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RE: Daily Crypto Markets Live Blog: What can you share about different blockchains? (09/19/21)

in LeoFinance3 years ago

There really isn't one. The only link is that the developer/creator of HEX (Richard Heart) is the guy behind building Pulsechain.

Once Pulsechain launches, there will be two HEX's. One on the ETH chain (the current one), and a duplicate on the Pulsechain. Everything you have on the ETH chain will be duplicated on the Pulsechain. And then there will be a crazy few hours? days? weeks? of price discovery on the new chain.

I mean, they're going to fork the entire ETH chain, fully loaded. You see these cryptos that fork ETH but they do it empty so their token is the only thing on it, and then they build it out from there. RH's plan is to bring Pulsechain out fully loaded with a Uniswap fork set up with currency pairs and a bridge from the ETH chain to the Pulsechain.

It really is flippin' crazy. No one knows how its going to pan out, or even IF it's going to pan out for that matter. BUT, the chain will be cheaper, faster, more efficient, less environmentally detrimental, and easier to use than ETH with all the same functionality and then some. They are basically making Pulse into what ETH is trying to get to. And they've already got a ton of devs working on building projects on Pulse. ETH is just too damned expensive. Not only is it killing small investors, it's killing development as well.

So, like I said, it's a massive undertaking with lots of moving parts and no real roadmap because it's never been done.

The one thing that should be a constant though is HEX. If nothing else works, the HEX on Pulsechain should continue to hum along as the one on the ETH chain is doing. The only difference will be that transactions will be very, very cheap. We'll see....

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