lot of hype behind $PRL (@prlnet) rn, an AI inference provider with its own blockchain - "proof of useful work". Price at $1.5 (3B FDV)
coin has been bridged to ETH and people already making derivatives/reflection memecoins off it
kinda a spin off BTC tokenomics, with miners earning $PRL by doing matrix multiplication
now their big claim is that this matrix multiplication is useful. And it apparently potentially is, but only if someone is requesting and paying for that inference, and no one is 😂 (source: https://t.co/xoxHQRaayg)
reminds me of TAO. in theory kinda cool, has potential, but in reality mostly smoke and mirrors. but this coin seems to have attracted a big cult following
@Credib1eGuy It's a less aggressive curve than early btc or zec. Not much has to change miner wise for emissions to reach demand equilibrium earlier than expected. Remember -- markets are priced on rate of change (2nd derivative), and emissions are decelerating after every block.