What is PulseChain? The faster, cheaper, energy efficient and sustainable blockchain | by Taylor Kennedy | May 2023

PulseChain, the innovative brainchild of HEX.COM creator Richard Heart, is poised to redefine the blockchain landscape. As an Ethereum fork, PulseChain addresses the most pressing concerns facing the Ethereum network, including high transaction fees and slow processing times. By providing a faster and more cost-effective solution for executing smart contracts and completing transactions, PulseChain is designed to outperform its competitors and transform the decentralized finance (DeFi) ecosystem.

With skyrocketing gas fees and increasing transaction times, users and developers are seeking alternatives to Ethereum that offer a smoother and more efficient experience.

The problems plaguing Ethereum

Ethereum has long been the backbone of DeFi, powering various applications such as decentralized exchanges, lending platforms and NFT marketplaces. However, the rapid growth has led to scalability issues that negatively affect the user experience. With skyrocketing gas fees and increasing transaction times, users and developers are seeking alternatives to Ethereum that offer a smoother and more efficient experience.

Enter PulseChain

Q: What is PulseChain?
ONE: The solution to Ethereum’s challenges.
As a direct Ethereum fork, PulseChain inherits the robustness and security of its parent network while addressing shortcomings. PulseChain brings improved speed, reduced transaction costs and better overall performance to the DeFi space. By harnessing the power of the Proof of Stake (PoS) consensus mechanism, PulseChain offers several advantages over Ethereum’s current model.

1. Lower transaction costs: PulseChain’s PoS model significantly reduces transaction fees, making DeFi applications more accessible to a wider user base. This reduction in fees is a game-changer for both users and developers, as it encourages greater adoption and promotes innovation in the DeFi space.

2. Faster transactions: PulseChain’s PoS consensus algorithm enables faster transaction processing times compared to Ethereum. Faster transactions equate to a more seamless user experience, which is critical to mass adoption and the growth of the DeFi ecosystem.

3. Environmentally friendly and sustainable: PulseChain’s PoS mechanism is significantly more energy efficient than the model used by Ethereum and other blockchains. As concerns about the environmental impact of cryptocurrencies increase, PulseChain’s eco-friendly approach is a significant advantage in attracting environmentally conscious users and investors.

4. Wider token availability: Those who hold Ethereum tokens at the time of PulseChain’s release will find that their assets also exist on PulseChain as a mirrored version of Ethereum’s complete system state. This unique strategy establishes a productive, comprehensive and environmentally friendly blockchain network that seeks to transform industry norms. In addition, this feature increases the availability of DeFi tokens and applications on PulseChain, promoting a more robust and diversified ecosystem.

PulseChain’s innovative approach to consensus, token distribution and overall performance is set to propel PulseChain to the forefront of the DeFi landscape.

Pulse (PLS) Token

PulseChain’s native token, Pulse (PLS), powers transactions, staking and governance on the platform. PLS has tremendous potential to appreciate in value as the platform is adopted and attracts new users and developers. The strong utility and potential for growth make PLS a promising asset for investors seeking exposure to the expanding DeFi space.