# PulseChain: an innovative blockchain and its projects
PulseChain is a blockchain project initiated by Richard Heart, the founder of the HEX cryptocurrency. It is a fork of the Ethereum blockchain, designed to provide greater scalability, lower transaction fees, and faster transaction speeds⁵. PulseChain aims to be a perfect replica of Ethereum, copying the state of all smart contracts and user balances, but using a different consensus mechanism, based on Proof of Stake⁴.
PulseChain attracted the attention of many investors and developers, who participated in the sacrifice phase of the project, which involved sending cryptocurrencies to a specific address in exchange for future Pulse (PULSE) tokens. The sacrifice raised more than $26 billion, making it one of the largest in cryptocurrency history⁴. PulseChain has not yet launched its mainnet, but it is planned for early 2024.
## Projects on PulseChain
PulseChain is not only a blockchain, but also a platform that enables the development of various projects based on smart contracts. Projects that have announced plans to launch on PulseChain include:
- PulseX: This is a decentralized exchange (DEX) that allows users to trade PULSE tokens and other ERC-20 tokens on PulseChain. PulseX uses an automated market making model (AMM), which adjusts prices based on supply and demand. PulseX also plans to offer features such as liquidity farming, staking and launching new projects².
- HEX: This is a decentralized certificate of deposit (CD) that rewards users for locking up their HEX tokens over a specified period of time. HEX is Richard Heart's first project, and it is currently one of the best performing on the market, with a market capitalization of over $40 billion. HEX will be available on PulseChain, and HEX holders will receive an airdrop of PHEX tokens, which will be the equivalent of HEX on PulseChain².
## Conclusion
PulseChain is an ambitious project that aims to improve the experience of Ethereum users, by offering a faster, cheaper and more environmentally friendly blockchain. PulseChain has already attracted great interest from the crypto community, and it promises to become a platform of choice for many innovative projects. PulseChain is still in the development phase, but it is expected to launch in the coming months, ushering in a new era of blockchain.
(1) undefined. https://www.datawallet.com/fr/crypto/ajouter-la-cha%C3%AEne-d.
(2) PulseChain: perfect replica of Ethereum or simple counterfeit. https://www.zonebourse.com/actualite-bourse/PulseChain-replique-parfaite-d-Ethereum-ou-simple-contrefacon---43926583/.
(3) Pulsechain Projects. https://www.pulsechainprojects.io/.
(5) How to add PulseChain to MetaMask (2023). https://www.datawallet.com/fr/crypto/Adder-la-cha%C3%AEne-d’pulse-au-m%C3%A9tamasque.