DeFi Intel

PulseChain chain

layer1 · PageRank 0.0022

Also known as: PLS

Overview

PulseChain is a proof-of-stake layer-1 blockchain that is a fork of Ethereum, created by Richard Heart. It is designed to offer lower transaction fees and higher throughput than Ethereum. The network uses a 'sacrifice' mechanism for initial distribution of its native token, PLS.

Within the DeFi Intel graph, PulseChain connects to 3 tracked entities, most strongly to USD Coin, Tether USD, Dai.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).

RelationConnected entityConfidence
deployed_onUSD Coin95%
deployed_onTether USD95%
deployed_onDai95%

Frequently asked questions

What is PulseChain?

PulseChain is a proof-of-stake layer-1 blockchain that is a fork of Ethereum, created by Richard Heart. It is designed to offer lower transaction fees and higher throughput than Ethereum.

How was the native token of PulseChain initially distributed?

The network uses a 'sacrifice' mechanism for initial distribution of its native token, PLS.

What stablecoins are deployed on PulseChain?

Tether USD, USD Coin, and Dai are deployed on PulseChain.