Persistence Description
Persistence is a Tendermint/Cosmos-based Layer-1 network powering an ecosystem of DeFi products aimed at making liquid staked assets the default assets of the the PoS economy. Persistence is an interoperable protocol which allows developers to create applications that are either sovereign or modular. It also provides the ability for developers to build on top of Persistence’s CosmWasm Layer. Create App-chains within Persistence Ecosystem that can be interoperable with Cosmos/IBC ecosystem. IBC assets can be routed through Persistence Core-1 chain. Modular apps can be built directly on top the Core-1 chain using components from the Persistence architecture as plug and play interfaces. With the integration of CosmWasm, you can create high-performance Smart Contract Apps that are easily upgradeable and easy to maintain on the Persistence chain.
Persistence Alternatives
Cosmos
The Internet of Blockchains. Cosmos is an expanding ecosystem of interconnected apps, services and apps that are designed for a decentralized future. Discover a new world of connected services. Cosmos apps and services can connect using IBC, an Inter-Blockchain Communication protocol. This innovation allows you to freely exchange data and assets across sovereign decentralized blockchains. The Cosmos Hub serves as the economic heart of Cosmos and provides vital services to the Interchain. The next-generation decentralized exchange will allow you to swap digital assets across the Interchain with very low fees and instant transaction verification. ATOM will soon have the ability to secure many chains with the Interchain Staking feature. In exchange for additional rewards, The Hub's core mission is to connect chains through IBC connections with compatible chains, and operate decentralized bridges with chains such as Ethereum and Bitcoin.
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Umee
The easiest way to get started with DeFi. Umee is a layer 1 blockchain for cross-chain communication. It was built on the Cosmos SDK, powered by Tendermint Consensus, and includes a self-sovereign validater network. Inter-Blockchain Communication protocol, Gravity bridge, as well as decentralized infrastructure are used to achieve interoperability. This is a way to create a universal cross-chain DeFi hub. A DeFi platform that integrates with money legos allows for open finance innovation, including cross-chain staking and interchain leverage. Umee can be used as a base blockchain to build applications and money lego primitives. This will allow you to access liquidity and cross-chain leverage.
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Kava
Kava is a DeFi platform that allows for decentralized lending and stablecoins that are compatible with major cryptocurrencies. It has a cross-chain that provides stablecoins and guaranteed loans to users of major crypto assets like BTC, XRP, BNB, ATOM, and XRP. In exchange for USDX (Kava's stablecoin), users can guarantee their cryptocurrencies. The platform offers two types of tokens: the USDX stablecoin and the KAVA coin. KAVA, the native token of blockchain, is comprehensive in security, governance, mechanical functions, and can be found on the platform.
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Coreum
This is a 3rd generation Blockchain designed to be a core infrastructure for future decentralized apps. Coreum is the fastest global blockchain, processing up to 7000 transactions per seconds with a federated group consisting of 16 rotating validators. Coreum uses the well-known Cosmos SDK and Tendermint Consensus Engine to bring a low-latency proof of-stake blockchain. Applications can be written in many languages, and then compiled into the modern, turing-complete Web Assembly before processing. Coreum has hundreds of Blockchains in use and provides a bridge functionality that allows for interoperability with different chains via collateralized wrapping.
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Integrations
Company Details
Company:
Persistence
Website:
persistence.one/
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Product Details
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SaaS
Customer Support
Online
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