PYI
No. 492Price
Markets
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1. Project introduction
PYRIN enables super fast transactions, ensuring quick and efficient asset transfers. Its innovative consensus mechanism achieves near-instant transaction confirmation, making transactions visible within seconds and fully confirmed in 10 seconds or less.
PYRIN uses GhostDAG to maintain a high-speed network while preserving decentralization, secured by thousands of independent nodes. Implementing BLAKE3 also ensures a fair coin distribution at the beginning by excluding ASICS from mining.
PYRIN tackles scalability by using BlockDAG, enabling parallel block creation and confirmation. This ensures high transaction volume without compromising security or network performance.
2. Token distribution
pyrin was fair-launched in November 2023, with no pre-mine, pre-sales, or coin allocations.
Emission schedule
The emission schedule follows a halving pattern once per year, with smooth monthly reductions. The first reduction will take place on the 24th of December.
Block rewards
Currently, the rewards for finding one block is 17 coins (pyi).
Maximum supply
The maximum supply of pyrin coins is set at 1 billion coins.
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