Will PulseChain and PulseX ever actually be launched? That's the question many people are asking right now. But really, what happens if PulseChain and PulseX never launch? And what will happen to all those who participated in the sacrifice phase? In this video, we will share our thoughts with you. Watch this video all the way through so you don’t miss anything.
Hi Cryptoprnr! What is your favorite crypto, let us know in the comments!!
If you like making crazy money with crypto, this is the place for you, here we explore new gems, and explain the best new tiny undervalued cryptos with 100X, or 1000x potential. You will also find all the news of the crypto space every day. So, make sure to subscribe and activate notifications for all the upcoming videos. Follow us on our social channels and join as members for added perks!!
Now, let's get started.
Overall, our financial system revolves around third-party intermediaries who conduct transactions. This means that when you make a transaction, you put your trust in one of these intermediaries, and with the recession of the early 2000s, many people wondered if this was a good idea after all. Blockchain and cryptocurrencies offer you another solution. They are visible to everyone, everywhere on the planet. So, you can invest in the financial markets and make transactions without any intermediaries.
So, the world of finance has changed a lot in recent years. And it started with the creation of bitcoin.
It is therefore during the last decade, that we have witnessed a real evolution in the acceptance and adoption of cryptocurrencies by the general public as, on the one hand, alternative forms of payment, but also and above all, an investment opportunity.
Actually, after the launch and success of cryptos like Bitcoin, Litecoin, and Ethereum, other cryptocurrencies quickly followed. And more recently, there is the Dogecoin, created as a joke, which is now taking an important place thanks in particular to the impulse of Elon Musk.
There is a huge demand for scalable, fast, efficient, more decentralized cryptocurrency projects that offer cheaper transactions.
As the adaptation grows, Ethereum is finding it harder and harder to grow due to its heavy load. There is simply so much load on its network that it can't handle anymore. While the Ethereum 2.0 upgrade is promising, a big question mark remains as to whether it will be able to reduce the high gas charges, which take away 10-20% of the user's investment or not. And also, whether it will be able to improve its transaction speed. We all know how important transaction speed is in crypto. Especially for trading and arbitrage transactions. With this in mind, Richard Heart decided to create PulseChain and PulseX.
As a fork of Ethereum, PulseChain will enable use cases that were previously unavailable due to high costs. PulseChain starts with ETH status and ERC20 tokens reward Ethereum holders and project creators. Many Ethereum-based tokens, including non-fungible tokens (NFTs), have actually received free versions of PulseChain. Thousands of tokens and NFTs on PulseChain have found value through this new gold rush. Staking and validator rotation is currently taking place on PulseChain's second Testnet release.
As for PulseX, it allows you to trade tokens (PRC20) on PulseChain for another. The original PLS token from PulseChain can be replaced by the PLSX token from PulseX. Currencies from other chains can be exchanged on PulseX via bridges. Every time someone uses PulseX to switch between crypto-currencies, the liquidity companies are compensated. Users can connect their ERC20 tokens with free PRC20 tokens to use liquidity and create fees. A key part of the strategy is to incentivize ERC20 token holders to use their free PRC20 tokens to connect to the PulseChain ecosystem and recoup some of their initial investment. Now let's get back to the main question we're focusing on today. Will PulseChain and PulseX ever actually be launched?
As PulseChain has promised to give the community a better alternative to Ethereum, it will help developers and businesses turn to blockchain technology and use the power of crypto to their advantage, which is very good news for the entire crypto space. Although not yet public, PulseChain, thanks to its good market fundamentals and product fit, has been able to attract over 120 projects, which is almost unheard of.
In our opinion, the launch of PulseChain is inevitable.
First, PulseChain solves several major problems. As we mentioned earlier, PulseChain will share the load of Ethereum. This is essential for Ethereum to continue to thrive.
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.
Pulsechain will thus be an Ethereum fork. For now, the extent of the changes is not yet known - no code has been made public. However, the main claims are 4x throughput, proof of stake, and a deflationary mechanism.
In addition, all major Ethereum DApps will also be forked. In other words, the goal is to copy Ethereum and have an ecosystem built from the ground up. That's just great. And that's the first reason why we think PulseChain will launch.
All this seems to be quite interesting and amazing right? If you find it interesting don't forget to press the like button and show us some love. Also, make sure to subscribe, so you get updated information on pulse ecosystem, and many other promising cryptos, every signle day!!
The second is Richard Heart. Almost everybody knows him. And we all know that he is the man behind the PulseChain and PulseX project. What is common to scam projects that run away with people's money is that their founders are mostly anonymous. The founders don't reveal themselves because it makes it easier for them to get away with people's money. This is not the case with Richard Heart. He likes to show himself in public. He is very proud of his project. And he knows what he's doing. So, if he were to run off with the money of the people who participated in the sacrifice phase, he would certainly want to remain as anonymous as possible. It would be ridiculous to think that PulseChain will never be launched. Besides, we all saw what he did with HEX. That project that everyone thought was a scam. HEX has made over 10,000X.
Another reason is that a project like Richard Heart's takes a long time. Projects like Solana and many others have been launched halfway, and since their launch, they are constantly down and sometimes hacked. It would be a shame to launch PulseChain halfway and let it face all these problems. Especially when you know that when it is launched, it will be even harder to change. Richard Heart has promised to give the community a complete project, and he will make sure that is exactly what happens, no matter how long it takes.
The testnet is the final reason along with everything else that has already been accomplished.
We are aware that the v2b testnet for PulseChain has been operating flawlessly for months and that developers from all around the world can access it on GitLab.
Richard Heart withheld an exact launch date for PulseChain because he is aware that software development can be difficult and time-consuming. This is especially true in light of the developers' decision to switch to the go language in order to leave the Ethereum virtual machine, which produces better results overall, particularly in terms of speed and enhancement of the final product.
These reasons are enough for people to understand that PulseChain will be launched and that there is not even the slightest chance that it won't be. PulseChain is a strong initiative, designed to succeed. For this reason, the launch might just take a little longer.
So, what do you think? Do you think PulseChain will launch? Share your thoughts with us in the comments section below.
And if you are new to the pulse ecosystem, and want to know more about the pulsechain, hex, or pulse X, we have curated a huge playlist, with all possible questions in peoples minds, it has more than 150 videos as of now. go check them out for more detailed information on this ecosystem, the link is in the description!
We hope we were able to provide some value and helped you to move a step ahead in your crypto journey Be sure to check out our Crypto Brand called Cryptopreneur, get yourself the highest quality Crypto Merch available right now on the market, and make sure to subscribe so that you don't miss out on any of our content. Till next time, Goodbye.