PulseBitcoin - The Faster, More Secure, Quicker Halving, Energy Efficient, Highly Scalable, DeFi Compatible; Bitcoin!
PulseBitcoin - The Faster, More Secure, Quicker Halving, Energy Efficient, Highly Scalable, DeFi Compatible; Bitcoin!
The "Bitcoin" brand is very well-known by much of the world, but many people still refuse to adopt it! Why?
Bitcoin suffers from critical problems that prevent its continued adoption. Just to name a few: it's slow, expensive to use, requires special equipment to mine it effectively, it’s not environmentally sustainable, it has had numerous inflation vulnerabilities, it is NOT compatible with existing DeFi without the use of middlemen, it does not scale as well as established EVM networks, and the list goes on and on...
The world deserves a better Bitcoin, and the solution has finally been created: PulseBitcoin
PulseBitcoin offers Cheaper Transactions, Faster Transactions, Inclusive Mining, a Scarce Supply, a Quicker Reward Halving Cycle, Native Compatibility with existing DeFi, more Security, High Scalability, and most importantly, its Energy Efficient and Eco-friendly!
In order to improve the world we must amend the current "Bitcoin" and make it better in every way that ACTUALLY MATTERS!
PulseBitcoin is not a copy, it is a much-needed innovation!
PulseBitcoin can be mined into existence, just like Bitcoin, except instead of using exclusive and expensive mining hardware known as Application Specific Integrated Circuits (ASIC Miners) and the constant use of electricity, PulseBitcoin exclusively uses Software (ASIC Tokens) and the passing of Time. No hardware required!
To mine, just lock 1 or more ASIC Token(s) for 30-day intervals and get Rewarded in PulseBitcoin (PLSB).
"Mine Time, Not Pollution!"
**End of TL;DR Section**
PulseBitcoin exists on the PulseChain Network which operates at ~3 second blocks.
Compare this to Bitcoin where just a single block confirmation can take over 10 minutes!
Bitcoin Supply: 21,000,000
PulseBitcoin Supply: 21,000,000
Do not miss out on the opportunity to get in on PulseBitcoin - designed to be a better Bitcoin in every way!
Bitcoin's mining reward (inflation) is programmed to halve every 210,000 blocks or about every 4 years.
PulseBitcoin's mining reward is also designed to halve, but every 6-12 months!
To mine Bitcoin it requires an expensive and powerful GPU or hardware ASIC miner just to participate effectively, plus, the cost of the constant use of electricity!
With PulseBitcoin, you don't need any of this!
You only need ASIC Token and Time!
Just lock up 1 or more ASIC Token for 30-day intervals to start Mining! Doing this is referred to as "Mining"!
This allows everyone the same opportunity to mine PulseBitcoin regardless of hardware or the cost of electricity!
Bitcoin lives on its own network, meaning it is siloed from the existing trustless DeFi infrastructure that operates wonderfully well on PulseChain and other EVM Networks!
If you want to swap into a stablecoin on Bitcoin, you MUST use middlemen.
If you want to earn yield on your Bitcoin, you MUST use middlemen!
If you want to swap your Bitcoin for any other crypto, you MUST use middlemen!
PulseBitcoin offers all of these WITHOUT the use of middlemen!
Crypto holders, including many well-known crypto "influencers" have no idea that Bitcoin has a long history of security vulnerabilities, especially Inflation Bugs. Inflation bugs occur when someone on the network can mint free coins outside of the defined parameters. Many think the only way Bitcoin is vulnerable to exploits is through 51% attacks.
This is FALSE!
A huge problem with Bitcoin is that its source code is NOT modular, so much so that some call it "spaghetti code". There is also no written spec or code audits!
PulseBitcoin offers superior security through modularity and code audits!
Bitcoin suffers from an inability to scale in nearly every aspect. Scaling issues such as the limited number of users that can participate in effective mining, scaling transaction throughput via network improvements, or even scale regarding the tooling developers need to build alongside it.
PulseBitcoin solves every scalability problem Bitcoin suffers from just by operating on the PulseChain network. This allows PulseBitcoin to automatically inherit all improvements/features implemented to the L1 network as well as any L2 scaling technologies.
Also consider this, the value scaling (aka price) is much, much higher on PulseBitcoin vs Bitcoin due to its swapping capabilities through DEX(s). These allow anyone easy-to-use, instant binary value transfers.
We know most energy production causes pollution; we also know Bitcoin mining uses a tremendous amount of energy; therefore, Bitcoin causes some amount of pollution.
Hypothetically, even if nearly all energy used for mining Bitcoin were "clean" there would still be some amount coming from "dirty" energy sources (coal, etc.), and this hurts the marketing and adoption for Bitcoin.
There is currently NO roadmap being developed for a "clean" alternative to Bitcoin's "dirty" Proof-of-Work (PoW) consensus mechanism.
PulseBitcoin solves this by existing on the PulseChain network, which offers the environmentally clean Proof-of-Stake (PoS) consensus mechanism.
This makes PulseBitcoin the non-polluting, more energy-efficient bitcoin solution!
10-Minute Average Block Time
12-Second Average Block Time
10-Second Average Block Time
We can see that PulseBitcoin is just as scarce as Bitcoin will ever be.
Notice how Bitcoin's ₿ points down while PulseBitcoin's ₿ points up and to the right!
Bitcoin Halving Cycle: about every ~4 years*
Sum after 32 Cycles: ~21M
PulseBitcoin Halving Cycle: ~ 6-12 months**
Sum after 32 Halving Cycles: ~21M
*The halving frequency is determined by the amount of hashing power that joins or leaves the network to mine new blocks.
**The halving frequency is determined by the number of ASIC Tokens used to mine PulseBitcoin.
TLDR; The frequency is nondeterministic, meaning halving's could occur sooner or take longer than the estimated time based on mining participation.
Since PulseBitcoin does NOT require any special mining hardware it allows ANYONE in the world to mine new PulseBitcoin into existence just by acquiring ASIC Token and interacting with the PulseBitcoin Mining Smart Contract.
Again, just like the early days of Bitcoin, ANYONE can mine PulseBitcoin!
Be aware there is just one single penalty rule that must be followed
You may have heard that Bitcoin is "limited" or "restricted" in its technical capabilities, but never knew exactly how.
Here are a few reasons:
Bitcoin's scripting language is NOT Turing-complete, which significantly limits its computational use cases.
Bitcoin also does NOT offer useful persistent storage, meaning, all UTXOs would require TX state data which would add enormous complexity for simple tasks.
Both drawbacks prevent the Bitcoin network from gaining mass adoption!
PulseBitcoin again solves this by existing on a better network, the PulseChain Network, which allows complex smart contract execution through its EVM.
Since PulseBitcoin exists on PulseChain it offers EVERYONE native options for true trustless trading through DEXs!
Platforms such as: Uniswap, SushiSwap, PulseX, etc. are where transactions occur directly between smart contracts with zero counterparty.
- No middlemen required -
DEXs fulfill one of crypto’s core use cases:
"fostering financial transactions that aren’t officiated by banks, brokers, centralized exchanges or any other intermediary!"
Bitcoin does NOT offer native DEXs due to its technology limitations!
PulseBitcoin offers the decentralization dream Bitcoin can never fulfill!
As we can see, Bitcoin fails to offer peer-to-peer trustless trading, it also fails to offer useful, trustless stablecoins that allow users to trustlessly swap in to.
If there is one aspect that holds true about crypto, it's that it face's extreme price volatility, and while Bitcoin forces you to depend on a counterparty to offset risk into stables, PulseBitcoin offers many different types of stablecoin options, all while doing so trustlessly!
With PulseBitcoin, you can swap into any number of stable coins such as: DAI, USDC, USDT, BUSD, TUSD, USDP, GUSD, and so many more!
Within the native Bitcoin ecosystem there is NO way to earn trustless yield on your coins.
Compare this to PulseBitcoin and you have several options to earn yield on your coins, trustlessly!
Bitcoin, as well as many other cryptocurrencies, have suffered from the most harmful of all blockchain bugs: Inflation Bugs
Inflation bugs occur when anyone on the network can mint free coins at will, thus breaking the defined limits and parameters!
Bitcoin has experienced several of these types of software bugs over the past few years. Harmful exploits such as these will continue to occur due to the Bitcoin's unorganized and non-modular code.
PulseBitcoin is designed in a much smarter way!
The blockchain's consensus code is completely separated from the reward mechanism code.
It is a simple difference, but extremely important to reduce risk!
The PulseBitcoin smart contract code is isolated from the blockchain's consensus code while Bitcoin's is not.
With PulseBitcoin, this means any change made to the blockchain's network or consensus code does not cause any changes to the smart contract layer code.
Compare this to Bitcoin, where in 2018 an inflation bug was introduced through an optimization to the networking stack documented under CVE-2018-17144
Bitcoin has had zero code audits!
Code audits play a crucial role during software development and implementation. Code audits typically are used to identify bugs and unintended logic operation during the software’s execution!
The PulseBitcoin Smart Contract Code has been audited by industry leader Certik!
Bitcoin's only "viable" scaling method is through the Lightning Network (LN). The lightning network (which is not unique to just Bitcoin) is an overly complex, prone to failure Layer 2 payment protocol.
The LN has absolutely failed to gain any sort of adoption due to both its technical limitations as well as its legal reasons, not to mention the centralization problem it introduces.
Fun fact: More Bitcoin is "Wrapped" on Ethereum than currently exists on the Lightning Network!
Ethereum and EVM based networks solve network scalability through different Layer 1 solutions such as PulseChain as well as many different types of Layer 2 solutions such as Optimistic Rollups, Zero-Knowledge Rollups (zkRollups), and many others. Each of these scaling options offer different benefits and flexibility for scaling the network.
PulseBitcoin, by existing on these networks, allows it to scale alongside the entire EVM ecosystem. This is by far the best way to operate at scale, and why PulseBitcoin should be considered Bitcoin's version 2.0!
One of the most limiting aspects of Bitcoin is that it is siloed off from nearly every other cryptocurrency market. Meaning, easy, trustless swaps to acquire Bitcoin is NOT simple or even possible for the average internet user.
This naturally leads potential adoption (buy pressure) away from Bitcoin and onto other networks that offer more flexibility and scalability for onboarding new users.
An ever-growing number of new users get into cryptocurrency through "trusted" ERC-20 stablecoins, such as USDC, on both Ethereum, PulseChain, and other various EVM networks. Stablecoin cryptos appeal to a high number of new users, thus allowing a greater appeal to networks that offer these types of assets.
This allows Ethereum and PulseChain (and by extension PulseBitcoin) the ability to scale adoption dramatically by easily onboarding new users into stablecoins, which provides a direct and easy on-ramp into PulseBitcoin!
Bitcoin mining requires you to waste valuable physical resources through a process called "Proof-of-Work" (PoW). The reason PoW mining is even needed on the network is to "protect" it from being 51% attacked. PoW Mining today causes unnecessary pollution to our environment due to the sheer size and scale of the network.
Even if you do not really care about the environmental impact of PoW the fact remains that regular people do, including many lawmakers. Therefore, if you want to gain world adoption, you must eliminate the pollution argument entirely. We now have a cleaner, scalable, and proven alternative to protect blockchain networks through a process called "Proof-of-Stake" (PoS).
Both Ethereum and PulseChain are "Proof-of-Stake" networks making them the better, cleaner alternative to blockchain protection scalability. Since PulseBitcoin lives on these networks it inherits all benefits natively!
PulseBitcoin mining is completely separated from network block reward mining. PulseBitcoin mining only requires you to lock up ASIC Token(s) for 30-day intervals.
This mechanism requires Time, which honestly, is the MOST VALUABLE human resource we have, and the best part, it does not cause pollution!
To clarify, PulseBitcoin will live on a cleaner network AND reward people for mining their valuable time through a non-polluting reward process!
This is what is referred to as a "WIN-WIN"!
To summarize, PulseBitcoin is designed to replace Bitcoin completely by being better in every way that actually matters!