> at current PRL prices ($0.21)
But this is the price for Perle - https://coinmarketcap.com/currencies/perle/ - an entirely different project.
The actual Pearl (PRL) price is $0.76 as of now - https://www.coingecko.com/en/coins/pearl-2 - which is more than 3x difference. Based on this, I'm quite skeptical of the usefulness of the rest of the paper.
Plus the authors for at least one cited paper seem to be hallucinated/wrong (I'm leaning into hallucinated because the style looks more similar to Claude). For example, in the paper:
> D. Leinweber, C. Badertscher, and A. Kiayias. Challenges of proof-of-useful-work (PoUW). arXiv:2209.03865, 2022.
The reality if you open that arXiv:
> Challenges of Proof-of-Useful-Work (PoUW). Felix Hoffmann
And I say that as someone incredibly pro-AI, but the people who get access to the big GPU clusters are mostly not the right people w/r to computational efficiency.