Pulse Chain is a Layer 1 blockchain solution that aims to revolutionize the Ethereum ecosystem. The project is built on the Ethereum platform but incorporates several key improvements that make it faster, cheaper, and more energy-efficient while retaining all the security provided by the Ethereum network.
What is the Usage of PulseChain?
By leveraging the proven technology of Ethereum, Pulse Chain is poised to become a major player in the world of cryptocurrency. One of the major advantages of Pulse Chain is its Consensus change from Proof of Work (PoW) to Proof of Stake (PoS). This shift not only reduces energy consumption but also increases the speed and efficiency of the network. It has a block time of just 3 seconds compared to Ethereum’s 13 seconds. Additionally, Pulse Chain has a 4x increased throughput. This allows it to process several times the number of transactions compared to Ethereum. It will also make NO compromises on security, and save on energy and waste in the process. This makes Pulse Chain a highly scalable solution for decentralized applications and smart contracts.
Further adding to the scalability of Pulse Chain is its fee-burning mechanism. By burning a portion of the fees collected on the network, and inflating Ethereum’s supply by 1,000,000%, Pulse Chain is able to lower the cost of transactions to truly negligible amounts and lower the barrier to entry to the Ecosystem. This makes the network far more accessible and affordable for users. This is especially important in the Ethereum ecosystem where high fees are often a major barrier to entry, even preventing entry together, for many users.
Benefits of PulseChain to ETH Holders
Besides all its Bleeding-Edge technical advancements, state-of-the-art codebase, consensus mechanism, and far superior tokenomics, Pulse Chain is also notable for Providing Ethereum users with The world’s largest Airdrop. It will provide all ETH holders a 1:1 copy of ETH to PLS, on Pulse Chain. Additionally, over 50 million ERC-20s in the Ethereum Ecosystem, will also be copied at a 1:1 ratio on Pulse Chain. These will be copied to Pulse Chain for free for all Ethereum holders with NO claim limit, or require time-consuming tasks to claim.
Just add Pulse Chain’s Main-net RPC to your self custodial Wallet, and your PRC-20 copies of all holdings on the Ethereum network will be in your wallet, waiting for you to do with them, as you see fit. All Assets MUST be held in Self-Custodial wallets to receive the PRC-20, and PLS copies on Pulse Chain, much like founder “Richard Heart’s” HEX airdrop to BTC holders who self custodied their Coins. This airdrop will surely help to increase the adoption and popularity of Pulse Chain, making it a highly sought-after project in the cryptocurrency world.
This is all possible because Pulse Chain is the first full system state fork of Ethereum. Meaning, it is a complete copy of the Ethereum network at a specific point in time. This allows Pulse Chain to maintain compatibility with Ethereum and its decentralized applications. It becomes a seamless transition for Ethereum users, as well as all Ethereum projects. This also includes applications that choose to support their work in the Pulse Chain Ecosystem. With its fast block times, increased throughput, and low fees, Pulse Chain offers a compelling alternative to Ethereum for decentralized applications and smart contracts.
Pulse X
There is also another exciting project to keep an eye on in the Pulse Chain ecosystem: Pulse X. Pulse X is a high-performance Uniswap fork with a revised user experience. It boasts deflationary tokenomics, fast and secure transactions, super low fees, options for Liquidity Provision, and much, much more. It is designed to be one of the MOST Liquid Exchange in the Pulse Chain Ecosystem.
Conclusion
In conclusion, The Pulse Chain Ecosystem, along with Pulse X, offers a next-generation bleeding edge solution designed to run side by side with the Ethereum ecosystem. With their faster block times, increased throughput, low fees, and user-enriching and innovative tokenomics, Pulse Chain and Pulse X, (alongside Ethereum) are poised to become major players in the world of cryptocurrency. By offering a scalable, accessible, and affordable solution for decentralized applications and smart contracts, Pulse Chain has the potential to revolutionize the Ethereum ecosystem by reducing Ethereum’s Network Load and fees, and bringing a much-needed, TRULY innovative Ethereum Layer 1 scaling solution to the Crypto space.