Oyster Pearl (PRL)

TWO LEDGERS – ONE PROTOCOL

IOTA Tangle

Oyster is a storage protocol that builds on top of the IOTA Tangle (Directed Acyclic Graph). Nodes within the Oyster network use the Tangle as a neutral third party to negotiate work performance, completion, and compensation. Data uploaded via Oyster is ultimately retained across the distributed network topology of the Tangle. This ensures the data is securely stored and decentralized with great redundancy and failure resistance.

Ethereum Blockchain

The Oyster Pearl (PRL) is an ERC20 token that exhibits unique qualities built upon the smart contract framework of Ethereum. Oyster nodes hunt for Pearls embedded across file data structures retained on the Tangle. As the nodes search for Pearls via Proof of Work, they inadvertently maintain the data on the Tangle, thereby securing its retention.

The Oyster smart contract only allows Pearls to be gradually released from their embedded state, ensuring the data’s integrity for the correct time.