re: Pulse chain

from the article linked.

quote:

---

offering network members/token holders interest returns of between 3.69% and 369%. Rewards are greater for those who “stake” the highest percentage of their HEX holdings for the longest time, with claims the final payout (after 15 years) would be even larger if the HEX token’s market value increases.

---

Sounds a lot like a Certificate of Deposit.

quote:

---

Middleton has often referred to Heart/HEX as “Ponzi marketing”

---

What is Ponzi Marketing?

quote:

---

Who exactly has he scammed? And how?

---

Not a single person in history. He was retired with millions before he even mined his first 50 Bitcoin block in 2009. In fact the guy has given away tons of money over the years. A year ago he gave $30 million to the SENS Foundation. He writes and gives away self help books.

quote:

---

Originally, Pulse was a fork of Bsc. Everything was running smoothly on testnet, then the Eth update happened. Richard and the devs then realized that that Eth code was better and more secure to build on. And as an added benefit, Pulsechain could incorporate future Eth updates.

---

How is Pulse going to be any better than Eth? And how did they just realize Eth had better code than BSC?

quote:

---

Well technically you never could invest in it.

---

Can we stop using the term invest on this board?

Investing is when you buy a pistol because you have to drive though the ghetto often. Like you know it’s not going to evaporate into thin air and it should always have some trade value

Giving your money to a closeted diabetic Hillary supporter isn’t an investment

Giving your money to a pedophile vaccine nazi that makes computer programs that everybody hates isn’t an investment

Giving money to a democrat slush fund that tracks your investment based on an overall aggregate of the market that is a Ponzi scheme bubble based on continued government money printing isn’t an investment.

As long as you keep putting money into fake scams like “hex” or “blue chip stocks” or “index funds” let’s be honest with ourselves and not call them investing but gambling

quote:

---

I can use any number or L2s or competing L1s that already exist. What does Pulse offer me that other things on the market do not currently offer me?

---

Yep you could, but Ethereum is top dog. That’s why it is the #1 blockchain. Pulse offers the same, but cheaper and faster experience with a free copy of every erc20 coin that you already own and already up to 150 new projects ready to launch on Pulse. New blockchains tend to do very well. If none of that interests you then don’t use it.

I dont necessarily think Pulse is going to be the "end all be all" or "second coming of Christ." And it doesn't need to be that in order to be successful. It doesn't need to take over and dominate the market for early adopters to make money. It just needs a small share of the market, and it needs to be dependable. If that happens, early adopters make money.

Its going to be a new blockchain that is fast, secure, and cheap to use. And yes, there are others out there that are fast and cheap. More and more people are going to enter crypto in the coming months and years. When Ethereum gas prices are higher than giraffe's pussy, Pulse will be a cheap, fast, secure alternative.

And as far as the value of the airdropped PRC20s, I think you're probably right. The vast majority of those projects probably arent going to leave Ethereum to go to Pulse. Some might though. I think the real value of the PRC20 copies will be in exposing people to the blockchain. And again, we don't need all those projects to come over from Ethereum to Pulse for it to be successful. There are a hundred something new projects in development that will launch on Pulse, as others have mentioned.

quote:

---

What specifically is so special about Pulse that it will take users away from already well established projects?

---

Ethereum with basically "no fees".

quote:

---

whole thing is based on the assumption that your Pulse coins will be worth something in the future.

---

Like every single investment you ever made in your life. Welcome to speculation. Who doesn't want Ethereum with dirt cheap fees? Did you see the gwei yesterday up to 900? In the bear market.

quote:

---

but I don't see what will sustain the price action.

---

Over 200 protocols are already ready to go currently on testnet. Some are ready but kept quiet as well, so actually more. A community that has grown tremendously during the bear market. Most of these people made a fortune during the last cycle as well. As stated above, every single person I know wishes they would have sacrificed more and plan to buy more.

I went hard as hell, and I'm buying a lot more after launch.

quote:

---

It's billed as the end-all/be-all, but when it's finally revealed, people will be like "that's it?"

---

No it's not billed as that. Many chains will survive and do well. This is simply an opportunity. You can take it or leave it.

Pulse Update from Richard Heart

quote:

---

Pulsechain.com updates. Testing is going very well now for Prysm-Pulse, Go-Pulse, and Lighthouse-Pulse.

---

The link above is a new twitter thread with testnet update.

Launching in may, 2022.



10,000% returns!!!

quote:

---

To the noobs of this board, go look up HEX/ Richard Heart for yourselves. For some reason a few fanboyz made their way to this board, everyone everywhere else seem to know he's up to know good.

---

Since you're looking out for all the little guys, why don't you be of help and show everyone the actual proof that "he's up to no good." Aside from the fact that his project launch has been delayed.