PULSE / THE ESSENTIALS

Private balances

A balance you can use without publishing it to everyone.

Pulse represents funds as private balance objects. The public ledger records commitments, while the information needed to interpret and spend each balance stays private.

Spend once. Prove it.

Using a balance consumes it and creates new outputs. A public fingerprint, called a nullifier, lets the contract reject a second attempt to spend the same balance.

Designed for an exchange

A Pulse balance can contain two assets and carry instructions for a batcher. This supports liquidity positions and combined actions within the application’s accounting model.

Understand the boundary

Private balances do not make every step invisible. Cardano-side bridge transactions remain public. The live documentation describes the protocol’s current privacy model.