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100 sats \ 0 replies \ @ZKZX OP 16 Jul \ parent \ on: If you are new to crypto looking invest in DeFi with Privacy read on! crypto
Quite decentralized, the community is very engage and DeFi maxis, most of the DeFI is hosted in the IPFS for security and censorship resistance.
The Liquidity Pools for the blue chips like PLS are well funded and battle tested for over a year.
A measure of decentralization is the number of nodes (in the case of an EVM POS you use the term VALIDATORS).
As of know pulsechain has over 48K active validators
https://m.stacker.news/39964
You can check the status of the validators live on the following link:
https://beacon.pulsechain.com/validators#active
Compare the number of validators with the number of nodes in chains like Bitcoin or Ethereum or Monero, you will find that is decentralized enough by comparison.
Important to know that this chain is and have been demonized by many haters in the crypto community, never a boring day. But if you ignore the childish behavior of most maxis from any chain, mute them (less non sense emotional noise) you will end up appreciating innovation in many chains and massive opportunities to build wealth.
Just remember to DYOR, there are many scammers in all chains, some of those scammers are the same ones that call everyone else scammer while selling you their bags and dumping on your head.
Good question, yes, there is a bridge, in fact, more than one into Pulsechain.
My suggestion is to buy a small quantity of $PLS with ChnageNow trading DAI from Ethereum for PLS, you will get $PLS in the wallet of your preference in Pulsechain. (Both networks are EVM, Pulsechain is a fork of Ethereum POS, thus, all is the same, just the gas fees are very low and the transactions faster. (the fees per transaction are below $0.01, which is quite refreshing considering Ethereum fees).
Now that you have between $20-$25 of $PLS in your wallet you are ready to receive funds via brige
For the bridge the best options are:
- https://tokensex.link/ - Bridge to and from Ethereum and Binance
- https://bridge.pulsechain.com/ - Bridge to and from Ethereum (IPFS)
If you use option 2, bear in mind it is IPFS, so preferrable use Brave Browser to open the link without issues, unless you are familiar with IPFS and you are running your own IPFS Node, in which case, you will have as well the browser extension and do not need Brave Browser.
There are other options but the two above are FREE of fees to bridge into Pulsechain and 0.3% fee to bridge out of Pulsechain into Ethereum or Binance.
Once you have the DAI in Pulsechain, to use the ZKZX Cash, you will need $PLS, currently the front end do not accept any other token.
To swap your bridged token (DAI, USDT, USDC, WETH, etc) into $PLS, use Piteas DEX, together with PulseX are the favorite ones from the community with a very good auto router giving you the best deal:
You have guides in https://zkinfo.pls.to on how to do so, go to the tab "Web App" and you will get a good amount of information and instructional videos. https://zkinfo.pls.to/protocol.html
Hope you find this information helpful
GENESIS