Perlin is a highly scalable, PoS smart contract platform that achieves throughput of 31,000+ TPS and consistently has 0 to 4 second time to finality, all of which is made possible by Wavelet, a DAG-based probabilistic consensus mechanism. Perlin utilises leaderless PoS protocol which does not use committees or delegation, thereby ensuring the security properties of bitcoin but speeds comparable to private chains. Perlin is pursuing several adoption strategies but is currently focused on the $US 11 Trillion international trade market with its distribution partners such as the International Chamber of Commerce, Enterprise Singapore, Dubai Chamber of Commerce and others.
Features & Highlights
- Leaderless Proof of Stake: A new proof of stake protocol that doesn’t require committees or delegation.
- Minimal Hardware Nodes: PERL holders will have the option of running a validator node with minimal hardware requirements (512MB RAM and 2 CPUs) and join in earning a share of transaction fees.
- Commercial / Market Traction: Perlin is initially targeting applications in the International Trade space with endorsements from the International Chamber of Commerce, Enterprise Singapore and several other organizations and companies.
- Efficient and Scalable: Wavelet is benchmarked at 31k+ transactions per second and a time to finality between 0-4 seconds.
- Engaged, Global Developer Community: Strong developer adoption through AssemblyScript/Rust smart contract SDKs and two previously released libraries, Life and Noise, which have over 2,300 stars on Github and 150 forks collectively.
Token Sale & Economics
- Project website: http://perlin.net/
- Project whitepaper: http://perlin.net/
- Token sale start time: 2019-08-24 00:00 UTC
- Ticker: PERL
- Token type: ERC20 as TGE
- Total hard cap: $6,199,200
- Total supply: 1,033,200,000 PERL
- Initial circulating supply: 25.33% of total supply
- Public sale token price: 1 PERL = $0.07743
- Public sale allocation: 8.38% of total supply
- Private sale token price: Private: 1 PERL = $0.20. Strategic: 1 PERL = $0.12
- Private sale allocation: Private: 8.36% of total supply. Strategic: 19.49% of total supply
- Private sale vesting period: Private: 33.33% before listing, then 33.33% each 6 months. Strategic: 40% before listing, then 20% each 6 months
- Seed sale token price: 1 PERL = $0.06
- Seed sale allocation: 20% of total supply
- Seed sale vesting period: 1 year lockup, then 20% each 6 months
Token Release Schedule
Token Utility & Use Cases
The use cases intended for PERL mainnet tokens include but are not limited to:
- Payment for transaction fees
- Payment for smart contract fees
- Stake for running a validator node
Prior to the Wavelet mainnet release, the ERC-20 PERL tokens can be used for Clarify Personal, an application which allows users to attach proof of ownership onto the Perlin blockchain.
Roadmap & Updates
- Q4 2017
- Ideation - Perlin is founded.
- Q2 2018
- Avalanche Consensus - The Avalanche Consensus is implemented to improve DAG throughput times.
- Q3 2018
- Whitepaper Release - The preliminary version of the whitepaper is released to the public.
- Wavelet - Improvements are made to the short comings of Avalanche to create a metastable, Sybil-resistant ledger called Wavelet.
- Q4 2018
- Testnet Alpha - Alpha release of the testnet will consist of binaries and documentation.
- Q1 2019
- Compute dApp Demo - A testnet version of our compute layer with a realtime demo will be published.
- Q2 2019
- Public Wavelet Testnet Release - The second iteration of Perlins testnet for the Wavelet ledger will be released.
- Traceability dApp Demo - A testnet version of Perlins ledger layer with a real-time traceability demo will be published.
- Q3 2019
- Wavelet Mainnet Release - The mainnet release for wavelet ledger which will include smart contracts.
- Compute dApp Demo - A 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.
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