PulseChain is the best upcoming crypto project. It is the new Ethereum fork that Richard Heart is creating and it will be launched soon. Richard Heart himself said that it is almost done and ready to be launched. So, it's expected to happen at any moment.
In this video, we're going to tell you everything you need to know about PulseChain so that everyone is ready before its launch. You will understand why everyone believes it has a 10,000X potential. Make sure you watch this video all the way through so you don't miss anything.
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Ethereum has been around for a while and is hands down the busiest blockchain out there. It is thoroughly documented and it would be safe to say that more projects and assets have been launched on Ethereum than on any other network. If you’re planning to use a DApp (decentralized app) most likely it’s built on Ethereum. If you’re planning to release a DApp you’d probably consider Ethereum first.
However, lately, Ethereum’s gas fees, a fee paid for each transaction on the blockchain, have gone through the roof. Oftentimes averaging up to 100$ per day and reaching as high as thousands of dollars sometimes.
High gas fees are obviously a huge limitation on Ethereum both for app creators whose projects have been rendered unusable and the common users for whom it makes no sense to pay a fee higher than the transacted amount. Why would you sell an NFT for 10$ if the fee is 50$ or 100$?
Pulsechain addresses this by lowering the gas fees to insignificant amounts. Thus, giving any creator or developer out there the opportunity to create DApps with transactions as low as a few dollars or less.
Pulsechain is a new blockchain-based crypto that offers much cheaper gas fees than Ethereum. Pulsechain also offers the largest airdrop in the history of crypto. Pulsechain is going to change the crypto world as we know it.
Designed for the future needs of the crypto industry it takes all of the shortcomings of Ethereum and improves them. PulseChain is a Complete Fork of the Ethereum Network. Meaning every coin, or wallet that ever existed on Ethereum, will be copied and available on PulseChain with one exception. Every ETH token will be converted to PLS on a 1:1 basis.
The main differences are speed, cost, Deflation, and efficiency of the network. Capable of hundreds of transactions per second vastly our pace Ethereum's 13.
PulseChain replaces a PoW model with a DPoS or “Delegated Proof of Stake” protocol.
Removing the need for the expensive computing power of PoW while maintaining a high level of security. It also replaces Miners with Validators to secure the Network.
It should be noted, however, that Ethereum recently underwent an upgrade from PoW to PoS, which solved some of its current energy problems. But this upgrade is far from solving all of its problems. That's why PulseChain is here to bring something new.
This indicates the largest airdrop of potentially valuable digital assets in history.
By the way, if you want to take part in the biggest airdrop in the PulseChain ecosystem, be sure to check out HPX.
This is an NFT marketplace on PulseChain that is like an enhanced version of OpenSea, with a native token designed to really increase its value and help PulseChain, PulseX, and pHEX. Their goal is to help populate the Pulse network in the NFT space. The most amazing thing about this project is the commission they pay to all HPX token holders for every transaction that takes place on their platform. In fact, by the end of PulseChain's airdrop, over 20,000,000 NFTs will be available on the HPX marketplace. So, you'll find all your favorite NFT projects here. The advantage is that they have the lowest commission of all NFT marketplaces.
And they have some of the best tokenomics in the entire PulseChain ecosystem. Thanks to their efforts, PulseChain will be officially listed on the first Kanga exchange, along with their own HPX token. The sacrifice phase is officially open and they're offering an extra 15% coins if you sacrifice now. So be sure to check out their website for more details. The link is in the description.
The most interesting feature of PulseChain is that it is deflationary.
Every Pulse coin (PLS) is created at launch removing the ever-expanding supply of the coins, unlike ETH. Further, each transaction fee is burned at 75% reducing the total supply. Over time as less PLS will be available in the market, the price will rise organically. Removing the need to burn energy due to the high cost of PoW, Pulse will maintain high levels of production far into the future. As more work will be required in the future Pulse is designed for the ground up to meet this need.
PulseChain was designed to complement the current Ethereum projects as a way to reduce costs and free up congestion for all. This will revolutionize what is possible in today's demanding crypto universe. If you like what Ethereum offers today you will most likely love what PulseChain can offer.
Now, regarding the snapshot, PulseChain will re-enable priced-out use cases: Instead of launching empty, PulseChain brings the ETH system state, ERC20s, NFTs, smart contracts, and more via a snapshot. These rewards holders and founders of Ethereum-based projects. Thousands of Ethereum-based tokens and NFTs receive their free PulseChain versions. This new gold rush contains the value discovery of thousands of tokens and NFTs on PulseChain. If you always wanted to be a whale in a certain ERC20 or NFT, maybe now you can be.
Because of the extent of applications and use cases deployed on the Ethereum main net, it's not possible to anticipate exactly how any cloned assets will be valued by the community. Some contracts and applications will work 100% as they do on Ethereum, other contracts such as centralized stablecoins are unlikely to have authoritative support behind them.
Eventually, the relative value of these assets will equalize through market action, but it is expected that there will be a discovery period with high volatility at the launch of the network.
While Ethereum Miners hash complex math for chances to be rewarded with ETH. Pulse validators focus on securing only the transactions on the network for a small fee. This removes the need to burn large amounts of energy to achieve a reward for the work thereby lowering the total cost to the network.
Regarding security, Proof-of-Authority provides defense against 51% of attacks, with improved efficiency and tolerance to certain levels of Byzantine players (malicious or hacked). The PoA protocol however is most criticized for being not as decentralized as PoW, as the validators, i.e. the nodes that take turns to produce blocks, have all the authority and are prone to corruption and security attacks.
Other blockchains, such as EOS and Cosmos both, introduce different types of Deputy Proof of Stake (DPoS) to allow the token holders to vote and elect the validator set. It increases decentralization and favors community governance.
Once launched, the native ETH token will become PLS on the PulseChain network. The PLS supply will be inflated by at least 10,000x upon forking, with the extra supply being distributed to the users that sacrificed during the PulseChain sacrifice phase.
PLS will be used just as ETH is used on the Ethereum network for transaction fees, as well as for delegating stakes to network validators.
Finally, one thing that marks both Ethereum and PulseChain out from their competitors is the community. The mainstream adoption of Ethereum and its development is a feat of their developer-based community. PulseChain's community, on the other hand, is much more represented by all walks of life. It currently has an active Telegram group of over 60k members, with a 24/7 live chat and calls where anyone can get answers about the project. People with different talents looking for opportunities should drop by and share their idea. The right people will notice!
Now, do you think PulseChain will make you rich as Ethereum has done for many people? As usual, share your thoughts and opinions with us in the comments section below.
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