Evan Van Ness said in an interview that the L1 project Pearl is expected to surpass Bitcoin
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AT A GLANCE
Evan Van Ness believes that Pearl, an L1 project using proof of useful work, has the potential to surpass Bitcoin.
Article
Ethereum News Weekly Founder: L1 Project Pearl Poised to Surpass Bitcoin
BlockBeats news, November 9, Evan Van Ness, founder of Ethereum News Weekly, recently stated in an interview that he believes the L1 project Pearl, based on useful proof-of-work, is poised to surpass Bitcoin.
Van Ness noted that Pearl mines through matrix multiplication, utilizing the same computations as AI model training and inference, allowing it to run in parallel with inference at almost zero additional overhead. Bitcoin suffers from premature hardening and security budget issues, whereas Pearl transforms originally "useless" mining into useful computation, creating a flywheel effect that reduces inference costs.
Original link https://m.theblockbeats.info/flash/376246
Key points
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BlockBeats stated that Evan Van Ness recently said in an interview that Pearl is expected to surpass Bitcoin.
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Van Ness said that Pearl mines through matrix multiplication.
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Van Ness stated that this computation is the same as the computation used for AI model training and inference, and can be performed in parallel with inference at almost zero additional overhead.
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Van Ness argues that Bitcoin suffers from premature fixation and security budget problems.
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Van Ness believes that Pearl can transform originally "useless" mining into useful computation, creating a flywheel effect that lowers inference costs.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is an interviewee's view on Pearl's technical roadmap and potential. According to him, Pearl aims to make mining computation serve AI computation simultaneously, rather than only being used to maintain consensus; however, the statement that it "is expected to surpass Bitcoin" is a personal judgment, not an already realized outcome.
Why it matters to readers
If the mining method described by Pearl can indeed balance network operation and AI inference, its computational uses could be broader; however, the original text provides no data to prove efficiency, security, cost advantages, or the possibility of surpassing Bitcoin.
Newcomers should regard this content as a project viewpoint and technical claim, not an investment conclusion. Pay attention to whether verifiable performance, security, and actual operational data emerge subsequently.
Risks and unknowns
The original text does not provide data on Pearl's mainnet, computing power, performance, security, or economic feasibility.
“Almost zero additional overhead” and “reduced inference costs” are statements made by respondents, lacking independent verification.
"Expected to surpass Bitcoin" has no clear measurement standard or timeline for realization.
The original text did not provide the complete interview content, so it is impossible to verify more context.
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