Persistence One
Basics
"The Persistence Network is powered by Tendermint Core and built on the Cosmos SDK. Its goal is to create the most digestible ways for the adoption of Blockchain technology to help businesses get increased access and efficiency, which will increase topline and reduce expenses. The Network offers the toolkit to build marketplaces, exchanges, and applications that are suitable for Enterprises and remove the complexity of public blockchains. For more information, click here.
History
Token
Launch
Token allocation
Utility
Token Details
Stablecoin
Tech
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on: Tendermint
- Programming language used:
Transaction Details
Other Details
Consensus Algorithm
Staking
Privacy Method being used
Oracle Method being used
- Persistence will be utilizing Razor Network’s decentralized oracle services (2-11-2020).
Their Other Projects
DEX
Governance
DAO
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
Bugs
Usage
Projects that use or built on it
Pros and Cons
Pros
Cons
Competition
Coin Distribution
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].
Funding
Partners
- From this article (28-5-2020):
"On April 28, 2020, the Terra Protocol and Persistence announced that they would join forces to create a delegated Token Swap. Persistence will begin to ‘earn-out’ Luna Tokens (staking tokens of Terra) and other Stablecoins by running a Validator for the Terra Network operating at a 100% commission rate. Luna is delegated to this Validator by Terraform Labs. Persistence tokens are delivered to Terraform Labs once they begin to start trading publicly. This swap will encourage alignment between Terra and Persistence. And it will ensure token distribution to parties familiar with staking and enable a positive outcome for Persistence token."
- From their blog (2-11-2020):
"Persistence is very pleased to reveal that Audit.one, Persistence’s validator arm, will be onboarded as a validator for Razor Network’s platform. The team at Razor Network selects their validators after rigorous evaluation and consideration, so for them to choose Audit.one as one of their validators speaks volumes to the robustness of our validation infrastructure."