A supercomputer in
the palm of your hand.
Perlin is a bleeding-fast ledger with a powerful compute layer.
About Perlin
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.
The Ledger
Wavelet: a metastable, Sybil-resistant ledger

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).

Wavelet is a directed-acyclic-graph (DAG) that bootstraps a hardened version of the Avalanche consensus protocol with a novel implementation of proof-of-stake to produce a ledger that is metastable, Sybil-resistant, truly decentralized and fast.

  • A bleeding-fast ledger ...benchmarking results to come!
  • A leaderless consensus protocol that is robust, decentralized and resource efficient.
  • Sybil-resistant via a novel implementation of proof-of-stake.
  • A privacy-preserving layer even in the presence of Byzantine adversaries.
  • Smart contract SDK to support the development of DApps that are secure, practical and scalable.
The Compute Layer
Decentralized cloud computing

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.

Our Team

Dorjee Sun

Co-founder & Project Manager

Kenta Iwasaki

Co-founder & CTO

Ajay Prakash

Co-founder & Head of Product

Anup Malani, PhD

Research, Strategic & Commercial Partnerships Global Lead

Heyang Zhou

Senior Core Developer

Ahmad Muzakkir

Senior Core Developer

Doug

Senior Core Developer

Pisuth Daengthongdee

Senior Web Developer

Claudiu Filip

Senior Web Developer

Theon Ho

Developer

Yaya Lu

Developer

Sean Colquhoun

Technical Writer

Ali Kurtze

Indonesia Development Manager

Darren Toh

Compliance & Communications

Joanne Huynh

Finance & Administration

Our Advisors

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 of Asia and Emerging Markets at Amazon

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

Token Holders
FBG Capital
Bitmain
Global Brain
DHVC
Arrington XRP
BlockTower
LD Capital
ZhenFund
GBIC
Signum Capital
Bitrise
Node Capital
YouBi Capital
OkEX Capital
Consensus Capital
Tapas Capital
Origin X Capital
1kx
See full list here.
Technical Roadmap
Q4 2017
IdeationPerlin is founded.
Q2 2018
Avalanche ConsensusThe Avalanche Consensus is implemented to improve DAG throughput times.
Q3 2018
Whitepaper ReleaseThe preliminary version of the whitepaper is released to the public.
WaveletImprovements are made to the short comings of Avalanche to create a metastable, Sybil-resistant ledger called Wavelet.
Q4 2018
Testnet AlphaAlpha release of the testnet will consist of binaries and documentation.
Q1 2019
Compute dApp DemoA testnet version of our compute layer with a realtime demo will be published.
Q2 2019
Public Wavelet Testnet ReleaseThe second iteration of Perlins testnet for the Wavelet ledger will be released.
Traceability dApp DemoA testnet version of Perlins ledger layer with a real-time traceability demo will be published.
Q3 2019
Wavelet Mainnet ReleaseThe mainnet release for wavelet ledger which will include smart contracts.
Compute dApp DemoA testnet version of Perlins ledger layer with a real-time demo will be published.
Q4 2019
Compute dApp Demo (Mobile Support)Scaling our compute platform for more types of supply devices.
In the Media
April 17, 2019

The International Monitory Fund (IMF) and the World Bank have unitedly announced the launch of a private blockchain and cryptocurrency named “Learning Coin.” The goal of this crypto initiative is to educate the staff members of both the IMF and the World Bank with various concepts of blockchain and digital currency...

All Stocks
April 15, 2019

As part of its 100-year anniversary, the ICC has unveiled a global initiative in collaboration with leading distributed ledger firm Perlin to support its vast member base to take full advantage of next-generation blockchain technology. As part of the partnership, the ICC will connect Perlin to its vast member pool...

Bankless Times
April 15, 2019

The self-proclaimed world’s largest business organization, The International Chamber of Commerce (ICC), has recently announced its collaboration with the Singapore-based blockchain firm Perlin to boost blockchain adoption and take full advantage of its next-generation blockchain technology.

All Stocks
April 14, 2019

The International Chamber of Commerce (ICC) Has Announced That It Is Working Closely with Perlin, a Leading Distributed Ledger Company, to Support Blockchain Adoption Among the 45 Million Member Businesses It Represents in over 130 Countries.

AIthority
April 13, 2019

Singapore blockchain startup Perlin is supporting the world’s largest business organization, the International Chamber of Commerce (ICC), roll out the technologies, the business confirmed in a press release on April 12. Announced Thursday, the 100-year-old International Chamber of Commerce (ICC) has partnered with Singapore-based...

Gain Bitcoin
April 13, 2019

The 100-year-old International Chamber of Commerce (ICC), the world’s biggest and most respected trade organization, has partnered with fintech startup Perlin Net Group. The aim of the initiative is to integrate blockchain technology into the ICC system and promote its adoption for 45 million ICC members, including Amazon...

BeInCrypto
April 13, 2019

Singapore – As part of its 100-year anniversary, the ICC has unveiled a global initiative in collaboration with leading distributed ledger firm Perlin to support its vast member base to take full advantage of next-generation blockchain technology. As part of the partnership, the ICC will connect Perlin to its vast member pool...

Crypto Dost
April 12, 2019

Singapore blockchain startup Perlin is helping the world’s largest business organization, the International Chamber of Commerce (ICC), roll out the technology, the company confirmed in a press release on April 12. Perlin, which is already involved in blockchain pilots for various major businesses, including Asia Pacific Rayon, will now gain access to ICC’s members as the...

Coin Telegraph
April 12, 2019

As part of its 100-year anniversary, the ICC has unveiled a global initiative in collaboration with leading distributed ledger firm Perlin to support its vast member base to take full advantage of next-generation blockchain technology. As part of the partnership, the ICC will help connect Perlin...

Business Wire
See all news here.
General
What is Perlin?

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.

What problem does Perlin solve?

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.

Where is Perlin based?

Perlin has offices in Singapore, New York, Sydney and Hong Kong.

Where can I go to learn more about Perlin?

To stay updated, please subscribe to our Newsletter. In addition, follow us on Medium, Twitter, Facebook, Telegram, Discord and Reddit.

Technical
What is a Directed Acyclic Graph (DAG)?

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.

What is Avalanche consensus?

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.

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 minutes to several hours. Over time, we have seen highly congested blockchains suffer as per queueing theory.

What is Wavelet?

The recent introduction of metastable consensus protocols from the Snowflake to Avalanche has intrigued researchers and engineers across the cryptocurrency space, and has been the basis for much of the exciting research and development efforts we have undertaken here at Perlin.

However, misnomers, edge cases and minor discrepancies around this new family of protocols have yet to be addressed and that is why we have pieced together a novel, practical high-throughput ledger: Wavelet that is metastable and Sybil-resistant.

What is the benefit of a DAG-based ledger with Avalanche consensus?

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.

What is the difference between the ledger and the compute layer?

The ledger stores network data. The compute layer is Perlin’s own decentralized application bootstrapped on top of the DAG-based ledger.

Can DApps be launched on Perlin?

Yes, Perlin’s ledger provides developers with the infrastructure to create DApps with ease, security and scalability.

Token
What is the role of PERLs?

Perlin ties the remote allocation of a specific amount of computational time and resources through cryptographic means into a virtual currency termed PERLs.

Are PERLs an ERC20 token?

No. PERLs are not an ERC-20 token. PERLs are utility tokens and the native tokens will only be released upon the Wavelet mainnet when users of PERLs may use platforms and applications built on Wavelet (Perlin's distributed ledger).

What is the token price?

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

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Documentation