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The premier block explorer for the Useful Proof of Work revolution 1 PRL = 1 Btc

Pearl
Joined June 2026
Photo by PRLScan (@PRLScan)Photo by PRLScan (@PRLScan)
PrlScan API v2 is live v1 is deprecated and will be terminated *end of week* prlscan.com/api/docs.html
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Pearl on the frontpage of @coingecko Just the start
Why I think Pearl will be *the* decentralized money of the 21st century 👀
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PRLScan retweeted
逐帧学习👀 Evan Van Ness @evan_van_ness 探讨了Pearl可能超越比特币的巨大潜力。 该讨论重点关注有用的工作量证明机制,即通过矩阵乘法进行挖矿,从而在进行AI推理的同时几乎不产生额外开销。 这种创新模式旨在解决传统比特币挖矿中存在的安全预算问题,并重塑数据中心经济学。 此外,该项目通过打造价格更低的推理飞轮,已经吸引了领先AI实验室的关注,甚至规划了专注于支付的分支。
NEW: Evan Van Ness On Why Pearl Could Be Bigger Than Bitcoin Evan breaks down how useful-work mining could change data center economics, the flywheel behind cheaper inference, and why he believes the biggest opportunity is still ahead. @evan_van_ness @andyyy @robbieklages 00:00 Intro 01:21 Pearl Could Be Bigger Than Bitcoin 03:47 Bitcoin's Ossification And Security Budget Problem 06:36 Everyone Wanted Proof Of Work Useful 08:51 Pearl Mines Through Matrix Multiplication 11:00 Near Zero Overhead Mining Alongside Inference 15:41 Pearl's Useful Work Is Under 1% 17:49 Everything Useless Must Become Useful Work 20:20 A Pearl Flywheel For Cheaper Inference 24:21 Midterms Threaten Data Center Buildouts 27:40 Frontier Labs Already Know About Pearl 31:00 Pearl At 3.7B FDV Versus Bitcoin 35:20 A Pearl Fork Aimed At Payments
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pearl-2:native flips bitcoin:native. Inevitable. Give a listen to what Evan Van Ness has to say. teapawt.net/Tig_Bo/status/21190689…
Evan Van Ness says he’s never selling his $PEARL until it flips Bitcoin. "We're at $3.74 billion FDV. I think that's correct. Putting that at number at 88 in the market. You're saying it's bigger than Bitcoin. You're smoking the shisha, you're drinking the Kool-Aid, you're having a matcha, you're talking in Spanish, you're imagining your Patagonian mansion if this comes true. I'll be right next door to you." "The obvious comparable is Bitcoin. I think AI changes everything, and it is a BTCD fork. So the innovation is not in writing their own blockchain node or anything like that. It is the fact that they put AI into money." "I'm definitely never selling until it's at least flipped Bitcoin. Let me put it that way."
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PRLScan retweeted
Evan says he’ll keep holding pearl-2:native because it will challenge Bitcoin's store-of-value dominance once markets reprice it: “The obvious comparable is like Bitcoin. I think, you know, AI changes everything. And it is a BTC fork, right? So the innovation is not in writing their own blockchain node or anything like that. It is the fact that they put AI into money, right? And I think that changes everything.” “In the long term, you know, although the direct comparable is Bitcoin, and it is going 100% after the store of value narrative, maybe it gets rerated not as a crypto thing, but as an AI thing. And that’s actually how everybody thinks of it.” “Time horizon, a target... I mean, I am long forever.”
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I explain why Pearl @prlnet is the only GPU-mined coin with a real shot at outgrowing Bitcoin "Overhead is the entire ballgame" "There are plenty of other GPU mined coins, but typically what's happening is that your GPU is using all of its computing resources to mine, and that's still the only revenue stream. What Pearl is building here is making GPUs more efficient" "What separates Pearl from other GPU mine coins is that it's still the only one that has a shot at getting adopted by AI labs and inference clusters. Do any of those GPU mine coins have an actual shot at building out a larger electrical footprint than Bitcoin? No way" "If they actually get penetration into the largest CapEx build out in human history and the fastest growing industry in human history, then yeah, it has actually a credible shot at becoming a larger network than Bitcoin. And that's why it's an interesting investment even without the useful work"
Why Pearl will Win –––––––––––––––––– 01:14 BTC is dying 03:24 Breaking up with my highschool girlfriend 06:51 Why it can work 09:35 Pearl's power footprint 12:45 AI capex > asic capex 15:00 FP8 19:00 Negative overhead 22:04 Elite team 23:06 Hashrate = hinge profile height 28:01 AI lab adoption 30:48 I want my MTV 32:31 Mark Knopfler shreds on guitar 35:52 Useful work vs Duplex work 38:32 Cheap verification is required for money 41:20 Can Pearl close the loop? 45:17 Addressing fundraise FUD 51:21 Risks 1:06:27 Pearl wins by becoming multi-denominational religion
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PRLScan retweeted
AI X CRYPTO CROSSOVER: What Is Pearl And Why Is Everyone Suddenly Talking About it? A newer friend of the show & Ethereum OG, Evan Van Ness joins us to discuss how useful-work could change data center economics, the flywheel behind cheaper inference, and why he believes the biggest opportunity is still ahead for AI-backed value. pearl-2:native @evan_van_ness @therollupco @prlnet
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The Pearl @prlnet thesis is simple, and I talked about it during the recent @MCGlive debate. Do you want decentralized money backed by ASIC capex, or AI capex? AI capex is 100x larger than bitcoin asic capex. "A lot of Bitcoin's monetary premium comes from the fact that it has the most hash rate. It's the Bitcoin singularity. Why would you ever hold the second most secure coin when you can just hold the most secure coin?" "That security is essentially capped by Bitcoin ASIC capex. Pearl has the advantage of not having to do that, because the install base of GPUs is already so much larger and it's forecasted to continue to grow because of AI demand" "If you wake up tomorrow and Pearl has more hashers than Bitcoin and a larger electrical footprint than Bitcoin, I find it extremely hard to believe that it wouldn't be significantly more valuable than it is today. And I view that world as increasingly likely"
Why Pearl will Win –––––––––––––––––– 01:14 BTC is dying 03:24 Breaking up with my highschool girlfriend 06:51 Why it can work 09:35 Pearl's power footprint 12:45 AI capex > asic capex 15:00 FP8 19:00 Negative overhead 22:04 Elite team 23:06 Hashrate = hinge profile height 28:01 AI lab adoption 30:48 I want my MTV 32:31 Mark Knopfler shreds on guitar 35:52 Useful work vs Duplex work 38:32 Cheap verification is required for money 41:20 Can Pearl close the loop? 45:17 Addressing fundraise FUD 51:21 Risks 1:06:27 Pearl wins by becoming multi-denominational religion
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New network hashrate high for Pearl pearl-2:native : 106.0 EH/s on Nov 6. Until now, this account called highs on lordofpearls' 60-block reading. From this post on, highs use prlscan's 200-block estimate. On that measure, the previous high was 105.5 EH/s on Oct 27. The window changes the number. Trackers estimate hashrate from difficulty and the average time between recent blocks. L At the same block, prlscan's data reads:
• 200 blocks: 106.0 EH/s
• 60 blocks: 150.1 EH/s Blocks arrive at random intervals, so a short window turns a run of fast blocks into a spike, while a longer one smooths it out. That is why trackers show different numbers at the same minute: lordofpearls' chart read 119.12 EH/s for this block.
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Why I think Pearl will be *the* decentralized money of the 21st century 👀
NEW: Evan Van Ness On Why Pearl Could Be Bigger Than Bitcoin Evan breaks down how useful-work mining could change data center economics, the flywheel behind cheaper inference, and why he believes the biggest opportunity is still ahead. @evan_van_ness @andyyy @robbieklages 00:00 Intro 01:21 Pearl Could Be Bigger Than Bitcoin 03:47 Bitcoin's Ossification And Security Budget Problem 06:36 Everyone Wanted Proof Of Work Useful 08:51 Pearl Mines Through Matrix Multiplication 11:00 Near Zero Overhead Mining Alongside Inference 15:41 Pearl's Useful Work Is Under 1% 17:49 Everything Useless Must Become Useful Work 20:20 A Pearl Flywheel For Cheaper Inference 24:21 Midterms Threaten Data Center Buildouts 27:40 Frontier Labs Already Know About Pearl 31:00 Pearl At 3.7B FDV Versus Bitcoin 35:20 A Pearl Fork Aimed At Payments
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PRLScan retweeted
NEW: Evan Van Ness On Why Pearl Could Be Bigger Than Bitcoin Evan breaks down how useful-work mining could change data center economics, the flywheel behind cheaper inference, and why he believes the biggest opportunity is still ahead. @evan_van_ness @andyyy @robbieklages 00:00 Intro 01:21 Pearl Could Be Bigger Than Bitcoin 03:47 Bitcoin's Ossification And Security Budget Problem 06:36 Everyone Wanted Proof Of Work Useful 08:51 Pearl Mines Through Matrix Multiplication 11:00 Near Zero Overhead Mining Alongside Inference 15:41 Pearl's Useful Work Is Under 1% 17:49 Everything Useless Must Become Useful Work 20:20 A Pearl Flywheel For Cheaper Inference 24:21 Midterms Threaten Data Center Buildouts 27:40 Frontier Labs Already Know About Pearl 31:00 Pearl At 3.7B FDV Versus Bitcoin 35:20 A Pearl Fork Aimed At Payments
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PRLScan retweeted
Evan Van Ness of Starbloom walks through Pearl as a light vLLM plugin. @evan_van_ness @andyyy $PEARL
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PRLScan retweeted
Three weeks ago, at Token2049, Andy asked a panel of traders: “What the hell is Pearl?” Last week, he said he was accumulating. Now Andy says the store-of-value trade runs in order: Bitcoin first, then ZEC with 5 to 10x upside, then Pearl as number three. He’s watching two ratios, Pearl/ZEC and ZEC/BTC, as the signal for the cycle’s highest upside. He holds Pearl and says he’s still buying. @andyyy $PEARL $ZEC
"What the hell is Pearl?" Some of the best positions start with a question you can't answer. Two weeks ago, Andy put Pearl in front of a Token2049 panel full of seasoned traders. Even they didn't have it figured out. Nobody had a clean answer. Kyle admitted he'd ignored it the whole time and missed it. So Andy went and did the research himself. The supply dynamics. The mining rewards. The TAM. Now he's accumulating. To be continued. @andyyy pearl-2:native
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PRLScan retweeted
Early Ethereum bull Evan Van Ness says Pearl mines via matrix multiplication, the same fundamental computation every AI model uses in training and serving queries. "Originally it was called Impossible Labs." "Everyone thought that making useful proof of work was just not possible." "Pearl is mining via arbitrary matrix multiplication." "Which is what every AI model, every LLM, every machine learning system uses." @evan_van_ness pearl-2:native
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PRLScan retweeted
TODAY. 2PM ET. Evan Van Ness joins us on what the post-midterm selloff means for Ethereum, plus why he calls Pearl "insanely undervalued." See you on the show. @evan_van_ness
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Replying to @AnthropicAI
@AnthropicAI’s impressive work on FlashProve is a real signal for the value of @prlnet’s technology in the toolbox of provable inference (PI). FlashProve proves inference correctness post-hoc. Moving it to real-time proof-of-inference requires time-stamping, which is what blockchains were made for.. The reality is that AI verification often cares about what a datacenter DIDN’T run. Correct inference proofs don’t rule out parallel, unmonitored workloads. @prlnet’s Pearl-GEMM protocol anchors the output to computation (FLOPs). Paired with PI, it could help bound capacity available for unauthorized training, and provide a “model-tracing” audit for agentic workloads. Pearl is uniquely positioned to build the work-accounting layer of PI infrastructure. anthropic.com/research/prova…
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Why Pearl will Win –––––––––––––––––– 01:14 BTC is dying 03:24 Breaking up with my highschool girlfriend 06:51 Why it can work 09:35 Pearl's power footprint 12:45 AI capex > asic capex 15:00 FP8 19:00 Negative overhead 22:04 Elite team 23:06 Hashrate = hinge profile height 28:01 AI lab adoption 30:48 I want my MTV 32:31 Mark Knopfler shreds on guitar 35:52 Useful work vs Duplex work 38:32 Cheap verification is required for money 41:20 Can Pearl close the loop? 45:17 Addressing fundraise FUD 51:21 Risks 1:06:27 Pearl wins by becoming multi-denominational religion
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Big news from @AnthropicAI on verifiable LLM inference, with an exciting connection to Pearl’s proof of useful work. Two orthogonal questions: • Did the model you paid for actually produce this response? • Was computational work performed? Anthropic reports that generating inference proofs currently takes ~70–95× the GPU time of ordinary inference. Pearl’s PoUW, on the contrary, adds negligible overhead. These costs buy different guarantees. Proving correct inference doesn’t automatically establish proof of work and the other way around. But the two are deeply complementary. Verifiable inference could certify which model produced an answer, while Pearl׳s PoUW only certifies that a computation has been done. As inference proofs get more practical, that combination could make AI easier to trust and more economical to provide.
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Pearl pearl-2:native mining, week 26:
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