kerrigan-network/kerrigan

Kerrigan Network represents a classic 'alt-coin' architectural template that was popular circa 2018, combining various existing technologies like Dash-style Masternodes, Zcash-style Sapling privacy, and a mix of PoW algorithms (X11 from Dash, KawPoW from Ravencoin, Equihash from Zcash). With only 9 stars and minimal activity, it lacks the network effects and developer mindshare required to compete in the crowded Layer 1 landscape. The 'decentralized AI compute' claim is currently roadmap-ware and lacks technical implementation details that would differentiate it from established DePIN projects like Akash, Render, or Bittensor. The defensibility is extremely low because the codebase is a derivative of well-known open-source protocols with no novel technical moat. While frontier labs are unlikely to compete with a niche PoW coin, the project faces high market consolidation risk as liquidity and users gravitate toward a few dominant L1s and L2s. The 2026 launch date suggests a long horizon for a project that currently offers no unique value proposition over existing, liquid alternatives.