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
A high-throughput DAG using Avalanche consensus.

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.
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

Mirza Uddin

Co-founder & Head of Business Development

Trung Nguyen

Co-founder & Marketing Lead

Ajay Prakash

Co-founder & Head of Product

Anup Malani, PhD

Co-founder and Research, Strategic & Commercial Partnerships Global Lead

Doug

Co-founder & Senior Developer

Jack Li, PhD

Senior Developer

Heyang Zhou

Senior Developer

Joanne Huynh

Co-founder and Finance & Admin

Darren Toh

Compliance & Communications

Ali Kurtze

Indonesia Development Manager

Raheel Khursheed

India Development Manager

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

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

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
December 2017
IdeationPerlin is founded.
June 2018
Avalanche ConsensusThe Avalanche Consensus is implemented to improve DAG throughput times.
July 2018
Whitepaper ReleaseThe preliminary version of the whitepaper is released to the public.
September 2018
WaveletImprovements are made to the short comings of Avalanche to create a metastable, Sybil-resistant ledger called Wavelet.
October 2018
Testnet AlphaAlpha release of the testnet will consist of binaries and documentation.
November 2018
Stability and Speed ImprovementsTestnet benchmarking results for stability and speed.
January 2019
Compute PlatformA testnet version of our compute layer with a realtime demo will be published.
March 2019
Mobile IntegrationA testnet version for mobile support on Android phones.
June 2019
Mainnet ReleaseThe mainnet release will accompany support for smart contracts, Kubernetes, GPU’s and the genesis block.
In the Media
October 9, 2018

Perlin has built a decentralized network that will allow owners of computers, phones and other smart devices to rent out their unused computing power.

Crypto News
October 9, 2018

Australian firm Perlin said it has launched the test version of a decentralised cloud network, which will provide services using the computing power...

Techcircle
October 9, 2018

Perlin has built a secure and ultra-fast network platform to utilize the vast amounts of idle compute power available on computers, smartphones, game...

Global Banking and Finance
October 9, 2018

DAG-based distributed ledger Perlin has made its testnet alpha available for private testing. The team has built a secure and ultra-fast network platform...

Crypto Ninjas
October 8, 2018

Perlin has built the world’s first practical decentralized privacy-preserving cloud network, which will provide cheap, fast and secure cloud services using...

Venture Beat
October 8, 2018

In the buzzy worlds of cryptocurrency and cloud computing, one Australian entrepreneur sees an overlooked opportunity—the idle computing power of devices in...

Quartz
October 5, 2018

Mirza Uddin - Co-founder & Head of Business Development tells about his rich experience in crypto, reveals the general concept of Perlin and shares his vision...

ICO Drops
September 24, 2018

Consensus Singapore Interview Series Features some of our favorite projects that we met during the event.

Altcoin Buzz
September 24, 2018

At Singapore Blockchain Week we asked some tough questions: 1. What is the future of the utility token? 2. Can XRP keep the number 2 spot? 3. Is the move from the SEC one step closer to an ETF.

CNBC Crypto Trader
September 13, 2018

Perlin was recently invited to the World Economic Forum on ASEAN in Hanoi on the 11–13th September, 2018. In this video, Dorjee Sun (Project Manager at Perlin) is interviewed by Al-Jazeera on his outlook on the industry...

Al Jazeera
August 31, 2018

So, what is Perlin anyway? According to the recently uploaded whitepaper on its website, Perlin Network is a DAG-based distributed ledger built on the Avalanche consensus protocol — a mechanism that ensures...

Use The Bitcoin
August 25, 2018

Perlin code review, enjoy it while it lasts because I have two projects on my plate right now that I’m probably not going to like at all. So what is this thing, anyway? Decentralized computing, good but lots of it around...

Crypto Briefing
August 14, 2018

NEW DEHLI--(BUSINESS WIRE)--The National Institution for Transforming India (NITI Aayog), the premier policy think tank for the Indian Government, has announced its commitment to partner with Perlin Network to progress the development...

Business Wire
July 26, 2018

Perlin Network is a DAG based distributed ledger built on top of the Avalanche consensus protocol. The first application of Perlin is a decentralized compute layer that provides computing resources to anyone in need of computational power.

Hackernoon
Unspecified

Perlin is a new platform which was created to make a scalable DAG-based protocol using the Avalanche consensus. This protocol will run on the Perlin Network, which will serve as a marketplace and as an exchange for computing resources among the...

Bitcoin Exchange Guide
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.

By design this is far more efficient and decentralized than existing PoW or PoS mechanisms.

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?

PERLs will initially be distributed as ERC20 tokens. However PERLs will be swapped with our native token upon the release of our mainnet.

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

Subscribe to Newsletter
© 2018 Perlin. All rights reserved.
Documentation