1. Distributed computing platform based on Dag and using a consensus approach called Avalanche consensus. This new consensus approach is based on high scalability and transaction. Initial test results showed 1600+ tps on 2000 nodes.
2. The Perlin network accesses underutilized computing power such as mobile phones to quantify the available resources of each participant.
3. The low cost of the Perlin Network allows computing power to be used by startups, researchers, and other small businesses.
A complementary point
1. No specific schedule or token has been published yet.
2. Dag, distributed computing projects have many similar projects. And there is a need to have many miners.
3. Additional information about team members and investors is not disclosed.
On a fundamental level, the Perlin ICO is solid across the board. WIth both a cutting-edge DAG protocol and innovative decentralized computing platform all in one package, there is more than one path to success for the Perlin ICO. The outstanding team and product together comprise a project that could very well set a new precedent for adoption and scale in the cryptospace.
Passing on Perlin, Origo, and Machine Exchange Coin for not having all-star teams (2+ all-stars) in my opinion.
Overall, for the reasons listed, Picolo affirms its rating on Perlin Network:
• An innovative idea that bootstraps several mechanisms on top of the Avalanche protocol that is unique from its competitors
• An all-star team with a substantial reputation in developing successful blockchain projects
• Backed by a panel of strategic investors with an established track record
• The project satisfies both prongs of a need and an opportunity in a growing market segment
Instead of extremely expensive supercomputers, Perlin suggests using underutilized resources of electronic devices we use every day. While you are carrying your smartphone in your pocket, it can earn tokens for you, so why not? Perlin uses DAG as a native ledger that showed good results in projects like Nano and IOTA, and promises a comfortable infrastructure for DApps. Though the guys don’t have a product yet, the written code was highly evaluated by OpenToken’s experts. Add here good hype, and we’ve got a picture of a very strong project.
Creating an affordable cloud supercomputer by using computing power of smartphones is a logical and reasonable idea. The guys from Perlin have got everything for the implementation, but don’t have a product yet.