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What is Marlin (POND)?

Marlin basic info

Name:Marlin
Ticker:
Introduction:

What is Marlin (POND)?

Marlin is a revolutionary protocol for DeFi and Web3 that boasts a flexible and high-performance network architecture. The platform functions as a network marketplace where various relay networks compete to carry blocks for the same blockchain. Essentially, a relay network acts as a means of transporting data between two devices that are too far apart to communicate directly with one another.

Marlin is an open-source initiative that strives to enhance node communication in order to scale peer-to-peer systems. Peer-to-peer transactions refer to the direct exchange of assets between individuals without the intervention of a centralized authority. The company is committed to reinventing the networking architecture that underpins blockchains in order to create fast, secure, and reliable Web3 experiences.

Who are the Founders of Marlin?

Marlin was founded by a team of experienced developers in peer-to-peer networking, including Siddhartha, Prateesh, and Roshan. Siddhartha has previously worked at Microsoft and Adobe and is responsible for developing Zilliqa, the first high-throughput blockchain that employs sharding in production. Prateesh is currently pursuing a PhD in Computer Networks at MIT, while Roshan is an open-source enthusiast and has contributed to the Boost C++ libraries. Marlin also employs former researchers from Ethereum Foundation, ICPC world medallists, and developers with experience at Facebook, Cisco, and Bosch. The project is advised by former CEO of Bittorrent and professors from MIT and Princeton, including authors of seminal P2P papers such as Chord DHT. Marlin has received backing from investors such as Binance Labs, Electric Capital, and Michael Arrington.

How does Marlin (POND) Work?

In the whitepaper, it is explained that blockchains rely on the public internet as a means of communication, which is an asynchronous and unreliable system. Decentralized systems are unable to utilize private lines, CDNs, and SD-WANs due to their centralized structure, therefore, they are forced to accept the performance limitations imposed by the public internet. Block and transaction propagation in current decentralized networks are incompatible as nodes compete for the same rewards.

Marlin claims to offer a secure solution for decentralized systems to utilize high-performance relay networks without sacrificing decentralization. Marlin provides blockchain platforms with higher throughput, reduced costs, faster finality, and better-performing decentralized cloud services. Furthermore, users of the Marlin network, such as wallets and merchants, receive the most up-to-date transactions and blocks from the blockchain platforms they are interested in.

What makes Marlin (POND) Unique?

Marlin focuses on optimizing the network layer and is considered one of the few layer-0 projects with this focus. It is similar to incentivized IPFS Filecoin and claims to be an incentived libp2p equivalent. As any peer-to-peer application relies on networking between distributed nodes to function, Marlin is ubiquitous in the decentralized web. Additionally, Marlin is blockchain-agnostic and offers gateways built for several layer-1 as well as layer-2 platforms. Unlike other scaling solutions, Marlin's improvements in the network layer are not subject to the scalability trilemma, where performance, decentralization, or security must be sacrificed. This is because the constraints that primarily govern consensus layers do not apply to the network layer.

What is the POND Token?

Marlin has two types of tokens in its token economy, namely POND and MPOND. POND is the native token of Marlin and is an ERC20 standard token. It is used for delegating to Marlin nodes and rewarding them for their work operating the relay network. The subsidy pool incentives for relayer work are distributed in POND. However, if the allocated relayer doesn't follow the procedure, cutting penalties will be imposed. On the other hand, MPOND is Marlin's governance and staking token. It can be used to propose and vote on proposals.

How is the Marlin Network Secured?

The Marlin smart contracts are built on top of Ethereum, which ensures the correctness of their execution. However, it should be noted that the Marlin network, which consists of Metanodes, is at risk of having their staked MPOND and delegated POND slashed if the network faces DDoS and spam attacks. This is due to their failure to verify content that they introduce into the network. Similar to Proof-of-Work, the network uses tunable redundancy through erasure coding to provide users with performance and availability guarantees that are proportionately charged for. Additionally, a network of third-party auditors approved by the Pond DAO provides constant performance and coverage monitoring for applications that require higher reliability. An insurance fund backed by the DAO is used to compensate users who suffer losses due to the network's inability to meet its SLA guarantees.

Conclusion

Marlin is a robust player in the decentralized infrastructure realm, thanks to its quick transaction processing, adaptable network settings, and proprietary cryptocurrency. It has the potential to serve a broad range of industries with its many possible applications.

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Current price:
All-time high:$0.3845
All-time low:$0.006418

POND supply and tokenomics

Circulating supply:8,087,376,000 POND
Total supply:10,000,000,000 POND
Max supply:0 POND
Market cap:$134.32M
Fully diluted market cap:$166.09M
Tokenomics:

Uniqueness

Marlin is one of the few layer-0 projects focussed on network layer optimizations. Similar to Filecoin which is incentivized IPFS, Marlin claims to be the equivalent of an incentived libp2p. This makes Marlin ubiquitous in the decentralized web as any peer-to-peer application relies on networking between distributed nodes to function.

Marlin is thus blockchain-agnostic. It offers gateways built for several layer-1 as well as layer-2 platforms. Unlike several other scaling solutions which suffer from the scalability trilemma where either one of performance, decentralization or security is sacrificed, improvements in the network layer are not subject to such constraints which primarily govern consensus layers.

Token utility

Notable overlays that can be built using MarlinVM include: * Low-latency block multicast to scale blockchains * Low-latency mempool sync for arbitrageurs * Mesh networks * Anonymity networks like mixnets * Device optimization and caching responses of API to Infura, Alchemy etc

Its native utility token POND is used for: * Running validator nodes on the network via staking * Making and voting on governance proposals to determine how network resources are allocated * Determining a set of network performance auditors and compensating users from an insurance fund in case of a SLA breach

Links

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What is the development prospect and future value of POND?

The market value of POND currently stands at $134.32M, and its market ranking is #324. The value of POND is not widely recognized by the market. When the bull market comes, the market value of POND may have great growth potential.

As a new type of currency with innovative technology and unique use cases, POND has broad market potential and significant room for development. The distinctiveness and appeal of POND may attract the interest of specific groups, thereby driving up its market value.

What will the price of POND be in 2025?
Based on POND's historical price performance prediction model, the price of POND is projected to reach $0.01563 in 2025.
What will the price of POND be in 2030?
In 2030, the POND price is expected to change by -18.00%. By the end of 2030, the POND price is projected to reach $0.02014, with a cumulative ROI of +12.86%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of POND and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is POND worth investing or holding? How to buy POND from a crypto exchange?

If you want to buy POND, the following information may be helpful for your investment decisions:
In the last seven days, the price of POND has risen by 34.54%, leading to positive returns for most POND investors. The market is currently optimistic about the price trend of POND.
It is important to note that the current price of POND has retreated by -95.68% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether POND is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in POND or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of POND, if you want to buy or sell POND, you can consider Bitget for your trading needs. The best place to buy POND is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Marlin has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Marlin. Here's a step-by-step guide on how to buy Marlin on Bitget.

How to get Marlin through other methods?

Using cash to buy Marlin is not the only way to obtain Marlin. If you have the time to spare, you can get Marlin for free.
Learn how to earn Marlin for free through the Learn2Earn promotion.
Earn free Marlin by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Marlin airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Marlin through Bitget Convert, Bitget Swap, or spot trading.

What is Marlin used for and how to use Marlin?

The use case of Marlin may expand as the crypto market and the project itself develop. Currently, you can use POND to achieve the following goals:
Arbitrage by trading POND: Since POND is a frequently traded cryptocurrency, the price of POND is always fluctuating. Earn more POND by buying low and selling high on the exchange. Bitget spot market provides a variety of POND trading pairs to fully meet your needs.
Earn by staking POND: You can also generate income through financial management methods such as staking POND or lending POND. Bitget Earn offers a variety of financial products designed to help you earn more income from your POND.
Send or pay POND: If you want to give POND to your friends, a charity, or a fundraiser, or you want to pay someone with POND, you can quickly and easily send POND to the recipient through their payment address.
You can also go to the official website of the Marlin project to learn more about the use cases of POND. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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