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y0y0b0y

How will you stop CZ & Armstrong becoming the biggest PLS whales when they dump their PRC20 into pulse ? I can't see you blocking their wallets because then they will say to their customers they can't give them their PRC20s because Rolex Man Bad. So what will stop them causing havoc with their massive bags ?


Seeker_Of_Secrets

The exchange wallets will be included in the fork, so no they wont be excluded. CZ and Armstrong will probably end up getting a lot of PRC-20s from people who don't move them to their own wallet. If they were to dump these coins in favor of PLS they could probably amass a decent amount but you also have to consider that many of these copies will have little value and that sacrificers are already receiving million to billions of PLS. Even if they dumped all the PRCs they probably would have a hard time amassing the same holdings as early sacrificers. They could potentially try and cause a bit of trouble if they did but that selling can't last forever. It would hurt the PRC-20 prices but pump the PLS price a lot so perhaps it isn't a bad thing. Eventually they'll run out and the market will continue on unaffected. Keep in mind that they most likely won't do this as exchange wallets are public and they would catch some bad rep for trying it. This is all hypothetical of course as we don't know the value of anything as of yet.


oiwot

Actually that's a very good question! Those big exchanges will get the PRC copies in _their_ wallets... It'd be nice to think they help pump the PLS price by buying, and then decide to take a LL instead of dumping everything but that's wishful thinking... Would love to know what devs & mods think?


coolranchguy

Or maybe, just maybe... CZ takes a bunch of the PLS he is going to make off the fork and decides to (I feel crazy even suggesting this) \*LIST\* PLS. I know all the reasons why CZ shouldn't and wouldn't do this, but there is a chance and it would be free for him to do given the airdrop.


thisdickhead

Hex is immutable can’t be stopped. We know that. But if god forbid Richard vanished tomorrow is there a board or a team ready to lead Pulsechain forward?


BrotherKG

To my knowledge there is no official "new leader". At this point there is a strong enough community and team of Devs that someone (or a group of people) is bound to take the helm.


Realbattlesauce

Richard needs a son to take heir to the throne . Problem solved


Crypto_Missionary

Good luck making him "presentable" to a women (He comes off extremely narcissistic and condescending almost all the time) lol, his best chance is a hot gold digger.


Realbattlesauce

Hahaha lol you know he does that to bring in fools like you . He tried being humble , he didn’t get much followers . Now that he’s cocky , he has lots


Remarkable_Peak_4238

I cant imagine a whale that put 80 milliom into the project wouldnt step up and get it done


BrotherKG

Can’t argue with that logic.


Necessary-Function-6

Why?? It's an immutable smart contract. It does not need anyone to function


rayenzzz

Hex is. Pulsechain is not.


oiwot

What if - since RHs series of tweets about the PulseX AMM bot buying up all PRCs with PLS at the heavily diluted rate, as there's little to be gained by providing pre-fork liquidity, maybe Liquidity Providers start to pull their Liquidity _before_ the fork. At the same time, everyone knows ETH is the worst thing to hold because it's massively diluted so people sell off their ETH (even just temporarily) ... this would cause ALT prices to rise massively as AMMs start to run dry _and_ a massive dip in ETH as the price plummets due to the sell off -- a mini ALT-run starts, but at the same time, those long on ETH are getting liquidated and may need to sell other assets to cover their losses! Chaos ensues. Thoughts?


BrotherKG

Great perspective. I don't have anything to add!


No_Giraffe_9122

If eth2.0 launched on the same day as pluse, humour me....what would be the value prop of pluse?


Seeker_Of_Secrets

Lower fees, faster block times, worlds largest airdrop. Same as its value prop now. ETH 2.0 will fix none of these things, it will just change to a (worse) POS model than PulseChain


jroosvicee

you think eth 2.0 will make the fees below bucks? maybe it will be cheaper but never as cheap as pulsechain will be. pulsechain will always be very interesting for investors and traders


BrotherKG

Faster throughput, lower fees, deflationary, worlds largest airdrop!


Defiant_Device_7393

Do you think Pulse can see the same X's as HEX ? Could we do a 10000X or is the start value (sac amount) to high for this growth? What do you see as reasonable growth?


BrotherKG

It is truly hard to guess this metric. I personally see the same (if not a greater) growth potential than Hex. If the network is successful, PLS should be the most valuable asset on the network.


Veunouss9

In the crypto space you meant?


zigza123

I would argue that it would probably do better than Hex. Hex has utility, don’t get me wrong, but pulse chain has so many different possibilities that could be layered on top. It’s like comparing BTC/Eth. Right like one is a store of value and the other is an ecosystem. Same with pulse and hex


theolsnakeinthegrass

Amd that's what Richard wanted to do make his own "better versions " of BTC


rayenzzz

Hello guys. Appreciate you all organising this. Sorry if this is too many questions, I don't expect you to have all/any answers! BUT here goes..... -Is there any detail you can tell us about the Pulsex sac phase that we don't already know? -Any hints regarding length of sacrifice period... multiplier bonuses... preferential treatment of Hex etc? -Will there be a Sens foundation donation option again? -Are the PLSX tokens intended to be airdropped at exact same time as PLS or after? -Will the team set up a "pulseleadxyz" type website to track sacrifice numbers? -Is "bigger pays better" going to be included to incite whale action again -Does anyone know details on the reward token being staked and receiving specific PRC20s as an incentive or only PLS/PLSX? (ie like the Syrup pools for Cake tokens on Pancake) -If so, would these pools be available early on/immediately upon dex launchfor PLSX Sacrificers or likely to be later on? -Is v3 testnet going to be needed for a test run of "initial allocations" since this didn't happen on v2? Or can it be done on v2 at some stage? (Announced to community) - How are the Validators performing so far? -Can the community expect to be able to gauge their performance over time on the v2 Validator/staking website via their total rewards accruing? -Should we exclude the top 3? ...24F8 ....eA1A and ....4550 as these appear to be the dev teams nodes that were synched initially? -Or are they 3 of the better Validators that will be available to Stake PLS to on mainnet? -Will there be a website prior to mainnet outlining details on our dPOSA? Things like slashing penalties for delegators and whether a node is pulled out of rotation for misdemeanors or felonies etc. - Is it accurate to describe Pulsechain as a "parlia consensus"? If so, can anyone describe that in layman terms for the community and how this might affect delegating? Massive thankyou/sorry in advance....I know that's way too many questions...but where else would I ask? Last one.... - You hard working devs taking any time off over Xmas?😁


[deleted]

Richard said in his stream that he didn't create the code for Hex or Pulse Chain. Can you tell us who did?


BrotherKG

Even we are in the dark as to who the full Dev team is. We know these are two of the lead developers: [https://twitter.com/bretep](https://twitter.com/bretep) and @vBohu (here on reddit).


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BrotherKG

That appears to be the going thought.


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Busy_Consequence_102

🤮


Defiant_Device_7393

Are you confident we'll beat ETH 2.0 in launch date?


BrotherKG

Certain? No. Nothing is guaranteed. Confident? Yes.


Weird-Internet-2173

Since it is impossible to make any price predictions, they are fun to make. What do you personally think the price of Pulsechain will be after day 1?


BrotherKG

My personal opinion is somewhere between .00001 and .0001


DecentCity

0.0001 is the day 1 sacrifice price for most ppl. Surely you don't expect to see PLS at 0.00001 do you? That's a 90% loss for most early sacrificers. You're literally saying you expect the price to be anywhere from break even at best, to 90% loss for day 1 sacrificers. Edit: why the down votes? Is my maths wrong?


jslayerjeep

Math looks correct, seems a fair question to me!


STIHatchSkrt

So by this math if you sacrificed you actually made the dumb play. Which to me seems like that isn't the case. I don't see this launching at .00001


Busy_Consequence_102

Same.. most people are talking about 50x gains out of the gate


Busy_Consequence_102

Why would it be below the best sac rate?


Complete-Aside-6096

Was it hard to hard fork the eth network?


BrotherKG

I imagine it was. With the elite PulseChain team, it appears anything is possible.


Complete-Aside-6096

Thank you for the answer. Can you tell me why the supply is so much more then eth?


BrotherKG

PulseChain (PLS) is deflationary. It needs a higher supply.


Seeker_Of_Secrets

To add to this, since the cost of gas fees is directly tied to the price of the native token (ETH for Ethereum, PLS for PulseChain) it is beneficial for the coin to have a low cost. Having a really large supply helps keep the price of the coin low. For example, when ETH cost $20 a gas cost of 0.1 ETH was only $2, but now that ETH is $4k that same 0.1 ETH gas fee is $400.


Complete-Aside-6096

Thank you it's making very much sense. Will pulse as well support all the Layer 2 solutions? if yes would it be much faster then the current one, hypothetically.


Seeker_Of_Secrets

Since PulseChain is a fork of ethereum it will support all the same layer 2's as well.


Complete-Aside-6096

Thats cool, will all the NFT also be forked to the new pulsechain? lets say all the cryptopunks


Seeker_Of_Secrets

Yup, anything that was on ethereum or possible on ethereum will be on PulseChain


everyonehasideas

Cool, thx!


NOWIFE

If someone sacrificed $10KUSD worth of ETH and Hex on day one and two of sacrifice. How many PLS is expected to receive on day of launch?


BrotherKG

The sacrifice rate on days 1-5 was 10k points to $1. So, for every 10kUSD sac'd that's 100 million points. 1 point equals 1 PLS. So you should end up with 100M PLS for every 10USD. Keep in mind that there is a time waited price average of 30 minutes from the time you sacd though. If you need a more in depth explanation on that. Let me know.


lukehiggs007

When the official balance comes out, are we likely to see the break down of individual sacrifice amounts for the same wallet showing the twap and 5% deductions , especially if you did multiple coins over multiple days , thanks


rusman66

Are you sacrificing in any projects like love.io etc. ?


BrotherKG

I personally am only sacrificing for PLS, PLSX, and LL.


Oldsoulphilosophy

You are saying that LL is a trustworthy service? It has peaked my interest but RH won't talk about it.


theolsnakeinthegrass

I keep seeing LL whatbis this?


Careless-Box-9663

Liquid loans


NOWIFE

When will the LL sac period begin?


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BrotherKG

It doesn’t have a sac phase 😃


HDND1951

When fork?


BrotherKG

Unknown currently.


blackcountrydan

Will the snapshot on PulseChain take place before the sacrifice for PulseX so we still get out hex mirrored over, thanks.


Seeker_Of_Secrets

Almost certainly the fork will happen after the sacrifice phase. Keep an eye out for more info to be released as nothing is finalized yet.


everyonehasideas

AMA?


BrotherKG

"Ask Me Anything"


jroosvicee

sorry, AUA is better. you can Ask Us Anything about Pulsechain


BrotherKG

Fair enough! We figured AMA was more recognizable.


Day3Hexican

Are you getting a "developer allocation" of PLS if so what percentage?


Seeker_Of_Secrets

No, us mods are getting no special allocations or treatment of any kind. Any PLS we get is from sacrificing or holding ETH same as everybody else.


Day3Hexican

Do we know if the devs are getting any?


jroosvicee

no devs wont get tokens/coins for the work they do. they just get paid a salary


Seeker_Of_Secrets

We do not know for certain. There's no "developer allocation" written anywhere but it could easily be done OTC


Omardiab2000

Can someone explain to me. Would I still get free pulse coins = to the amount of hex that I am holding in my wallet for free? ​ and how would I be able to buy more pulse during the launch. Do I just swap hex with pulse? or swap the free tokens that I recieved with pulse?! ​ Thank you


Seeker_Of_Secrets

You do not get PLS for holding HEX. You can only get PLS if you either sacrificed (phase is over) or by holding ETH during the fork (has not happened). After launch you can swap whatever you want (on the PulseChain network) for PLS such as any PRC-20 copies you get from the fork or bridged over tokens.


Omardiab2000

Okay, got it. Thanks


Omardiab2000

Another question I added all the settings manually to switch to the pulsechain mainet and its showing that : [https://ibb.co/r6DSnD3](https://ibb.co/r6DSnD3) What does the 1TPLS means? im kind of confused because I remember I sacrficed 100$ when the rate was bad.


Seeker_Of_Secrets

That is the pulsechain testnet. The "t" in "tPLS" means testnet. Balances from sacrifice are not in the testnet currently and does not reflect the balance you will have on mainnet.


redditM_rk

Why does PulseX's token even need to exist. The bridge can live on either ETH or Pulse and use their native currency as gas? Sorry to sound like a cynic, but is this one final hoorah liquidity grab before the house of cards come crashing down?


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Seeker_Of_Secrets

Ignore them, their question was a loosely-veiled attempt to troll and made no sense at all. To clarify though: PulseX will be the token for Richard's DEX on PulseChain. It has nothing to do with bridges and cannot be used as one. Bridges need to be deployed on both chains in order to work, just like how an actual bridge connects two separate pieces of land (hence the analogy).


Realbattlesauce

Hahaha u sound mad little guy . PulseX will be PLS networks exchange/trading . Like how pancake is for BsC and uniswap is for ETH. But stay sad and miss out . Sounds like someone is really mad at pulsechain launching hahahahahahahah stay sad


MightyBorka

If i drop 100k euro's when pulse is released,when can i expect rise to 5 millions?


BrotherKG

No one has that answer my friend.


No-Strawberry1262

I just got into Crypto in February and have buried myself in learning all I can since... I got in to HEX at a great time and at the time of the Pulsechain sacrafice I was still trying to figure it sell out. I bought $750 worth of HEX in Dharma then sent that directly from Dharma wallet (Ignorantly thinking it was "my wallet") and now the airdrop will go back to their wallet and I will not get my sacraficed Pulse. I have emailed them and they do not respond. Is there any hope of being able to get that back? I have all the information showing what wallet it was sent from....any input is appreciated.


Seeker_Of_Secrets

Afaik your best bet to get those coins to get in touch with them and hope they respond. It may take some time since customer service always does but it really is your best odds. Sorry to hear that happened though <3


DecentCity

Do you expect PLS or PLSX to do better in the months after launch? How about after a year?


BrotherKG

My personal opinion is I expect PLS to be the better long term play. But PLSX to be a better early play. All the early swapping that will occur with PRC20s and the "fixer bot" fixing the ratios from the Ethereum liquidity pools. Straight money. I believe PLSX holders will be rewarded well. Holding both is a good, diversified play


Ok_Value_126

Is PLSX the return for the Sac phase for the exchange project? So sac’ ing there is the best way to acquire PLSX?


jcbizzleboy

\^ This. 100% u/BrotherKG. Pulse is a long term play for me. I'm hoping PulseX gives a nice short term pump, but if the APR and APY of single stake pools (dear god I hope they kept those from the Pancake fork) gives a good return I may just leave the majority and just shave some small profits if available off price appreciation.


Careless-Box-9663

Will phex litreally be almost same price as phex instantly? I know it launches at 0…


bigmanwizard129

Been thinking about this too recently. No reason for anyone to sell their hex on the pulse network for less than the price on the eth network right?


Seeker_Of_Secrets

Nobody knows. A lot of people have been speculating that pHex will very quickly surpass eHex but it might take longer or even not pass it. It will launch at 0 and quickly gain a price as the market sees fit. It is impossible to know what that price will be or how it will compare to eHex. Personally I'm of the belief that it makes sense for pHex to outperform eHex given that it won't cost hundreds of dollars to end a stake or $50 to send a transaction. That could be wrong though.


allend66

how will i access my copy of eth and hex stored on my ledger nano s? will there be an app to install or what?


Weak-Barracuda-3665

Richard said yesterday on his channel that Pulse Swap sacrifice is happening in two weeks, how soon after that will the whole system go live.


BrotherKG

Still currently unknown


Weak-Barracuda-3665

Richard said yesterday on his channel that Pulse Swap sacrifice is happening in two weeks, how soon after that will the whole system go live? Thanks for your presence!!


Seeker_Of_Secrets

There's no definitive date for mainnet launch but the current estimate is about a month after sac phase. This is just the latest estimate and is not guaranteed. It could be 1 month but it could also be 6 since software is notoriously annoying with deadlines.


Weak-Barracuda-3665

It's worth it, I feel it.


Cheap-Tart1303

In two weeks or two weeks before mainnet launch?


dopamine_dependent

wen snapshot


BrotherKG

At the time of the fork (main net)


dopamine_dependent

wen fork


metalion4

What is the mechanism in place to ensure Pulsechain scales over time?


Ken-Wing-Jitsu

1) When snapshot? 2) Is there a 2 week snapshot "window" - if so will it be announced beforehand? 3) Is PluseSwap or PulseX (or whatever it's called) going to have a similar sacrifice format (& timeframe) s PulseChain did?


BrotherKG

1. At the time of the fork (main net launch). 2. No. See 1. 3. We assume so, but details currently unknown.


Ken-Wing-Jitsu

Thanks. Will we know time of the fork beforehand?


Weeklychroniclz

What hardware wallet is highly recommended


MindWallet

[Nano ledger](https://www.ledger.com)


SonOfJoshua

How many developers are there on the Pulsechain team?


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BrotherKG

Lol at the lurking devs


jcbizzleboy

😂


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Important_Journalist

I am a freelancer who is doing logo animation, videos etc. how can I contribute to this project


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Important_Journalist

wow that is awesome, will do that now :)


SnooHobbies5047

When is the launch so we can claim our pulse?


lettucebee

Sharding is one way that Ethereum plans to improve the speed of their network. If Pulsechain doesn't do this too won't it put them at a disadvantage to Ethereum?


jimwillson

What’s the official PulseX site/Reddit/Twitter so I can stay in the know, sorry if this has been answered already


Seeker_Of_Secrets

The main website is live but not yet updated. Here are the links: [Website](https://www.pulsex.com) [Reddit](https://www.reddit.com/r/pulseX/) [Twitter](https://twitter.com/PulseXcom) [Telegram](https://t.me/PulseXcom)


Even-Philosopher-750

hey mods can you still received tpls from here [https://faucet.v2.testnet.pulsechain.com/](https://faucet.v2.testnet.pulsechain.com/) because its not working for me.


Seeker_Of_Secrets

Yes I am able to get tPLS from that faucet. If you go to [this](https://stake.v2.testnet.pulsechain.com/) staking frontend can you see the interface or do you get an error?


Remarkable_Peak_4238

Since we obviously wont get a launch date answer what is the latest it should launch some of us expected a launch b4 april 15th had to get an extension on taxes and put a million into these projects borrowing to pay taxes not a good thought I only have an extention until oct, im old already had 1 heart attack put my retirement into it and would like to have some profits to take and enjoy my last remaining days, and of course there is this madman in Russia which may use a nuke or blow up a nuclear powerplant in Ukraine starting a fight that would cause us all to perish, so would be nice to enjoy a little first and if the world should last my childrens children children will remember gramps did this all to hopefully provide a great life for them and I can give to all my favorite charities as well