A supercomputer in the palm of your hand.
Perlin is a bleeding-fast ledger with a powerful compute layer that allows supercomputing to be made economically viable and accessible globally.
Tech
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.
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.
Team
Advisers
Common Questions
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.
To stay updated, please subscribe to our Newsletter. In addition, please follow us on social media.
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.