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What is Persistence?
Persistence operates as a Layer-1 network utilizing the Tendermint/Cosmos framework, aimed at promoting a range of decentralized finance (DeFi) solutions while striving to establish liquid-staked assets as the norm in the proof-of-stake (PoS) economy. Its key feature is interoperability, which empowers developers to create applications that can function independently, be modular, or built upon Persistence's CosmWasm layer. Users within the Persistence ecosystem can establish App-chains that retain compatibility with the extensive Cosmos/IBC ecosystem, enabling efficient routing of IBC assets through the Persistence Core-1 chain. Moreover, developers are granted the option to build Modular Apps directly on the Core-1 chain, leveraging components of the Persistence architecture as easily incorporated interfaces. The incorporation of CosmWasm further paves the way for the development of high-performance Smart Contract Apps on the Persistence chain, facilitating smooth upgrades and improvements over time. This forward-thinking methodology not only positions Persistence as a vital entity within the decentralized finance sector but also enhances its potential to adapt to future innovations and demands in the market. As the DeFi space continues to evolve, the capabilities offered by Persistence are likely to play a significant role in shaping its trajectory.
What is Conflux?
Conflux serves as a vital link connecting creators, communities, and marketplaces across various borders and protocols. Its cutting-edge Tree-Graph consensus algorithm utilizes parallel processing to efficiently manage blocks and transactions, significantly minimizing confirmation times while increasing transactions per second (TPS). By implementing a thoroughly vetted Proof of Work (PoW) consensus, Conflux guarantees enhanced security and protects against reentrancy attacks at the protocol level. The platform also includes ShuttleFlow, a remarkably swift cross-chain asset bridge that facilitates seamless asset transfers among different protocols. Moreover, the Fee Sponsorship Mechanism allows individuals without a wallet balance to engage in blockchain activities, as sponsors can cover either partial or full transaction fees to aid in onboarding new users. To promote user interaction further, the built-in staking feature enables the development of innovative decentralized finance (DeFi) applications, and currently, staked tokens yield an annualized interest rate of 4%, sourced from additional token issuance. This comprehensive ecosystem not only empowers users but also cultivates a thriving environment for innovation across the blockchain realm, fostering a collaborative atmosphere that encourages diverse project development.
Integrations Supported
Bitquery
Coin98
Cosmostation
DEX Screener
HashKey Me
InfStones
Keplr
Kiln
Kryptos
Ledger
Integrations Supported
Bitquery
Coin98
Cosmostation
DEX Screener
HashKey Me
InfStones
Keplr
Kiln
Kryptos
Ledger
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Persistence
Company Website
persistence.one/
Company Facts
Organization Name
Conflux Network
Date Founded
2019
Company Website
confluxnetwork.org/en/