VISION

A DIFFERENT ECOSYSTEM

“In an age when there are thousands of different crytocurrencies from which to choose, why choose Pulsar?” Answering this question motivated the creation of this website and personal enthusiasm for the Pulsar ecosystem inspired an effort to raise public awareness and interest. Because cryptocurrencies serve as a medium of trade between individuals, wide-spread public adoption and participation is the cornerstone of ultimate success. To this end, I offer Pulsar for your consideration.

THE PULSAR ECOSYSTEM

BEGINS WITH UNIFYING THE PHILOSOPHY OF THE WALLET, POOLS, MINERS, AND TRADERS

Those of us who been mining and trading crytocurrencies for a while can testify to the fact that it takes time to learn all the dynamics and nuances that go into generating a profit. Calculating profit must also take into account: the price of exchange purchases–when to buy and when to sell, the cost of obtaining the hardware that does the mining, the cost of the electricity needed to operate and cool the hardware, and the cost of internet access. After these considerations, the mindset of “buying low” and “selling high” seems to characterize of the majority of individuals, businesses, and institutions who are into acquiring different cryptocurrencies. Others use the hold on for dear life (“HODL”) strategy, meaning that they acquire and store their acquisitions with the hope that the price increases over the longterm. In other words, some are in it for the long-term while others are in it for the short-term.

Regardless of your investment style, Pulsar offers benefits both to long-term holders and to short-term traders. The Proof of Stake (“PoS”) mechanism built into the PULSAR WALLET  rewards long-term holders as a function of their staked balance. The larger the balance an individual holds and stakes, the more PoS rewards they qualify to earn. Short-term traders, on the other hand, typically MINE the most profitable coin at the moment and immediately liquidate their coins to stable coins or to other crytocurrencies using an EXCHANGE. While Proof of Work (“PoW”) mining activity traditionally generates sell pressure at the exchange, thus decreasing the coin’s listed price, the Pulsar Ecosystem has implemented a pool-side method to generate buy-pressure from short-term traders.

GENERATING BUY-ORDERS FROM MINERS

POOL BEHAVIOR: INTERNAL EXCHANGE VS. EXTERNAL EXCHANGE

First-imagine a MINING pool that features various coins and algorithms; second-imagine integrating this pool with exchange APIs to automate the the process of liquidating other coins to a stablecoin in order to place API buy-orders for Pulsar using the resulting stablecoin; third-imagine that this mining pool distributes the result from completed exchange-listed Pulsar buy-orders as compensation for the miner’s Proof-of-Work (“PoW”).

MINERS may choose to accumulate Pulsar (“PLSR”) directly from either Curvehash (GPU) or MinotaurX (CPU) Proof-of-Work (“PoW”) mining. Pulsar Coins earned from direct hashing are either staked in a wallet or are sold on an exchange. Stakers using a WALLET will help secure the network and will be able to earn additional PoS rewards. Sellers, on the other hand, will help to fulfill future buy-orders made by the pool. Miners may also choose acquire Pulsar indirectly by hashing for different coins that the pool will automatically sell on an exchange. Once the sell-order of the other coin completes, the pool automatically places a buy-order for Pulsar. After the pool-listed buy-order finalizes, the miner is paid in Pulsar.

All miners have a place and serve a purpose in the greater Pulsar Economy that creates a personal benefit for themselves as well as a communal benefit for all participants.

There are some pools that would rather keep conversion an internal process; but as such, trade volume occurs inside the pool without public observation–reducing the chance that members of the public will create exchange buy orders. Why would they? From the public’s point of view in this case, trade volume on the coin appears stagnant, motionless, and less interesting. However, automating the process of the pool placing buy-orders on public exchanges creates more volume, escalates curiosity, and encourages excitement, inspiring both new miners and new coin stakers to enter into the Pulsar Community.

THE IMPORTANCE OF COMMUNITY IN PASSIVE INCOME

YOUR SUCCESS IS MY SUCCESS; MY SUCCESS IS YOUR SUCCESS.

Participating in the Pulsar Ecosystem is your choice. Whether you choose to buy Pulsar from an EXCHANGE to increase your chance for PoS rewards or you choose to use your desktop computer’s hardware to MINE Pulsar or other coins and receive payouts in Pulsar, the growth and strength of Pulsarcoin is a function of public awareness and adoption. This, however, can be said for any cryptocurrency.

But what makes Pulsar different is that we understand that Pulsar’s trading price influences and persuades public participation and interest and have therefore taken pool-side steps–the first of many–to contribute to the effort of supporting the coin. Short-term miners who choose to “dump” the coin will provide opportunity for others to acquire it; miners who pursue other coins will encourage Pulsar’s trade price and volume.

Barriers to entry are few: one simple computer MINING on one simple CPU processor is all it takes to begin earning shared mining rewards after creating an address using a WALLET. Early adoption is important because as more individuals catch on to the Pulsarcoin Ecosystem, hashing difficulty will increase. As hashing difficulty increases beyond the profitability scope of hardware, exchange purchases and staking become a more appealing option. Using a Pulsar shared-PoS wallet, such as the Pulsar Discord Wallet, ensures continued exposure to staking distribution rewards as a function of the balance held.