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.
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Company Facts
Company Name:
Persistence
Company Website:
persistence.one/
Product Details
Deployment
SaaS
Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English
