Will the coming Ethereum fork Pulse Chain outperform Hex by 2024?

There is a lot of hype in crypto currently regarding the coming fork of Ethereum dubbed the pulse chain from the team that brought us Hex, lead by the controversial crypto philanthropist~ Richard Heart. Hex is a smart contract certificate of deposit based on Ethereum which has had a magnanimous rise of 10,000x from its birth in 2019. To learn the basics, and deep details of hex and the upcoming fork of the entire system state of Ethereum; Pulse Chain, Visit Hex.com and Pulsechain.com

The creator of Hex, Richard, has hired a team of advanced developers who are completing a hard fork the Ethereum network's entire system state. At the time of the fork, any erc20 holders (including NFTs) will receive a copy of their erc20 (and NFTs!) on the Pulse chain. Holders of Ethereum will receive Pulse coins at a 1:1 ratio. This includes Hex, arguably the best coin to hold at the snapshot timing. 

This past summer beginning in July, investors had an opportunity to sacrifice coins to earn points in the new pulse chain. These points will determine the distribution of the total supply of Pulse coins at the fork. The supply will be 10,000x the Eth supply. This "sacrifice" is technically still open and investors are currently buying points at 100x the original sacrifice price. Will Pulse catch up with Hex and do a 10,000x in the first two years?  

First off, how did Hex do a 10,000x in its first two years?

For one, has Hex ever been hacked? The answer is no. With the most recent hack of the Cream network, and the Compound network have rocked investors to a total tune of over $100 million. Witnessing  massive hacks in the crypto space is a real concern, and can be devastating if you fall victim. Thus far, the extensive work the Hex team has endured to ensure the security of Hex is paying off. Watch this video to learn how to secure your assets from hacks. 

Is Hex a pump and dump? The answer is no. It has had corrections of up to 90%, however this is natural within the crypto currency space. 

Is Hex a ponzi scheme? This answer in my opinion is no, however there are many who believe it is due to a variety of interpretations of what the definition of a ponzi scheme. Due to the fact that essentially all who stake mint their own coins at the end of the stake, they are not purchasing them from others. Purchasing the asset in question from another person is essential to describe such an investment as a ponzi scheme, therefore in my opinion Hex is not one. 

At this juncture, Hex is proving to be a highly unique smart contract, successfully achieving the feat of bringing the typical banking certificate of deposit model to the blockchain. Developers and investors have been flocking into this community to catch up on the hype. Many are building cool front ends such as the Staker app. Here's a news article to continue your hex education. The most detailed information regarding hex can be found at Hex.com and Hexnoobs.com.

Hex has thrived since its inception despite negative publicity causing head winds. The community, self-proclaimed as "hexicans" is growing stronger by the day, with tag lines like 'stake and chill', 'stake it till you make it', and 'trade your shit coins and bitcoins for hex', becoming prevalent tag lines amongst these eager crypto enthusiasts. While some may laugh at meme coins, or Richard Heart's style and "attract the expensive stuff crowd" tactics, coins such as Doge, Shiba Inu, and Hex are trending often regardless of the buyer having depth of knowledge of the use case.

I don't mean to compare Hex to Shiba or Doge as Hex has a more sophisticated way of becoming scare with time. For the record, if you check Nomics.com or Yahoo Finance  you will find that Hex dominates Shiba Inu and Doge on Nomics, and is in lock step with them on Yahoo Finance. Meanwhile Coinmarketcap.com has them listed at #201 on page 3, and it hasn't moved from there in months despite the epic price rise! Fishy Binancers (owners)...

Being direct witness to multiple friends converting and diverting their coins and livelihoods to the hex lifestyle, I have picked up a few first hand golden nuggets. 

1. There is a reason for such narrow-minded foolishness. It tends to pay off. Many investors who have focused their attention and assets toward hex have paid off. The same can be said for many assets, if you pile in to something you firmly believe in, and wait long enough, riches may be bestowed upon you.  On average since inception, Hex has doubled in price every 45 days. That is truly remarkable given the enormity of options within the crypto/alt-coin space. From a basic understanding, the smart contract burns the coins you stake, reducing overall liquidity in the market. The stake you then hold is represented by T-shares which represent your stake in the pool of inflationary funny money that's printed from the smart contract. The bigger and longer your stakes, the more T-shares you get. You can then calculate the amount of T-shares by the price of T-shares to approximate how many hex coins you will receive at the culmination of your stake/stakes.

Quick guide to Stake Hex;

A. Obtain Ethereum. (Or another ERC20 asset, you will need ETH for transaction fees.)

B. Send it to Metamask wallet.

C. Swap for Hex.

D. To stake, visit go.hex.com

E. You can also send ETH or USDC to your own smart wallet on the Staker App. The staker app allows you to swap for hex and stake hex via mobile phone. 

Hex is set at 3% inflation per year, all paid to holders of T-shares. Fortunately, as Hex is a smart contract running on Ethereum, the coin does not have its own proof of work miners, therefore no additional carbon emissions created in mining this coin. The smart contract does all the mining.

2. The community. You can learn a lot from plugging into crypto communities, and quite frankly, some are a lot better than others. Due to the transparent nature of Ethereum, the blockchain reveals the vast quantity of hex being purchased and staked on the hex chain. There are currently over 69K wallets staking hex, which is arguably small for how high the price has appreciated. Imagine if 2 million people stake hex. Will the price do another 15x? Hex.vision can help you discover the action on the hex chain. There are many great new youtube channels taking a stab at helping the world understand hex and pulse. Here are a few I enjoy; Whales Only, My Life is Awesome, Crypto Heartbeat and August University. 

3. Richard Heart. Well this is where we transition to Pulse, as both Hex and Pulse have been created by the infamous Richard Heart. I highly suggest listening to Richard Heart's youtube and following him on Instagram @richardheartofficial and twitter @richardHeartWin. Within the Hex community, Richard is highly regarded and often dubbed as one of the greatest geniuses to rock the crypto space. The faith in this main is hard to deny as his bitcoin price predictions seem to be as spot on as his grandiose Hex predictions from the start of the Hex contract.

4. Supply and demand. There is a big demand to acquire hex coins as it is the only tool to purchase T-shares. Due to the nature of T-shares only increasing in price (based in Hex), this is part of what has driven the price to record highs after record highs. Because the staking system requires Hex coins to acquire T-shares, they are quickly mopped up as soon as they hit the market. There is also an growing demand for the Hex coins for the hype around receiving the air drop pHex token when the Pulse fork is complete. There is much anticipation of the value of pHex reaching parity or outperforming the Hex price within 2 years. 

The massive fanfare around the founder of a coin is rare to see. People love Roger Ver, who lead up the Bitcoin Cash fork and has given ungodly effort to the expansion of the bitcoin network. It's exciting to see someone stay in a mostly positive light amongst such a vast worldwide audience. We truly haven't seen anything like the energy rallying around Richard Heart. For those seeking a deep dive into crypto talk, watch this interview with Richard and Roger.

I perceive Richard as akin to Robinhood. He genuinely cares about people not getting wrecked by trading or being an addict. His videos can absolutely help anyone going through anything in their life. This guy takes a lot of arrows and he shows you how to take them and keep charging the battlefield, whichever battlefield you may enter. His self help found at Scivive.net is a free ebook that he proudly endorses. Recently, Richard has recently achieved something truly honorable by raising $27 million for the Sens Foundation during the initial Pulse chain "sacrifice," where he allowed investors to get 75% of the points they would have received directly sacrificing to the pulse chain and also receiving a tax right off, with the fiat funds going directly to the Sens Foundation.

So what about Pulse Chain? Can the Pulse Chain Ethereum fork outperform one of the greatest crypto currencies to surface the worldwide web?

1. Huge demand and Limited supply. There is no inflation worked into Pulse. The supply is set in stone from day 1 of the fork. The chain is also fee burning as 25% of fees will be burnt during transactions, causing constant price pressure as this proof of stake network can handle more transactions than Ethereum. Being that the majority  of the supply will be distributed to sacrificers, who are mostly Hexicans, we may see very rapid price moves right out the gate. Ethereum holders will be given only one coin per Eth coin they hold so there will likely be a trickle of those coins making it to the exchanges. Will they be rapidly bought up? Time will tell.

2. Massive demand. First off, the Hex community being diehard Richard Heart fans is a huge plus for Pulse. The telegram community for Pulse Chain has already grown to be larger than that of Hex. Due to the nature of the fork, everyone who gets airdropped a copy of their Erc20 tokens on the Pulse Chain must buy Pulse if they didn't receive it from the sacrifice set or airdropped to them for holding Ethereum. They need the Pulse coin to be able to transact their free coins on the new Pulse network. For example, anyone holding Shiba Inu, Doge, Chainlink, VeChain, will need to scramble to get Pulse Chain coins to be able to sell their free airdropped coins. Many Hexicans have already verbally committed to selling whatever free coins they get so they can buy Pulse, Hex, Or pHex.

3. A faster fee burning Ethereum will attract developers who's projects have been priced out of Ethereum due to the exorbitant gas fees. People love coins like Cardano, as it carries the hype of being able to compete with Ethereum for the Dapp developers will have access to the low fee environment associated with Cardano. Yet, we are still waiting on the ability for Cardano to allow for dapps to be built on it. As Pulse is a fork of ethereum, it will be relatively easy for ethereum devs to migrate over to the Pulse chain.

4. Massive initial investment. The first month of the sacrifice for Pulse chain attracted more than $670 million. View stats from Pulse Sacrifice. The nature of this event was such that people who invested really had to have solid faith and trust in Richard Heart and his team to accomplish this sort of fork of Ethereum, which has never been done. 

In conclusion, my vote is yes, the Pulse Chain will outperform Hex in two years. Yes, I know for you math geeks out there this sounds nutty, the market cap of Pulse Chain would be more than $6.7 trillion if it were to fully 10,000x. Have we not seen wild things like this in crypto? This would be wild beyond any jungle in the world. Having seen the entire crypto market 10x in two years to $2.6 trillion, I have not a shadow of a doubt that the Pulse chain can single-handedly 4x this value when added to the standing crypto space. 

DISCLAIMER; This is not financial or investment advise and should not be treated for ENTERTAINMENT PURPOSES ONLY***