pieces staked for 10-15 years to gain both price appreciation and staking for the period.
So, PulseChain is an excellent long-term option.
You can't talk about PulseChain without first talking about Ethereum; Ethereum's flaws or shortcomings necessitated the creation of PulseChain due to its crazy high gas fees and low transaction time.
Ethereum is considered a platform that can be used to create blockchain applications. The problem is that Ethereum fees, high fees, and users experience very slow transactions.
Many projects have developed other crypto platform blockchains, such as the Binance smart chain, Cardano, Tronx, polygon Solana and many others. Still, PulseChain offers a different approach where it is a hard fork for the Ethereum blockchain.
It will copy the ERC20 tokens present in the Ethereum blockchain and use them for its network, PulseChain.
The launch of the PulseChain is the biggest airdrop in the history of crypto-currencies, and this can be achieved by sacrificing and copying the entire Ethereum network; that is, the Ethereum network will be mirrored on the PulseChain network.
However, the point to note is that even Ethereum is undergoing an upgrade and aims to solve most of its energy consumption issues.
Now, let's see the advantages PulseChain network have over Ethereum:
-Lower gas costs compared to the Ethereum network.
PulseChain does not burn "waste" energy by replacing proof-of-work miners with proof-of-stake validators, making it environmentally friendly.
-Easy to use
Your MetaMask wallet works; you only need to change one parameter to access PulseChain. ETH holders can trade for free with the freemium PLS.
-Faster transaction time.
PulseChain increases Ethereum's throughput 4x using 3 second block times. Ethereum's average block time is about 13 seconds.
-Enrich Ethereum users with snapshots, copying the entire Ethereum and giving them a copy of their eth.
-Enrich ERC20 and NFT users
The launch of PulseChain is the largest airdrop in history. Thousands of Ethereum-based tokens and NFTs are receiving their free versions of PulseChain. This new gold rush contains the value discovery of thousands of tokens and NFTs on PulseChain. If you've ever wanted to be a whale in some ERC20 or NFT, maybe now you can be.
-Replacing proof of work with proof of stake is a game-changer in the crypto ecosystem
-Empowering and enriching PulseChain users. PulseChain sacrificers have pulse points that will be converted into pulse coins [PLS], with a huge price expectation, the PulseChain holder will be rich.
Hundreds of successful DApps have been launched on Ethereum, but the network's popularity has made it expensive to use and slow.
Gas fees - the price for validating transactions - have sometimes reached hundreds of dollars.
For users, the most obvious benefit of using an EVM-enabled chain is that you can trade an ERC-20 token on that DEX or buy a project token from your chain on an Ethereum DEX-like Uniswap.
PulseX is intended to be the primary DEX in the PulseChain ecosystem. For reference, PancakeSwap is also a fork of Uniswap and has performed this analogous function on Binance Smart Chain.
All eyes are now on PulseChain, and investors believe it could be the next HEX to bring phenomenal wealth.
PulseChain's native $PLS token can be staked and delegated to validators who reward delegators with the highest percentage of fees.
ETH can be traded on the Pulse network, and PLS can be traded on the Ethereum network. Bridging can also be done to other smart contract-enabled networks.
ETH on PulseChain: You can send ETH to the PulseBridge contract on ETH, which locks it and emits pETH (pulseETH) on PulseChain at a 1:1 ratio.
PLS on Ethereum: You can send PLS to the ETHbridge contract on PulseChain, which locks it and emits ePLS (ethPulse) on the Ethereum 1:1 network. This can also work for ERC20.
Thousands of ERC20 tokens on PulseChain can be traded on PulseChain's Uniswap and similar to the launch, as Ethereum status is included.
An ePLS:ETH pair on Uniswap on the Ethereum network and a pETH:PLS pair on Uniswap on the PulseChain network.
There may be ePLS trading pairs on other smart contract-enabled chains.
Exchanges can list PLS and any of the thousands of tokens on the PulseChain network.
The second version of the PulseChain Testnet is live with validator rotation, registration, and staking. You can connect to MetaMask now to view a copy of all your ERC20 tokens. To connect to the Testnet, open MetaMask and click on the Networks drop-down menu. Select "Custom Network". Now enter the following information: (the Network Name, New RPC URL, Channel ID, and other relative information
). If you don't know where to find these pieces of information, we have shared the link in the description of this video.
So, once logged in, you have to manually add your ERC20s for them to show up. The snapshot of this testnet sale is from a few months ago.
Get free tPLS (Testnet Pulse worthless) on the official tap, bet them to earn yield and exchange between PLS and PRC20 on the PulseChain Uniswap interface.
PulseChain is a project of Richard Heart, the same creator of the Hex token that made people multimillionaires.
We think PulseChain will do better than Hex, with a vast community behind the project.
As we mentioned in a previous video, HEX was launched in December 2019 for $0.00024 per token. And later, in September 2021, its price touched $0.42, so practically 1750X.
Let's do a little math.
If at the time of launch, you bought for $100, you would have gotten over 416,600 coins. And in September 2021, your $100 investment would be worth $175,000. That's insane.
Don't forget when HEX made that significant gain, its community grew. And we all know that the entire HEX community is also the PulseChain community. So, logically, PulseChain will do better than Hex. By the way, if you want us to do a video on price prediction, feel free to reply to us in the comments section, and we'll be happy to do it just for you.
Before we go any further, please like and share this video if you haven't already.
Let's get on with it.
Now, let's talk about the news on PulseChain.
Well, guys, we are near the launch of PulseChain.
So, on March 19, he shared in one of his multiple Tweets that Testnet v2b will be on March 20 with PulseX running, the AMM bot running with UniSwap V2, and SushiSwap.
So, as we shoot this video, it's already March 20, so we assume it's already up and running. But we're eagerly awaiting Richard's next Tweet to confirm the release. But in the meantime, let's understand what this means to us.
So, what does all of this mean?
Let's take it one step at a time. According to our understanding of the PulseChain V2b Testnet, it will be available on March 20. It is a fully working test network in which the PulseX will be connected to a single tiny PulseChain. As a result, we anticipate seeing a fully working version of PulseX. We'll also see our final sacrifice balances. And perhaps, we will get a full supply of PulseX and 'other missing information so far.
As a result, we'll be able to observe how our sacrifices stack up. And that isn't all. The actual PulseX total supply may be lower than Pulse, but we'll find out when we run the tests.
Similarly, PLS, PulseChain’s native crypto-currency, will be dropped to those who have sacrificed for this project.
PLSX and PLS will start at $0, and subsequent price targets are anyone's guess.
Many believe that Pulse will launch at the end of this month or in April and PulseX towards the end of the year.
But that is not our opinion. We'll tell you what we think in this video, so keep watching.
PLS, while not yet launched, is already attracting strong buying pressure. On social media, investors call for Heart to launch the crypto quickly, and thousands of people hope to pour their money in on the first day of its launch.
They strongly believe that anything is possible in Richard Heart's world, as everything he touches turns into gold. Investors believe that Richard Heart has the Midas touch and can give them the same experience.
There is no data to tell if PulseChain will be the key to wealth for the average person. PLS hasn't launched yet. However, the feeling in the market is that it may be the next HEX and as we said earlier, it may even surpass it for obvious reasons.
Nonetheless, we'll have to wait for its release to determine if it makes investors generationally wealthier.
A documentary about HEX investors who have made massive returns is being filmed, entitled The Highest of Stakes. The film will be released later this year, and the filmmakers plan to release it on Amazon, Netflix, and Hulu.
The documentary could play an essential role in the direction PulseChain will take, as it will open the floodgates for thousands of people to learn about HEX and PLS. Both cryptos are expected to attract a lot of buying pressure when the documentary is released. Cryptos will attract buying pressure because the film will show how ordinary people have made millions by investing in these cryptos.
The Highest of Stakes will show private jets, luxury cars, and expensive mansions bought by ordinary people. So, HEX and PulseChain could have a better future because they offer the lifestyle that everyone wants and desires.
For this to happen, PulseChain will first have to be launched.
So, when do you think PulseX will be released?
We hope to have it sooner, but the nature of the protocol and its severity require further testing.
Unless Richard has changed his mind and started pushing it later anyway, we're sure that PulseChain will be launched very soon.
We've noticed the progress of Richard Heart's various projects. He said in a video that PulseX is ready to be launched.
And when it is launched, it will be deflationary. This will increase its value continuously. So, rest assured, PulseX is a project that was thought up by a genius. He has worked long and hard on it; he has fixed all the flaws and problems other crypto projects have.
He also announced the replacement of Metamask; however, he said that this would not affect the launch date of PulseX, and it would not require a token for the platform. So, we will only use the already existing tokens for this.
We've already shared why he plans to replace Metamask in one of our videos. So, if you want to know them, go to our channel.
So, regarding the launch date of PulseX, we think that,
As we already have the Testnet, they will run it for three weeks to a month to see the defects, and if everything goes well, PulseX will be launched directly after that. That is, at the end of April or the beginning of May. Otherwise, if, after testing, it turns out that PulseX is not working well, it will take months to be ready again.
So, guys, let's hope that everything goes well for this first test so that PulseX will be launched directly as we plan.
We will soon predict the prices of PulseChain, PulseX. So, let us know what you think in the comments sections.
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