# Cryptospecting

> Independent community portal about PulseChain, HEX and PulseX: how the code works, trusted tokens, community services and Richard Heart.

Cryptospecting is an independent community portal. It explains PulseChain, HEX and PulseX from their source code and on-chain data, lists long-standing tokens that pass clear trust criteria, maps the community’s own services and creators, and follows Richard Heart with sourced, dated facts.

## Start here

- [Start here: your first steps on PulseChain](https://cryptospecting.com/start/): A beginner's path into PulseChain: choose a wallet, add the network, get your first PLS, use the bridge with care and avoid the most common scams.

## PulseChain

- [PulseChain](https://cryptospecting.com/pulsechain/): PulseChain explained from its code: an Ethereum fork with 10-second blocks, Proof of Stake, fee burning, an official bridge and system copies.
- [How PulseChain works: the fork, consensus and fees](https://cryptospecting.com/pulsechain/how-it-works/): How PulseChain copied Ethereum up to block 17,232,999, what its first own block changed, how its Proof of Stake differs and where fees go.
- [PulseChain validators: stake, keys and rewards](https://cryptospecting.com/pulsechain/validators/): What a PulseChain validator does, why it needs 32,000,000 PLS, how keys and the deposit work and where rewards and withdrawals come from.
- [PulseChain bridge: fees, trust model and admin keys](https://cryptospecting.com/pulsechain/bridge/): How the official PulseChain bridge works: lock and mint, 0.30 % fee to Ethereum, 0 % the other way, 5-of-8 validators and who holds the admin keys.
- [System copies vs bridged tokens on PulseChain](https://cryptospecting.com/pulsechain/system-copies/): Why pDAI, pUSDC and other fork copies differ from bridged e-tokens, why their prices are not the same and how to tell which one you hold.
- [PulseChain history: sacrifice, testnets and mainnet](https://cryptospecting.com/pulsechain/history/): PulseChain from the 2021 sacrifice through four testnets to the May 2023 mainnet and later client releases, dated from code, chain data and records.

## HEX

- [HEX: the staking token, read from the code](https://cryptospecting.com/hex/): How HEX works according to its verified source: time-deposit staking, launch rules, the Origin Address, HEX vs. HEX(eth) and the audits.
- [HEX staking: shares, bonuses, payouts and penalties](https://cryptospecting.com/hex/staking/): How a HEX stake works in the code: T-shares, the share rate, Longer and Bigger Pays Better, daily payout and early and late end penalties.
- [HEX launch: the Bitcoin free claim and the lobbies](https://cryptospecting.com/hex/launch/): How HEX was distributed in 2019–2020: the free claim for Bitcoin holders, Silly Whale and late-claim rules, the Adoption Amplifier lobbies and Big Pay Day.
- [The HEX Origin Address: what it gets and what it can't do](https://cryptospecting.com/hex/origin-address/): What the HEX Origin Address receives under the contract's fixed rules, what it cannot do, and why it is a disclosed allocation, not a hidden pre-mine.
- [HEX vs. HEX(eth): two assets, one address](https://cryptospecting.com/hex/hex-vs-hex-eth/): Why HEX exists on PulseChain and Ethereum at one address with identical code, why the two are separate assets, and what happened to stakes at the fork.
- [HEX audits: CoinFabrik and the unpublished ChainSecurity](https://cryptospecting.com/hex/audits/): Which HEX audits exist and what they found: two CoinFabrik reports from 2019, and a ChainSecurity audit that was announced but never published.

## PulseX

- [PulseX: the PulseChain exchange, read from the code](https://cryptospecting.com/pulsex/): How PulseX works according to its verified contracts: a Uniswap v2 fork with a 0.29 % fee, v1 and v2 pools, PLSX buy-and-burn and INC farms.
- [PulseX fees: where the 0.29 % goes in v1 and v2](https://cryptospecting.com/pulsex/fees/): Where the PulseX swap fee goes, checked in code and on-chain: v2 pays 0.22 % to LPs and 0.07 % to PLSX buy-and-burn; v1 sends all fee growth to the burn.
- [PLSX: the PulseX token, renounced and burned](https://cryptospecting.com/pulsex/plsx/): What the PLSX contract can and cannot do: owner-only mint, ownership renounced to the zero address, supply that can only fall through the fee buy-and-burn.
- [INC and PulseX farms: rewards, caps and owner powers](https://cryptospecting.com/pulsex/inc-farms/): How the INC token and PulseX farms work: INC is minted only as farm rewards, capped at 1 INC per second, and the farm owner cannot touch deposits.

## ProveX

- [ProveX: payment proofs, the sacrifice and PRVX](https://cryptospecting.com/provex/): What ProveX is, per its site, its code and Richard Heart's video: zero-knowledge payment proofs, the 2025 sacrifice, the PRVX token and its admin keys.
- [PRVX: the ProveX token, read from the code](https://cryptospecting.com/provex/prvx/): What the PRVX contract on PulseChain can and cannot do: fixed supply, no admin rights after launch, a two-day transfer rule at launch, and burns.
- [The ProveX sacrifice: window, rules and chain totals](https://cryptospecting.com/provex/sacrifice/): The ProveX sacrifice from 2025-11-12 to 2026-01-10: its terms, 26 accepted networks, why HEX and PLSX earned no points, and what the chain shows.

## Tokens

- [PulseChain tokens checked against our trust criteria](https://cryptospecting.com/tokens/): PulseChain tokens checked against six published trust criteria — contract powers, control, history, liquidity and risks, read on-chain.
- [Token trust criteria](https://cryptospecting.com/tokens/criteria/): The six tests a PulseChain token must pass to be listed: age, verified code, no hidden admin, $25k liquidity, active team, no rug. Plus bridged assets.
- [HEX (HEX)](https://cryptospecting.com/tokens/hex/): HEX is a staking token with no owner or admin functions. On PulseChain it is the fork copy of HEX(eth), at the same address.
- [PulseChain (PLS)](https://cryptospecting.com/tokens/pls/): PLS is PulseChain's native coin and pays for gas. It has no contract; the address shown is WPLS, the 1:1 wrapper used in DEX pools.
- [PulseX (PLSX)](https://cryptospecting.com/tokens/plsx/): PLSX is the PulseX token. Ownership is renounced, so no new PLSX can be minted; part of PulseX trading fees buys PLSX and burns it.
- [PulseX Incentive (INC)](https://cryptospecting.com/tokens/inc/): INC is the PulseX farm reward token. Only the farm contract can mint it, within a hard cap of 1 INC per second written into the code.
- [Hedron (HDRN)](https://cryptospecting.com/tokens/hdrn/): HDRN (Hedron) is minted against HEX stakes and lent against stakes wrapped as NFTs. No owner. Misses criteria C4 (liquidity) and C5 (active team).
- [Icosa (ICSA)](https://cryptospecting.com/tokens/icsa/): ICSA (Icosa) pays stakers of HDRN and ICSA and buys HEX stakes wrapped by Hedron. No owner. Misses criteria C4 (liquidity) and C5 (active team).
- [Maximus (MAXI)](https://cryptospecting.com/tokens/maxi/): MAXI pools HEX into one 5,555-day stake started in 2022. No owner or admin functions. Misses criteria C4 (liquidity) and C5 (active team).
- [Maximus Base (BASE)](https://cryptospecting.com/tokens/base/): BASE is the 1-year Maximus Perpetual pool: HEX staked 369 days at a time, redeemable after each stake. Misses C4 (liquidity) and C5 (active team).
- [Maximus Decimus (DECI)](https://cryptospecting.com/tokens/deci/): DECI is the 10-year Maximus Perpetual pool: HEX staked 3,696 days at a time, redeemable after each stake. Misses C4 (liquidity) and C5 (active team).
- [Maximus Lucky (LUCKY)](https://cryptospecting.com/tokens/lucky/): LUCKY is the 7-year Maximus Perpetual pool: HEX staked 2,555 days at a time, redeemable after each stake. Misses C4 (liquidity) and C5 (active team).
- [Maximus Team (TEAM)](https://cryptospecting.com/tokens/team/): TEAM is the Maximus member token, minted 1:1 from MAXI in 2022 and staked for yearly rewards. Misses criteria C4 (liquidity) and C5 (active team).
- [Maximus Trio (TRIO)](https://cryptospecting.com/tokens/trio/): TRIO is the 3-year Maximus Perpetual pool: HEX staked 1,111 days at a time, redeemable after each stake. Misses C4 (liquidity) and C5 (active team).
- [Dai Stablecoin from Ethereum (eDAI)](https://cryptospecting.com/tokens/edai/): eDAI is DAI bridged from Ethereum by the official bridge. It can be bridged back for a 0.30 % fee and depends on the bridge's security.
- [Tether USD from Ethereum (eUSDT)](https://cryptospecting.com/tokens/eusdt/): eUSDT is USDT bridged from Ethereum by the official bridge. It can be bridged back for a 0.30 % fee and depends on the bridge's security.
- [USD Coin from Ethereum (eUSDC)](https://cryptospecting.com/tokens/eusdc/): eUSDC is USDC bridged from Ethereum by the official bridge. It can be bridged back for a 0.30 % fee and depends on the bridge's security.
- [Wrapped BTC from Ethereum (eWBTC)](https://cryptospecting.com/tokens/ewbtc/): eWBTC is wrapped bitcoin bridged from Ethereum by the official bridge. Its source is not verified on the explorer.
- [Wrapped Ether from Ethereum (eWETH)](https://cryptospecting.com/tokens/eweth/): eWETH is wrapped ETH bridged from Ethereum by the official bridge. It can be bridged back for a 0.30 % fee and depends on the bridge's security.

## Richard Heart

- [Richard Heart: founder of HEX, PulseChain and PulseX](https://cryptospecting.com/richard-heart/): Who Richard Heart (Richard J. Schueler) is: founder of HEX, PulseChain and PulseX, self-custody and anti-scam voice, and where his legal cases stand.
- [Richard Heart on scams, custodians and self-custody](https://cryptospecting.com/richard-heart/anti-scam/): What Richard Heart has said about scams, custodial lenders and self-custody — paraphrased, dated and linked to his own words at the right timestamp.
- [Richard Heart, SENS and the PulseChain sacrifice](https://cryptospecting.com/richard-heart/philanthropy/): How the 2021 PulseChain sacrifice sent funds to SENS Research Foundation, the reported totals, what SENS has not confirmed, and the free SciVive books.
- [Richard Heart legal timeline: SEC, Finland, Turkey](https://cryptospecting.com/richard-heart/legal/): Every step in Richard Heart's legal matters — SEC, Finland, Turkey and the ProveX claims — with accusation, counter-argument, status, source and date.
- [How the community sees Richard Heart's cases](https://cryptospecting.com/richard-heart/community/): The PulseChain and HEX community on Richard Heart's cases: detained, not arrested; contracts that keep running; one editorial frame, labelled as such.

## Myths vs. Facts

- [Myths vs. Facts: HEX, PulseChain and PulseX claims](https://cryptospecting.com/myths/): Twelve common claims about HEX, PulseChain and PulseX, each stated fairly and checked line by line against the verified code and on-chain data.
- [Is HEX a Ponzi scheme? What the contract shows](https://cryptospecting.com/myths/hex-ponzi/): The claim that HEX pays old holders with new holders' money, checked against the verified contract: where the yield comes from and what criticism is fair.
- [Does HEX have an admin key? No owner, no backdoor](https://cryptospecting.com/myths/hex-admin-key/): The claim that someone can mint, freeze or change the rules of HEX, checked against the verified contract: no owner, no pause, no upgrade, constant rules.
- [Is the HEX Origin Address a hidden pre-mine?](https://cryptospecting.com/myths/origin-address-premine/): The claim that the HEX Origin Address is a hidden pre-mine or a founder's printing press, checked against the four fixed rules in the verified contract.
- [Was the HEX lobby ETH taken by the founder?](https://cryptospecting.com/myths/lobby-eth-taken/): The claim that ETH sent to the HEX launch lobbies was simply taken, checked against the lobby code and the actual status of the SEC case.
- [Is PulseChain just a copy of Ethereum with nothing new?](https://cryptospecting.com/myths/pulsechain-just-a-copy/): The claim that PulseChain is a scam fork with nothing new, checked against its open-source clients: what was copied on purpose and what is its own.
- [Does PulseChain have a hidden pre-mine or founder treasury?](https://cryptospecting.com/myths/pulsechain-hidden-premine/): The claim that PulseChain hides a pre-mine or treasury for its founder, checked against what the client actually adds to the state at the fork block.
- [Can the PulseX team mint PLSX at will?](https://cryptospecting.com/myths/plsx-mint/): The claim that the team can mint unlimited PLSX, checked against the token contract and its on-chain owner: the mint exists, but ownership is renounced.
- [Does PulseX take hidden fees? Is the PLSX burn fake?](https://cryptospecting.com/myths/pulsex-hidden-fees/): The claim that PulseX charges hidden fees and only pretends to burn PLSX, checked against the pair code, the burn contract and on-chain readings.
- [Are the INC farms a rug? Can the owner take deposits?](https://cryptospecting.com/myths/inc-farms-rug/): The claim that the PulseX farm owner can steal staked LP tokens, checked against the MasterChef: no migrator, withdrawals always open, capped emissions.
- [Is the PulseChain bridge a centralised honeypot?](https://cryptospecting.com/myths/bridge-honeypot/): The claim that the PulseChain bridge is a centralised honeypot, checked against its contracts: 5-of-8 validators and several single-key admin roles.
- [Are pUSDC, pUSDT and pWETH worth the same as on Ethereum?](https://cryptospecting.com/myths/system-copies-same-value/): Why copied tokens on PulseChain such as pUSDC are not backed by or redeemable for their Ethereum originals, and how bridged eTokens differ.
- [Do 10-second blocks make PulseChain centralised?](https://cryptospecting.com/myths/pulsechain-centralised/): The claim that 10-second blocks and a 32 million PLS validator stake make PulseChain centralised, checked against the consensus code and measurement.

## Community

- [PulseChain community directory](https://cryptospecting.com/community/): Official links, community services, creators and events around PulseChain, HEX and PulseX — each checked live, with dates and source tiers.
- [Official PulseChain, HEX and PulseX links](https://cryptospecting.com/community/official-links/): The real domains, apps, IPFS mirrors and social accounts of PulseChain, HEX, PulseX and Richard Heart — an anti-phishing list, checked 2026-10-17.
- [Where to use PulseChain, HEX and PulseX tokens](https://cryptospecting.com/community/interfaces/): Every checked app, mirror and explorer that calls the contracts of the listed tokens — official first, with risks, and the listed domains to avoid.
- [PulseChain community services and tools](https://cryptospecting.com/community/services/): Third-party explorers, dashboards, staking tools, DEXes, wallets, bridges and security tools for PulseChain and HEX, sorted by category and checked live.
- [PulseChain and HEX creators: YouTube, X, podcasts](https://cryptospecting.com/community/creators/): Official accounts and long-running community creators covering PulseChain, HEX and PulseX — with start dates, audience size and focus: tech, news or price.
- [HEX and PulseChain conferences and events](https://cryptospecting.com/community/events/): HexConference, PulseCon and other community events with verified dates and places — the online editions and the 2022 Las Vegas meetups.

## News: PulseChain, HEX and PulseX

- [News: PulseChain, HEX and PulseX](https://cryptospecting.com/news/): Summaries of videos by long-standing community creators, checked against code and chain data, plus dated updates such as Richard Heart's legal cases.
- [Cash App to PLSX in minutes: Crypto Coffee's on-ramp test](https://cryptospecting.com/news/2026-10-17-cash-app-to-plsx-onramp/): Crypto Coffee sends USDC out of Cash App and swaps it into PLSX through Liberty Swap. What the video shows, what we checked and what is the creator's view.
- [Crypto Coffee on Heart's detention: the claims checked](https://cryptospecting.com/news/2026-10-17-crypto-coffee-heart-detention-claims/): Crypto Coffee says headlines about Richard Heart's detention in Istanbul are inflated. What the stream gets right, what it gets wrong and what is unknown.
- [Crypto Coffee's second take on Heart's detention, checked](https://cryptospecting.com/news/2026-10-19-crypto-coffee-something-doesnt-add-up/): Crypto Coffee asks what doesn't add up in Richard Heart's Istanbul detention. What the record and the chain confirm, what is wrong and what is speculation.
- [Did HEX go deflationary? HexStakePlay's claim checked](https://cryptospecting.com/news/2026-10-17-hex-deflationary-claim-checked/): HexStakePlay says liquid HEX started shrinking in 2026. The HEX contract on PulseChain shows a real drop in March 2026, then a steady rise from April.
- [Discourse Syndicate on the week of Heart's detention](https://cryptospecting.com/news/2026-10-17-discourse-syndicate-after-the-detention/): Captain RG3, AWildSJ and Johnny on Richard Heart's detention, HEX staking, the dip and the tablet campaign, with the payout figure checked on-chain.
- [PulseChain tablets: volunteers report 600,000 handed out](https://cryptospecting.com/news/2026-10-17-pulsechain-tablets-campaign/): Discourse Syndicate's AMA on the PulseChain tablet campaign: about 600,000 given away, 800,000 left, hubs in the US and Europe, and what the slogans say.
- [Richard Heart detention in Istanbul confirmed by Turkey](https://cryptospecting.com/news/2026-10-17-heart-detention-in-istanbul-confirmed/): On 17 Oct 2026 Turkey's Justice Minister confirmed Richard Heart's detention in Istanbul on 14 Oct on a Finnish Red Notice. No court decision is public.
- [Run your own PulseChain node: David Feder's walkthrough](https://cryptospecting.com/news/2026-10-17-run-your-own-pulsechain-node/): David Feder shows what a PulseChain node needs: hardware, Ubuntu and two clients. Our notes on official clients, disk size and the paid offers.
- [Why Richard Heart calls HEX code safer than Bitcoin](https://cryptospecting.com/news/2026-10-17-richard-heart-hex-code-security/): Ben Tyson compiles Richard Heart clips on HEX security: verified code, no admin keys, audits. What the code confirms and what is still unproven.

## Learn

- [Learn](https://cryptospecting.com/learn/): Learn PulseChain, HEX and PulseX from the sources: glossary, FAQ, timeline, how to verify numbers on-chain and where the official code lives.
- [Verify it yourself: reading PulseChain on-chain](https://cryptospecting.com/learn/verify-on-chain/): Check PulseChain facts yourself: RPC calls, the fork block, contract owners and supply, burned fees, bytecode hashes, bridge settings and validators.
- [Official source code and verified contracts](https://cryptospecting.com/learn/source-code/): Where the official PulseChain, HEX and PulseX code lives: GitLab repositories with commit hashes, verified contract sources and published audits.
- [How an AMM works: a PulseX pool, animated](https://cryptospecting.com/learn/how-an-amm-works/): Watch a PulseX pool at work: why the price is a ratio, where the 0.29 % fee goes, why big trades get worse prices and how arbitrage pulls the price back.
- [How the bridge works: Ethereum ⇄ PulseChain, animated](https://cryptospecting.com/learn/how-the-bridge-works/): Watch the PulseChain bridge move USDC: lock on Ethereum, 65 blocks, 5 of 8 validator signatures, mint on PulseChain — and back with burn and claim.

## Security

- [PulseChain scams and how to avoid them](https://cryptospecting.com/security/): The scams that target PulseChain and HEX users — fake sites, claim pages, Richard Heart impersonators, fake defence funds, drainers — and how to stay safe.

## Reference

- [PulseChain, HEX and PulseX FAQ](https://cryptospecting.com/faq/): Short, sourced answers to the questions newcomers ask most about PulseChain, HEX, PulseX, the bridge, tokens, safety and Richard Heart.
- [PulseChain, HEX and PulseX glossary](https://cryptospecting.com/glossary/): Plain-English definitions of PulseChain, HEX and PulseX terms — T-shares, Big Pay Day, sacrifice, system copies, validators, bridged tokens and more.
- [Timeline: HEX, PulseChain and PulseX](https://cryptospecting.com/timeline/): Dated milestones of HEX, PulseChain and PulseX from the 2019 HEX launch to the latest client release, each with its source and tier.
- [PulseChain snapshot](https://cryptospecting.com/stats/): Latest PulseChain block, read from the official RPC at build time, and a convenience price feed for PLS, PLSX and HEX from DexScreener.

## About

- [About Cryptospecting](https://cryptospecting.com/about/): What Cryptospecting is, what it covers and what it is not: an independent community portal about PulseChain, HEX and PulseX.
- [Sources & methodology](https://cryptospecting.com/methodology/): How Cryptospecting checks facts: four source tiers, attributed claims, verification dates and how corrections are made.
- [Disclaimer](https://cryptospecting.com/disclaimer/): Cryptospecting is informational and community-oriented. It is not financial advice and not affiliated with PulseChain, HEX, PulseX or Richard Heart.
- [Privacy](https://cryptospecting.com/privacy/): Who is responsible for this site, what the web server logs, which third parties your browser contacts, and your rights under the GDPR.