Maximum Supply: Total limit of coins PrimeAI will have in its entire lifetime. That's 21 billion PrimeAI. It is estimated that it will take approximately 132 years to mine all the coins. In cryptocurrency systems that implement a halving mechanism, the block reward that miners receive for adding new transactions to the blockchain is reduced by half at regular intervals. This reduction continues at each halving event, exponentially decreasing the number of new coins created. With each halving, the number of new coins minted will decrease geometrically. As this process continues, the rewards become so small that they effectively approach zero, but never actually reach it. This is like the concept of Zeno's paradox, where you can always go half the distance to a target but never quite reach it.
Website & Whitepaper Update
This is merely a concise overview of the PrimeAI Project and its components. We plan to produce more articles that delve into each aspect in greater detail, thereby expanding on all we have to impart. We acknowledge that its going to be a lengthy journey, but with perseverance, everything becomes much more manageable.