Marlin

price
change

Discover Marlin's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Marlin?

Marlin (POND) is a blockchain network protocol designed to enhance the speed and security of decentralized web operations. It uses a network of relay nodes and advanced routing techniques to improve communication between nodes, making blockchain transactions faster, cheaper, and more reliable. The protocol is supported by a native cryptocurrency, POND, which is used for network fees, governance, and incentivizing node operators to maintain network integrity.

How is Marlin used?

Marlin (POND) is used in several key ways within the Marlin ecosystem:

  1. Network Fees: POND is used to pay for transaction fees on the network, ensuring the smooth operation of the blockchain.

  2. Staking and Governance: POND is staked by validators to run nodes and earn rewards. Additionally, it is used for governance participation, where users can propose and vote on network upgrades and policy changes.

  3. Reward Mechanism: Validators are rewarded in POND for maintaining network integrity and performance, incentivizing their participation.

  1. MPOND Conversion: Users can mint 1 MPOND (a governance token) with 1 million POND, allowing them to participate in governance decisions.

  2. Smart Contract Execution: Developers need to use POND to pay for the execution of smart contracts on the Marlin network.

Overall, POND plays a crucial role in facilitating the operations, governance, and security of the Marlin blockchain.

How do I store Marlin?

To store Marlin (POND) tokens, you can follow these steps:

  1. Store in Your KuCoin Account: You can store your POND tokens directly in your KuCoin account. This is a convenient option, especially if you plan to trade or use the tokens frequently.

  2. Hold in Non-Custodial Wallets: For more control and security, you can transfer your POND tokens to a non-custodial wallet. This allows you to manage your tokens independently and securely.

How to buy Marlin?

To buy Marlin (POND) tokens, follow these steps:

  1. Choose a Cryptocurrency Exchange: Select a reputable exchange that offers Marlin (POND) trading, such as KuCoin, Binance, Gate.io, HTX, Kraken, or Coinbase. Each exchange has its own set of features, fees, and user requirements.

  2. Create an Account: Sign up for an account on the chosen exchange. This typically involves providing personal information, verifying your email address, and setting up a password. Some exchanges may require additional identification documents for verification.

  3. Add Funds: Deposit funds into your exchange account using a supported payment method, such as a debit card, credit card, wire transfer, or existing cryptocurrencies like Bitcoin. The available payment methods vary by exchange.

  1. Buy Marlin (POND): Navigate to the exchange's trading platform and select Marlin (POND) as the asset you want to purchase. Enter the amount you want to buy, review the transaction details, and confirm your purchase.

  2. Store Your Marlin (POND): Once you have purchased Marlin (POND), you can store it in your exchange account or transfer it to a personal cryptocurrency wallet for added security and control.

Remember to always follow the specific instructions and guidelines provided by the exchange you choose, as the exact steps may differ slightly.

Discover
Marlin
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Marlin

Marlin (POND) was launched in 2018 by a team of developers including Amol Agrawal, Josh Payne, Prateesh Goyal, Pratyaksh Sharma, Roshan Raghupathy, and Siddhartha Dutta. The project aims to enhance the scalability and performance of peer-to-peer systems by improving communication between nodes. Marlin uses relay networks to transport blocks for various blockchains, allowing these networks to compete and optimize the process. The protocol is designed to make Web3 experiences faster, more reliable, and more secure by redesigning the network architecture behind blockchains.

Marlin's token economy consists of POND and MPOND tokens. POND is an ERC20 token used to delegate tasks to Marlin nodes and reward them for their work in the relay network. MPOND is the governing and staking token, allowing users to submit and approve proposals for the network's future. Users can earn rewards in POND tokens by actively participating in the relay network and delegating to Marlin nodes.

The total supply of POND tokens is 10 billion, and users can track the historical price data of Marlin, including open, high, low, and close prices, as well as trading volume and market capitalization, through various online resources.

Discover
Marlin
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Marlin works

Marlin (POND) is a blockchain network protocol designed to accelerate communication and enhance the performance of decentralized systems. It addresses the inefficiencies in traditional blockchain communication by providing faster and more reliable exchanges across its network while maintaining the decentralized ethos of blockchain technology.

Network Dynamics and Security Enhancements

Marlin's native utility token, POND, plays a crucial role in facilitating network operations and governance. POND is used for staking to run validator nodes, earning rewards for maintaining network integrity and performance. Additionally, POND is used to pay transaction fees and participate in the Marlin relay network. The tokenomics of POND are designed to incentivize participation, secure the network, and ensure a decentralized governance structure.

Dual-Token System

Marlin employs a dual-token system, with POND and MegaPOND (MPOND). POND is initially transferable and used for network fees and governance participation. MPOND, on the other hand, is non-transferable and used as a governance and staking token. Users can mint 1 MPOND by holding 1 million POND, allowing them to propose and vote on network upgrades and policy changes. This setup ensures a community-driven development approach and separates the enactment of policies from their administration.

Key Features

Marlin offers several key features to support the decentralized web:

  • Low-Latency Networks: Marlin's OpenWeaver innovation enables the creation of low-latency networks, improving data accessibility and reducing congestion.
  • Marlin Cache: This feature enhances data accessibility by improving data storage and retrieval.
  • Marlin Relay: Deployed over 800 nodes, the Marlin Relay facilitates faster and more reliable exchanges across the network.
  • MEV Bundles: Marlin's mev-bor for Polygon enables MEV bundles via the Marlin Relay, further enhancing network performance.
  • Oyster: This innovation introduces computational capabilities, enhancing blockchain performance and privacy.
  • Kalypso: The latest development, Kalypso, allows outsourcing ZK proof generation, marking Marlin's continued commitment to enhancing blockchain performance and privacy.
Governance and Tokenomics

The governance model of Marlin is designed to be community-driven, with MPOND holders having significant influence over the protocol's direction. The tokenomics are structured with a finite supply of 10 billion POND and 10,000 MPOND, ensuring scarcity and potential value appreciation. Conversion between POND and MPOND is managed through a regulated bridge, maintaining balance and fairness in governance participation.

Incentivized Programmable Network Infrastructure

Marlin operates by providing an incentivized programmable network infrastructure to the market. The network is a layer 1 blockchain that leverages a Delegated Proof-of-Stake (DPoS) consensus mechanism to remain valid. This system supports full DeFi smart contract capabilities and is designed to be scalable, secure, and user-governed.

Marlin Foundry and Marlin VN

The Marlin Foundry offers users the ability to create anonymity networks, providing an additional layer of security. Marlin VN's extensible architecture supports high-performance scenarios and provides users with flexible options to meet their needs.

Availability and Trading

Marlin (POND) is available for purchase on several exchanges, including Kraken and KuCoin.

Discover
Marlin
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Marlin's strengths

Marlin (POND) has several strengths that contribute to its potential as a scalable and secure blockchain infrastructure provider:

  1. Scalability and Performance: Marlin is designed to accelerate blockchain communication, providing faster and more reliable exchanges across its network. It achieves this through its metanodes, relay protocols, and support for blockchain-agnostic networks (BDNs), which enhance ecosystem capabilities and incentivize participation and innovation.

  2. Security and Governance: Marlin's POND token features innovative security layers and mechanisms to enhance blockchain efficiency. The tokenomics are designed to incentivize participation, secure the network, and ensure a decentralized governance structure. Validators are rewarded in POND for maintaining network integrity and performance, and MPOND holders have significant influence over the protocol's direction.

  3. Enterprise-Level Infrastructure: Marlin offers a suite of cloud computing and storage options that cater to institutional and Web 3.0 applications. It provides low-cost alternatives to traditional blockchain infrastructure, leveraging advanced consensus mechanisms to reduce smart contract gas prices and integrating a low-latency mempool to improve performance.

  1. Flexibility and Integration: Marlin's architecture is designed to support high-performance scenarios and provides users with flexible options to meet their needs. It can be integrated with various blockchains, regardless of their consensus mechanisms, and can speed up any platform that utilizes networking.

  2. Innovative Solutions: Marlin's protocol includes features like the Marlin Foundry, which allows users to create anonymity networks, and Marlin VN, which supports extensible architecture for improving DApps and networks. These solutions enhance the overall security and performance of the network.

  3. Strong Partnerships: Marlin boasts partnerships with notable projects like Murmur, Holochain, and Matic Network, which adds to its credibility and potential for growth.

Overall, Marlin's strengths lie in its ability to provide scalable, secure, and decentralized infrastructure solutions that cater to a wide range of blockchain applications and users.

Marlin's risks

Marlin (POND) carries several risks. One of the primary risks is market volatility, which can lead to significant price fluctuations. This volatility can result in wild price swings, making it challenging to predict the token's performance.

Another risk is the potential failure to develop the Marlin network as planned. This failure could impact the token's value and overall success.

Additionally, the token's risk assessment has varied over time. In February 2024, Marlin received a low risk rating from InvestorsObserver, indicating that it was less susceptible to manipulation by limited trading activity. However, by March 2024, the risk rating had increased to average, suggesting a higher risk profile.

These risks highlight the importance of careful consideration and thorough research before investing in Marlin (POND).

Discover
Marlin
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Marlin raise funds?

Discover
Marlin
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Marlin’s team

  • Siddhartha Dutta: Expert in peer-to-peer networking with experience at Microsoft and Adobe.
  • Prateesh Goyal: PhD student at MIT, focusing on computer networks.
  • Roshan Poddar: Expert in open-source development, formerly a software engineer at Google and Brave Software.
  • Nilotpal Mukherjee: Co-founder, recognized professional in technology and blockchain.

Whalee AI

The fundamental analysis assistant for crypto value investors.

Marlin NEWS REPORT

Latest news

Want an analysis of Marlin? Tell us on discord.

Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM