by Rebecca Addison & The Atlantean
Richard Heart made history in August when his latest cryptocurrency project PulseChain donated $27 million to the SENS Research Foundation. The donation is the largest in cryptocurrency history.
“It gives me great pleasure knowing that we were able to support an organization committed to extending human life,” Heart said in a press release. “We hope our cryptocurrency donation will spur other digital coins to step up their support for life-changing research.”
SRF is dedicated to developing, promoting, and ensuring widespread access to therapies that cure and prevent the diseases and disabilities of aging. Heart first began working with the foundation in 2006.
"SRF has been performing and funding vital research in the longevity space for over a decade now, operating on minimal funds and putting every last available dollar behind our researchers," SRF acting executive director Lisa Fabiny Kiser said in a press release. "This amount of funding from so many supporters is transformational for our organization. We finally have the means to fund every project we think is worthwhile in the rejuvenation space. We send our immense thanks and gratitude to Richard Heart and his PulseChain Followers. It is truly a new dawn for rejuvenation research."
Heart is the founder behind HEX, a controversial cryptocurrency that has seen it’s price skyrocket in recent months. Let's take a look at his latest project.
PulseChain is a new blockchain-based cryptocurrency ecosystem. The platform is a hard fork of the Ethereum that promises to be more energy efficient, faster, and cheaper than Ethereum. It is also designed to increase Ethereum’s value by rewarding ETH holders and founders of Ethereum based projects.
Ethereum is currently one of the most popular platforms for building blockchain applications, but many have expressed frustration with the platform’s high costs and network congestion.
Pulsechain seeks to address these issues. The blockchain purports to have transaction speeds of 3 seconds, a substantial decrease from 13 seconds on the standard Ethereum blockchain.
The PulseChain crypto asset, Pulse, will be deflationary in nature thanks to a token burn mechanism.
PulseChain kicked off with a 30-day sacrifice period during which time investors had donated crypto assets in exchange for inclusion in the Pulsechain airdrop where they will get the chance to win Pulse cryptocurrency once it launches. These donations added up to the $27 million donated to the SENS Research Foundation.
During PulseChain’s airdop, the platform will be giving away tens of thousands of tokens for free. But that’s not the only way to get your hands on some. Monarch Wallet will soon be the first decentralized digital asset wallet to support PulseChain. Monarch will also support PulseChain through its decentralized recurring payment solution, MonarchPay.
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