Richard Heart took to Twitter teasing a PulseChain screenshot, adding, “Its [sic] working on private v3 testnet.”
Word of PulseChain first broke in July 2021, with the accompanying press release openly admitting its intention to fork the Ethereum code and add “significant enhancements,” including cheaper gas fees and quicker block times, at three seconds versus ETH’s 13 seconds.
“PulseChain is a new Blockchain-based cryptocurrency ecosystem that offers significant enhancements over the legacy Ethereum platform.”
The project is backed by the development company Everything Blockchain, with VC firm Overwatch Partners also in the mix.
PulseChain
PulseChain’s intention is to build a better version of Ethereum, but with key changes in the PRC20 standard and the Pulse (PLS) token, which can be staked with validators to earn yield.
At the same time, PulseChain does not seek to challenge ETH directly. Instead, it will “increase Ethereum’s value” by “sharing the load” w
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