the palm of your hand.
As it stands, current blockchains and consensus protocols have several performance issues that prevent mass adoption. Ledgers need to be fast, secure and scalable to support the development of decentralized applications (DApps).
Perlin’s own native ledger is a directed-acyclic-graph (DAG) utilizing the Avalanche consensus protocol, that provides the scalability and throughput necessary to make decentralized compute resource sharing possible.
- A bleeding-fast ledger at 1,300 tps with consistently low latency times of 4 seconds.
- A leaderless consensus protocol that is robust, decentralized and resource efficient.
- A privacy-preserving layer even in the presence of Byzantine adversaries.
- Supports the development of DApps that are secure, stable and scalable.
Perlin’s compute layer is bootstrapped on top of it’s DAG-based ledger unlocking a plethora of underutilized compute resources from everyday devices, to form a decentralized cloud computing marketplace that combats the inflated pricing models set by the oligopolistic cloud computing market.
Miners with everyday devices such as a smartphone, can securely rent away their idle compute capacity in exchange for a virtual currency termed PERLs, to customers of the network (researchers, startups and enterprises) who are in need of computing power.
This is where Perlin’s cryptographic tying of compute resources into a virtual currency is transacted on an open, self-audited distributed ledger, establishing a novel liquid market for computing power.
This paradigm shift in cloud computing will set the precedence for truly decentralized economies - a world where smartphones can collectively process computationally intensive algorithms in areas such as cancer research and artificial intelligence alike.
Dorjee Sun
Project Manager & Co-founder
Kenta Iwasaki
CTO & Co-founder
Mirza Uddin
Head of Business Development
Trung Nguyen
Community Lead
Anup Malani, PhD
Research, Strategic & Commercial Partnerships Global Lead
Ajay Prakash
Head of Product
Doug
Senior Developer
Jack Li, PhD
Senior Developer
Heyang Zhou
Senior Developer
Oleg Kovalov
Senior Developer
Joanne Huynh
Finance & Admin
Darren Toh
Compliance & Communications
Ali Kurtze
Business Development Manager
Vincent Zhou
Founding Partner of FBG Capital
Taiyang Zhang
CEO of Republic Protocol
Howard Wu
Co-founder of Dekrypt Capital
Michael Arrington
Co-founder of CrunchFund & Founder of TechCrunch
Rob Eldridge
Managing Partner at Tapas Capital & Ex-CFO at Amazon Web Services
Lasse Clausen
Co-founder of 1kx
Jack Yi
Founder of LD Capital
Stephen Banfield
Partner at Withers Singapore
Taylor Sittler, PhD
Co-founder of Color Genomics & Venture Partner at Khosla Ventures
Addison Huegel
Managing Partner & Director at BlockPR & Elevator Communications, LLC
Michael Migliero
Partner at Mek Group
Perlin is the first practical, trustless and decentralized cloud computing marketplace that leverages underutilized compute power in everyday smart-devices to make supercomputing economically viable and accessible globally. This is achieved via a DAG-based distributed ledger using Avalanche consensus.
Researchers, developers, startups and enterprises incur excessive costs to power up the cloud machines/instances they rent from centralized cloud computing providers.
Perlin is creating a decentralized, trustless cloud computing marketplace which delivers massive computational throughput and power with the ability to attain high transaction volume and market activity, effectively reducing the cost of computing power.
Perlin has offices in Singapore, New York, Sydney and Hong Kong.
Perlin’s ledger is DAG - a data structure that maintains a topological sorting. It is comprised of a series of nodes with directed edges between earlier and later nodes within the sequence and it presents itself as one of the first monumental alternatives to blockchains scalability issues.
To reach consensus, Perlin’s ledger uses the Avalanche protocol - a leaderless Byzantine fault-tolerant metastable distributed ledger protocol that holds high magnitudes of confidence thresholds despite the potential presence of Byzantine adversaries. A technical paper released by the group Team Rocket titled ‘Snowflake to Avalanche’ details the protocol here.
By design this is far more efficient and decentralized than existing PoW or PoS mechanisms.
Avalanche consensus achieved 1,300 TPS on a network with 2,000 nodes and a median consensus latency of 4.2 to 5.8 seconds.
In comparison, Ethereum achieves 10-15 TPS with inconsistent latency times spanning from minutes to several hours. Over time, we have seen highly congested blockchains like Ethereum suffer as a result of queueing theory.
The ledger stores network data. The compute layer is Perlin’s own decentralized application bootstrapped on top of the DAG-based ledger.
Yes, Perlin’s ledger provides developers with the infrastructure to create DApps with ease, security and scalability.
Perlin ties the remote allocation of a specific amount of computational time and resources through cryptographic means into a virtual currency termed PERLs.
PERLs will initially be distributed as ERC20 tokens. However PERLs will be swapped with our native token upon the release of our mainnet.
Very few (if any) projects reveal their seed round metrics, however with full transparency these are our official token-sale metrics.
Seed Sale (Dec, 2017 to Jan, 2018) - 20% of Tokens Issued. At the seed round the project was pre-whitepaper, had no technical development and no strategic partners. Token price of $0.04 with a 12-month lockup from time of investment and a 12-month vesting period from token-generation-event. This means that any vested tokens are not accessible within the lockup period.
Strategic Sale (April, 2018 to May, 2018) - 20% of Tokens Issued. At the strategic round the project had a 3 person team, whitepaper v1.0, 3 months of technical development and over 60+ strategic partners. Token price of $0.12 with 6-month vesting from token-generation-event.
Private Sale (June, 2018 to July, 2018) - 7.5% of Tokens Issued. At the private sale round the project had 10+ person team, whitepaper v2.0, 3 separate independent code reviews with high marks, 5 months of technical development and over 200+ strategic partners and token purchasers. Token price of $0.20 with 3-month lockup from exchange-listing.
Further Sale Details. TBA
