PulseChain is a blockchain network that is a full-state fork of the Ethereum blockchain. It aims to improve Ethereum's scalability by reducing gas costs and minimizing congestion. PulseChain was created by Richard Heart and launched on May 13, 2023.

Is PulseChain inflationary or deflationary?

PulseChain operates on an inflationary model where new PLS tokens are created to reward validators. However, due to EIP1559 implementation, PLS used as base transaction fees is permanently burned. With high transaction volume, the PLS burned can surpass the amount issued, making it net deflationary.

What does the PulseChain Supply section display?

The Supply section visualizes the total supply of the native PulseChain token PLS as well as the issued and burned PLS tokens for a given time period. The Supply growth gauge indicates if PLS tokens are inflationary or deflationary.

What does the Gas Explorer section display?

The Gas Explorer visualizes the gas prices for different types of transactions over time. You can view the gas costs for sending PRC20, sending PLS, and executing PulseX Swaps, along with insights into base fees and the overall gas market.