PulseChain wallet

What is PulseChain (PLS)?

PLS is the native coin of PulseChain, a full fork of Ethereum that runs as its own network with validators instead of miners, blocks a few seconds apart, and a fee model copied from Ethereum in which the base portion of every fee is burned rather than paid out. Holding PLS is holding the gas of that chain: it pays for every transaction on PulseChain, and tokens living there, PLSX among them, all depend on you having some.

The fork is where most confusion starts. PulseChain launched with a copy of Ethereum's state, so a large number of contracts and balances exist at the very same addresses on both chains, and addresses themselves are formatted identically. A copied token on PulseChain shares its name and often its symbol with the Ethereum original while being a completely separate asset. PLS is also not PLSX, the token of the PulseX exchange built on the chain; the two are routinely mixed up because they appear together everywhere.

Supported networks in Tangem (1): Pulsechain. Tangem holds a separate balance for every network it supports and states which one a transaction is going out on before you tap the card to sign, so the check happens while you can still stop. On a chain that shares Ethereum's address format down to the character, having that step in front of you is a good argument for keeping PLS here.