It is becoming increasingly clear that the future economy will be denominated in compute cycles more than in human labor. In a world where AI drives the majority of electricity consumption and GDP, compute is the natural collateral for money: an open, auditable, AI-native currency, produced directly through inference and training. Since the inception of Bitcoin, an outstanding open problem in distributed systems was whether it is possible to implement Proof-of-Work consensus on top of real-world computation, as opposed to useless random hashing. While long considered impossible, last year we answered this question affirmatively. Pearl’s mathematical breakthrough enables every GPU cycle powering AI systems to simultaneously produce a native digital currency: ¶PRL. What this means is that the hundreds-of-billions (and soon trillions) of dollars of compute being deployed for AI workloads will double--for effectively free--to secure Pearl's Proof-of-Work chain; All the properties of Bitcoin, but secured as the by-product of AI inference and training, i.e., by the native operation of GPUs: matrix-multiplication (GEMM). Pearl changes the unit economics of LLMs, which are are fundamentally non-fungible, and will shift a portion of the wealth generated by AI back to users – who drive production, model improvement and demand, yet currently capture none of the upside of the AI era. We’ve spent the last year turning this “2-for-1” breakthrough into a working infrastructure, building from the linear algebra down to the CUDA kernels, alongside world-class mathematicians and low-level engineers. Today, we’re excited to announce that the Pearl Network is ready, and will soon support state-of-the-art LLM serving, through vLLM and SGLang plugins. Running AI workloads on Pearl transforms AI compute from a sunk expense into an AI-native asset, anchored directly to the production of intelligence. If you’re interested/skeptic or ideally both – we’ve published our next tranche of open problems as a collaborative Polymath challenge – containing math, systems and economics questions we’re grappling with next. We invite you to tear it down, prove it or propose better implementations: pearlpolymath.com. #AIMoney #ProofOfInference