The Heartthrob of Persistence platform That builds it a Model in Blockchain

block.chain22 (7)in #persistence • 4 years ago

Persistence is an interoperable protocol that provides sovereign environments for decentralized/institutional finance applications to be developed and operated. The Persistence architecture and technology stack was created while being cognizant of the above problems and after several iterations of attempting to solve them. You can see various features of it from the discussion below.

Persistence Ecosystem

Validators

A network is only as strong as its validators. The Persistence network is secured by leading PoS validators running institutional-grade architecture, geographically distributed across the world.

interNFT

InterNFT is a working group consisting of the leading interoperable projects and protocols building inter-chain standards for non-fungible tokens (NFTs) and NFT Metadata. This open collaboration was initiated by the Interchain Foundation and is being facilitated by Persistence together with ixo.

StakeDrop

A community-focused initiative designed to facilitate the wide distribution of XPRT tokens among PoS token holders familiar with staking, thus accelerating the decentralization of the Persistence mainnet once live. 1% of the total XPRT token supply has been allocated for distribution via StakeDrop.

XPRT tokens

The XPRT token is primarily a governance token for the Persistence chain. Once the Persistence mainnet is launched, token holders will be able to stake XPRT tokens to passively earn more XPRT. XPRT token also plays the role of a ‘work token’, allowing the stakers to produce cash flows in correlation with the transaction volume generated by dApps in the Persistence ecosystem.

Roadmap

Q1 2021

Launched Matic StakeDrop Campaign

Published Technical Specifications for interNFT

Launched Matic StakeDrop Campaign with 220M MATIC staked and 500+ participants

Audit. One Crosses $100m Aud Ecosystem

Pstake Development Core

Persistence's Cosmos Eth Bridge Live (Pbridge) Dapp

Token Contract Audit Token

Pstake (Liquid Staking Application) Mvp Development Dapp

Persistence Wallet Launch Core

Launch Of Persistence's Stacking Platform Dapp

Wallet And Block Explorer Integrations Ecosystem

Core-1 Mainnet Launch Core

Public Sale

Initial Set Of Exchange Listings Token

Q2 2021

Validator Set Expansion Ecosystem

Internft Implementation V1.0 Core

Pstake Application Launch Dapp

Expansion Of Exchange Listings Token

Audit. One Eth2 Staking Platform Launch Ecosystem

Asset Mantle Nft Marketplace Application Mvp To Be Launched, Dapp

SDK Release V2.0 Core

Validator Set Expansion Ecosystem

Extend Partnerships With Other Projects Ecosystem

Q3 2021

Asset Mantle (NFT Marketplace) To Be Launched, Dapp

Wallet and Block Explorer Integrations ecosystem

Integration with Other Protocols and Chains Through Interchain Communication Protocols Ecosystem

Additional SDK Modules Development Core

Plend Mvp To Be Launched dapp

Expansion of Wallet Integrations and Block Explorers Ecosystem

Persistence Mainnet Launch Core

Comdex Mainnet Launch Dapp

Audit. One Staking Interface to Be Launched Ecosystem

Core-2 Mainnet Launch Core

Q4 2021

Plend To Be Launched Dapp

Expansion of Wallet Integrations and Block Explorers Ecosystem

Expansion of Exchange Listings Token

SDK Release V3 Core

Pstake V2 To Be Launched

Understanding Non-Fungible Token (NFT) in Persistence

Asset Mantle Application implementing the minimum clique of Persistence SDK modules enabling interchain NFT definition, issuance, ownership transfer, and decentralized exchange.

Non-fungible tokens or NFTs are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at equivalency. This differs from fungible tokens like cryptocurrencies, which are identical to each other and, therefore, can be used as a medium for commercial transactions.

NFTs are unique cryptographic tokens that exist on a blockchain and cannot be replicated. NFTs can be used to represent real-world items like artwork and real estate. "Tokenizing" these real-world tangible assets allows them to be bought, sold, and traded more efficiently while reducing the probability of fraud. NFTs can also be used to represent people’s identities, property rights, and more.

Team of Persistence

Persistence has a team that worked hard relentlessly for its success. Tushar Aggarwal is the CEO and Co-founder of the Persistence platform. Deepanshu Tripathi is the CTO and Co-founder. Prashant Kumar, Puneet Mahajan, and Abhinav Kumar are the Software Developer of persistence. Their diligence and hardwork make this platform successful.

The Persistence tech stack provides the infrastructure to effectively bridge the realms of DeFi and traditional finance in a variety of areas, whilst also enabling the creation of innovative crypto-facing solutions to expand the DeFi and NFT sectors. Hope this makes you understand the aspects of Persistence.

Website — https://persistence.one
Whitepaper : https://persistence.one/static/media/whitepaper.aa159390.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=5323374.0
Linkedin : https://www.linkedin.com/company/persistenceone
Medium : https://medium.com/persistence-blog
Twitter — https://twitter.com/PersistenceOne
Telegram — https://t.me/PersistenceOneChat
Discord — https://discord.com/invite/SaBKpjbnhH
Youtube — https://www.youtube.com/channel/UC5wqI1ZRdkCjWWVOCQdhxLQ/featured
Reddit : https://www.reddit.com/r/PersistenceOne

Authorship