Perlin is a practical, trustless and decentralized cloud computing marketplace that leverages underutilized compute power in everyday smart-devices to make supercomputing economically viable and accessible globally.
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. DAG is 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 alternatives to blockchains scalability issues. On their platform Perlin promises to implement:
- A ledger capable of 1300 tps with latency time of 4 seconds;
- A leaderless consensus protocol;
- A privacy-preserving layer, which would withstand Byzantine adversaries;
- Scalable dApp development support.
Perlin’s compute layer is bootstrapped on top of its DAG-based ledger unlocking the underutilized compute resources from everyday devices, to form a decentralized cloud computing marketplace. Miners with everyday devices such as smartphones, can rent away idle compute capacity in exchange for a virtual currency termed PERLs, to customers of the network.
PERLs will initially be distributed as ERC20 tokens. However, PERLs will be swapped with Perlin's native token upon the release of their mainnet.
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