PulseChain (PLS) vs Ethereum (ETH)

in LeoFinance24 days ago

This section is a part of PulseChain Guide. In this section we are going to compare two blockchains - PulseChain (PLS) vs Ethereum (ETH).


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Introduction


This guide is meant to show you unbiased feature set comparison of blockchains in discussion. Below table shows you the comparison points between the two blockchains.

PulseChain (PLS) Ethereum (ETH)
PulseChain has gone through Airdrop and sacrifice launch level phase and it'll launch it's working mainnet soon. Ethereum released it's whitepaper in 2013 and it'd be going live with mainnet in 2015.
PulseChain has total 800,000,000,000 coins and circulation is yet to take effect as mainnet is not yet released as of writing this post. Ethereum has 117,046,619 coins in circulation and $365,186,415,050 coins in supply.
PulseChain has been designed with Proof of Stake as it's consensus algorithm. Ethereum has both Proof of Work and Proof of Stake and it has plans to completely shift into the Proof of Stake model in near future.
PulseChain being the fork of the Ethereum has the similar model for the development along with the option to be a cross chain bridge. Ethereum has EVM which allows you to create smart contracts, DeFi and other infrastructure like layer-2 solutions on the blockchain.
PulseChain can make use of the Solidity on it's blockchain and it can also make use of the external languages for the plugins and extension. Ethereum makes use of the Solidity as it's primary language for the development.
PulseChain has cheaper transaction cost for per block verified through validators. Ethereum has expensive transaction cost as of now due to the mining model.
PulseChain being Ethreum fork can create solutions which run on and off Ethereum. Ethereum supports layer 2 solutions through which tokens, NFTs and cross chains can be created.
PulseChain being the Ethereum fork it can also be used in cross chain and parallel chains. Ethereum can extend the blockchains with cross chain and parallel chains through layer-2 solution.
PulseChain has 3 second block time with ability to serve more transactions. Ethereum has transaction per second rate of around 15 to 30 TPS.
PulseChain has PLS as it's token designed for staking and validators rewards. Ethereum makes use of the ETH token where it has it's mining and POS rewards.
PulseChain has no inflation in it's ecosystem and validators get the network fee reward of around 25%. Ethereum goes through annual inflation rate of about 1.11% each year.

If you want to check out alternative blockchains to Pulsechain, you may want to check out Avalanche vs Ethereum and Polkadot vs Ethereum.


PulseChain or Ethereum - Which one to choose?


Pulsechain is new and it has yet to demonstrate it's solutions towards the Ethereum chain. As of now most of the features of the Pulsechain are untested and they are yet to meet the real world demand.

Ethereum on the other hand has slowly moving from proof of work to proof of stake and it'd be able to clear most of it's network fee and scalable issues in near future. Choice of which one to go for is pretty clear for now but wont' be the same once Pulsechain gets it's mainnet.

Posted Using LeoFinance Beta