PulseChain was founded by Richard Heart, a famous crypto personality and also the creator of HEX. His vision is to create an environmentally friendly alternative with a faster and more scalable approach than Ethereum, by forking the state's side of Ethereum.
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What is Pulsechain crypto?
PulseChain is a blockchain built by Richard Heart (the same developer of HEX). It's similar to Ethereum, but faster, cheaper, and more efficient. The idea is simple: take the good of Ethereum, fix the slow transactions and high fees, and make it easier to use.
Why PulseChain is Different
PulseChain starts with all Ethereum contracts and NFTs. When Ethereum launched, the holders of Ethereum got their tokens and NFTs airdropped to PulseChain, so the network was already populated with lots of assets.
In contrast to energy-hungry mining, Pulse uses staking, which means quicker confirmations, cheaper fees, and a much lower energy profile. Blocks are created about every 3 seconds, so sending tokens is almost real-time.
A portion of every transaction fee is permanently removed from circulation, which can make PLS deflationary over time.
PLS – the Network’s Token
PLS is the native cryptocurrency of PulseChain. You’ll use it to:
- Pay for transactions
- Interact with decentralized apps (dApps) built on PulseChain
- Stake and participate in governance, earning rewards for helping secure the network
Pulse tries to enhance Ethereum by reducing transaction costs, speeding up confirmations, and fueling an expanding app and NFT ecosystem. It's a fascinating venture, but as with any crypto, it has risks—so always do your research before investing.
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