Perlin: A leaderless, proof of stake, smart contract platform. Perlin is powering the future of trade with enterprise solutions built on top of the world’s fastest public ledger. Our mission is to empower enterprises with best-in-class technology and the essential Building Blocks they need to meet the challenges of future digital economies and trade.
Wavelet introduces a novel family of directed-acyclic-graph (DAG)-based consensus protocols. It is designed to alleviate the numerous scalability dilemmas predicated in decentralized ledgers, such as those that utilize either the longest chain rule, or some variant of stake delegation or committee election scheme. Wavelet guarantees irreversibility of transactions, and a consistent total ordering of transactions without any compromise on safety, performance or liveness; enabling features such as transaction graph pruning and Turing-complete smart contract execution. The safety and liveness of Wavelet is solely dependent on the safety and liveness of any arbitrarily chosen Byzantine fault-tolerant binary consensus protocol executed within the Wavelet framework. Unlike prior works, Wavelet requires minimal configuration of a minuscule set of system parameters to work in a large range of practical network settings where communication is only partially synchronous.