Increased mining decentralization is achieved through Kaspa’s BlockDAG architecture, featuring rapid block rates that facilitate effective solo mining even at lower hash rates. PYRIN, fair-launched in November 2023 without any pre-mine or sales, stands as a fully decentralized, open-source, community managed project. The maximum supply of PYRIN is capped at 1 billion coins, and its issuance schedule involves an annual halving by a factor of (1/2)^(1/12) through gradual monthly reductions. After a six-month period, the first reward reduction to 14 $PYI will take place in May 2024.
Initial mining activities took place on CPUs and switched to GPU, marking the commencement of PYRIN’s decentralized journey.
Circulating Supply: https://explorer.pyrin.network/
Total Supply: 882 613 435 $PYI
Max Supply: 1 000 000 000 $PYI
Marketcap: https://explorer.pyrin.network/ or https://www.coingecko.com/en/coins/pyrin
Block Time: 1 block/second
Block Reward until May 2024: 17 $PYI
About PYRIN
PYRIN, a decentralized Kaspa fork integrated with Blake3, combines BlockDAG and GhostDAG with innovative Smart Contracts, ensuring scalable and instant transactions with low fees and introduces a groundbreaking resource-managing Proof-of-Work (PAIW).