[Coin Request] PulseChain ($PLS) Coin

FYI: @Jared

Coin Name: PulseChain

Coin Ticker: PLS

ABOUT PulseChain:

What is PulseChain?

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. Our mission on HowtoPulse is to provide education about Pulsechain.

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, wallet 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 total supply of PLS will be about 1,000,000 greater than ETH to allow for a robust environment.

The main differences are speed, cost, Deflation, and efficiency of the network… Capable of hundreds of transactions per second vastly out paces Ethereum’s 13. Follow along to learn how this is possible. PulseChain replaces a PoW model with a DPoS or “Delegated Proof of Stake” protocol. Removing the need for expensive computing power of PoW while maintaining a high level of security. It also replaces Miners with Validators to secure the Network.

Speed

Delegated proof of stake (DPoS) allows for transactions to be processed extremely quickly without sacrificing security. This is possible due to trusted high-performance nodes that validate each transaction backed by PLS staker’s which vote in confidence with their own coins. Replacing the proof of work (PoW) Model frees up the computing power to validators encrypting transactions.

Cost

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.

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.

Efficiency

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 cost 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.

What is PulseChain 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. This rewards holders and founders of Ethereum based projects. The launch of PulseChain is the largest airdrop in history. 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.

Stateful Ethereum Fork

PulseChain brings all of the Ethereum state with it! As of block number _______ (TBD), Exact copies of all smart contracts, ERC-20 tokens, ERC-721 NFTs, and user accounts will exist on PulseChain. 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 stable coins are unlikely to have the 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.

Marketcap:

  • Unknown until launch (likely by May 1st)

Networks: as of 25 Mar 2022

  • Twitter Followers: 194.4K
  • Telegram: 63,450
  • Reddit Subscribers: 14.9k

Websites

Project Contact

If you require any further information, please let me know.

Hello @Azteca,

It appears PLS is an ERC20 based coin, is that correct?

If so, anyone can add an ERC20 coin to the app. Just click Wallet > Tap top right to add > Tap bottom right to add custom.

In order for it to be tradable on the app, a liquidity pool will need to be created. Anyone can make a new liquidity pool.

Hi there @Jared,

PulseChain is a fork of ETH (ERC20) which on the PulseChain network is known as a PRC20. It is not an ERC20 token operating on the ETH network.

Ah, sorry to say I don’t see this being added on as PLS is still on testnet and the focus is on adding bridges/coins that have a larger userbase.

I think you are going to find the user base with PulseChain is quite large and will expand at a very rapid pace. Telegram & Twitter #'s should be a decent indication along with the sacrifice numbers. Its a fully integrated eco-system top to bottom that has had around 2 billion dollars from the community alone placed behind it.