PulseX

According to Etherscan, the contract address for PulseX is 0x3434d708EE9802125A24277326eEEea824A53E11 with the decimal of 18. Max total supply of 5,000,000 PLSX.

PulseX – what’s the idea?

We have recently seen a spike in GAS prices on Ethereum mainnet transactions with fees of up to several hundred dollars for simple transactions. This fee increase is because the blocks on the Ethereum blockchain are constantly full due to the increasing demand by all Ethereum-based Dapps.

These prices should theoretically decrease when all dapps are merged to Ethereum 2.0, although there is no guarantee.

In addition, the Ethereum “Berlin” fork guarantees an increase in transaction costs on the Hex blockchain as Vitalik has decided to increase the GAS fees necessary to perform the most basic arithmetic operations on the EVM (Ethereum VirtualMachine).

The founder of Hex, Richard Heart, has therefore decided to make a fork of Ethereum specially dedicated to Hex. This new fork is, therefore, already being prepared. The name of this new blockchain is PulseChain. And PulseX is Pulse Chain native DeFi exchange application, allowing users to exchange tokens with each other on PulseChain.

Who is Richard Heart, creator of HAX and Pulsex

Richard is the founder of HEX. The latter made a fortune in cryptocurrencies and, more particularly, in Bitcoin, which he has held since the first phases of the project. Thus, he could mine Bitcoins directly with his processor for a while when the difficulty of the verification algorithm was not so energy-intensive. Richard indeed states that he was able to mine rewards of 50 Bitcoins at a time at the very beginning of the network.

How did he become a multi-billionaire? It’s quite simple. Richard owned a network marketing business at the time, in which he made his fortune. He then sold his business and reinvested a significant portion of his earnings in Bitcoin.

And most important of all: he has never sold or been on the short side of Bitcoin. As he repeats throughout the stream: daytraders, who try to short most often lose all their money. The long side is, therefore, of course, where the chances of winnings are most significant in cryptos as it is in the living demonstration.

His fortune has therefore increased significantly in recent times with the rise of Bitcoin, although Richard is no longer very optimistic about the future of Bitcoin.

Initial PulseChain investors are even able to sacrifice their BTC to receive their Pulse tokens.

Pulsex tokenomics

The price of PulseX has risen by 12.36% in the past 7 days. The price increased by 0.11% in the last 24 hours. The current price is USD 311.97 per PLSX. Inversely, USD 1.00 would allow you to trade for 0.0032 PLSX, while USD 50.00 would convert to 0.1603 PLSX, not including platform or gas fees.PulseMarkets’ price today is $0.020521035006, with a 24-hour trading volume of $3.04.The total maximum supply of the PULSE tokens is 100 million.

What is the PulseX contract address?

According to Etherscan, the contract address for PulseX is 0x3434d708EE9802125A24277326eEEea824A53E11, with a decimal of 18. Max total supply of 5,000,000 PLSX.

Ethereum fork aims to reduce GAS costs for Hex smart-contract users.

In anticipation of the fork Richard Heart recommended that the whole community make investments before the fork from HEX to Pulsechain, suggesting an airdrop in the form of a copy of all your investments on the old V1 of the contract to V2.

The consensus code remains the same as before because it is locked. The V2 contract, therefore, performs exactly the same functions as the V1 but is less costly in terms of GAS costs.

It is to be clarified that the old Hex blockchain on the Ethereum mainnet will still be in existence after the fork because the Hex smart contract is truly immutable and unstoppable; As with all forks to a mainnet, it is expected that the old one will fall into disuse over the years but you can always withdraw your investments on the old Chain if it continues to be kept alive.

All your liquid and unplaced tokens are duplicated on PulseChain. If you want a 1:1 airdrop, you can therefore buy Hex tokens before the snapshot, resell your Hex v1 tokens to buy V2 tokens, and place double the initial tokens on PulseChain.

According to Richard Heart’s hints, there is a proof of stake component in the new PulseChain with 81 Validator Nodes that will validate transactions.

It is necessary to possess a certain number of HEX tokens to apply to become a validator of the PulseChain network.

Ultimately, users of the HEX smart contract will have every interest in going through PulseChain to make their investments in the HEX blockchain.

We can already anticipate an airdrop not to be missed. We do not yet have the snapshot date, but any investments made before the snapshot data are duplicated on the new PulseChain. When these investments mature, you can therefore withdraw them on the Ethereum mainnet and on Pulsechain, doubling your earnings!

What is a cryptocurrency fork, and how does it work?

In its broadest sense, a Fork is a change in the blockchain protocol that software uses to validate the transaction. It means that almost any divergence in the blockchain can be considered a Fork. However, there are two main varieties: hard bifurcations and soft bifurcations.