What is Perlin?
Perlin is a decentralized marketplace that utilizes idle computing power in devices to create a global supercomputer. Miners on the Perlin Network will be rewarded in the native currency PERLs for renting out their computing power. Apart from pooling compute resources, Perlin supports Dapps and smart contracts on top of it. Perlin also emphasizes on preserving privacy with homophoric cryptosystems, zk-SNARKs, and interactive verifiable protocols.
To reach consensus, Perlin uses a DAG-based Wavelet, which is an improved version of the Avalanche protocol- a leaderless Byzantine fault-tolerant metastable distributed ledger. By improving upon the mechanisms of Avalance, Perlin is able to scale to hundreds of thousands of nodes.
Perlin Network is subdivided into two layers- ledger and compute layer. Perlin’s ledger is known as Wavelet and it stores network data whereas the compute layer is where Dapps are supported on top of the DAG-based ledger.
The demand for computing power is rising very rapidly as we move into the era of industry 4.0. This has resulted in a situation where computational resources are owned by centralized companies such as AWS (Amazon Web Service). The exponential innovation along with constantly rising pressure on computer and storage can result in these resources becoming very costly and scarce.
With Perlin, end-users, developers and tech companies can rent compute and storage from their peers in a safe and decentralized manner, taking power away from oligopolistic centralized platforms.
- December 2017
Perlin is created
- June, 2018
Perlin Team implements Avalanche Consensus
- July 2018
- September 2018
Wavelet, an improved version of Avalanche is rolled out
- October 2018
- November 2018
Stability and Speed Improvements
- January 2019
Release of the testnet version of Compute Platform
- March 2019
Android mobile support will be introduced
- June 2019
- Dorjee Sun is a Co-founder and Project Manager at Perlin. He also serves as advisor to multiple crypto projects, including Quadrant Protocol, Airbloc Protocol, Loki, Santiment and Republic Protocol.
- Kenta Iwasaki is a Co-founder & CTO at Perlin. He was previously also the CTO of Velcron, a decentralized crypto exchange. Prior to that, he also worked as an AI researcher at Naver Corp.
- Mirza Uddin is a Co-founder & Head of Business Development at Perlin. He is a Harvard alumnus and worked as a venture capitalist for years. He is also an advisor to crypto projects including The Blockcloud Company, Vite Labs and Eden Partners.
- Ajay Prakash is a Co-founder & Head of Product at Perlin. He is also a Managing Partner at Qubit Capital and Community Co-lead at Republic Protocol.
- Anup Malani, Ph.D. is Research, Strategic & Commercial Partnerships Global Lead at Perlin. He also works as a professor at the University of Chicago Law School.
- Trung Nguyen is a Co-founder & Marketing Lead at Perlin. He holds a bachelor’s degree in mechanical engineering from UNSW, Australia.
On their official website you can find more about the team and advisory board
Perlin’s network incentivizes users to rent out resources such as RAM, CPU time, and disk space in exchange for minable tokens called PERLs.
- Token Symbol: PERL
- Token Type: ERC20
- Token use: UTILITY
- Total Supply: 1 billion
- Seed Sale: Jan 2018 (20% of tokens @ $ 0.04 and lock-up of 12 month)
- Strategic Sale: May, 2018 (20% of tokens @ $ 0.12 and lock-up of 6 months)
- Private Sale: July, 2018 (7.5% of tokens @ $ 0.2 and lock-up of 3 months)
- Public Sale: TBA
- Discord: 2.450 members
- Telegram: 31.982 members
- Twitter: 3.463 followers
- Facebook: 615 followers
- Reddit: 258 subscribers
- Perlin works with India & Indonesia for Global AI Hackathon to help 1.6b people
- Perlin Network to Provide Distributed Income for the Next Billion
- Hackathon challenge launched to find impactful AI apps
- Premier Indian Government Think Tank Partners With Perlin Network to Advance Its National Distributed Computing Infrastructure
- Perlin Network to Help Millions in Using Their Spare Computing Power
Perlin will receive tough competition from projects such as Aelf, SONM and Golem. All three have been established players in the decentralized cloud computing space.
Aelf is a self-evolving cloud computing application platform with side chains. SONM has a very similar structure to Perlin with decentralized marketplace where computing power can be exchanged. Among the decentralized computing space, Golem is the oldest project but uses Ethereum for its transactions.
Perlin can also be compared to other projects such as Hashgraph, Fantom and Spectre which use protocols based on block DAG (Directed Acyclic Graph) to achieve efficient and fast consensus.
Decentralized computing marketplace is not a novel idea for a blockchain project. There are numerous startups which have established themselves in the space. In this context, Perlin will probably struggle to distinguish itself. On the positive side, Perlin has backing from big venture funds.
Contacts and Important Links
- Website: https://www.perlin.net/
- Email: [email protected]
- Whitepaper: https://ipfs.io/ipfs/QmXNJXNtxFDg5vwBiXuDSUGpfatakock1qJzQkNujzrP37
- Discord: https://discordapp.com/invite/dMYfDPM
- Telegram: https://t.me/perlinnetwork
- Medium: https://medium.com/perlin-network
- Twitter: https://twitter.com/PerlinNetwork
- Reddit: https://www.reddit.com/r/perlin/
- Facebook: https://www.facebook.com/perlin.network/
- Github: https://github.com/perlin-network
By Vishal Chawla