NANINUANINU

𝐧𝐨𝐭 𝐥𝐮𝐜𝐤𝐲 𝐛𝐮𝐭 𝐛𝐥𝐞𝐬𝐬𝐞𝐝

[Pearl Research @prlnet]

A common critique on Proof-of-Useful-Work is that the zero marginal cost of mining drives the network’s security budget and price to zero.
A paper just released by Rafael Pass, a renowned cryptographer at @Cornell /@TechnionLive and research scientist at Pearl Research Labs proves why this argument is flawed.
By analyzing the equilibrium dynamics of PoUW, it shows not only that Pearl’s security budget (and hence price) are at least as high as Bitcoin, but in fact that Pearl will increase the SIZE of the global AI inference market, via Jevons Paradox.
https://t.co/hxRGlC3AI2
@initc3org

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just relax.

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@unipixnft 0x121909ec58d6723f52882bE5FAfAf8481f39dD30

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@unipixnft 0x121909ec58d6723f52882bE5FAfAf8481f39dD30

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@oxshi_exp @finlow6969 @mbgnetworkfnf

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@Faaa13_ @penni_crypto @normiesART @Azuki @mbgnetworkfnf

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@mbgnetworkfnf

[Voltix @Voltlx]

Bring me back to these days I beg 🙏

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@mbgnetworkfnf @dropurmask

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Back after refueling, time to start again.

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@mbgnetworkfnf

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@mbgnetworkfnf

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Ingatkah Anda kapan bergabung dengan X? Ya, saya ingat! #MyXAnniversary

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@PurpleMonad 0xe5a6e3ac692b339d25c58b9de787ca4a4047ace6

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@_D2BE diem kamu wao

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Alhamdulillah Gmonad 💜

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Gmonad 🟣

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@spotsdotfun need more more more bonus 🤝

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😁