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Information

Data from
Issue Time
2020/12/22
Initial Price
US $ 0.00641782
Circulation/Max
8.08B/10.00B
Dominance
0.00%
ROI --%
$0.00641782$0.38450229
Low · 2022/05/122022/05/12 · High

Information

What Is Marlin (POND) Crypto?

The Marlin Protocol is a cryptocurrency project that focuses on accelerating decentralized communication. It offers a trustless environment for developing powerful applications by accessing and processing data verifiably, deploying, generating Zero-Knowledge Proofs (ZKPs), and offering off-chain execution using GPUs and Trusted Execution Environments (such as Intel SGX, AMD SEV, or cloud services) for computational integrity, data confidentiality, failure recovery, auto-scaling, and more.

Marlin also provides a ZK-proof marketplace called Kalypso, which allows users to leverage zero-knowledge proofs without specialized hardware, providing liveness, censorship resistance, and resource efficiency. In addition, they have a distributed event-driven caching system called Web3 Cache.

Marlin is permissionless, with validators on the network providing computational resources for ZK proofs and running decentralized backends, creating an ecosystem of applications leveraging its infrastructure.

POND is the native utility token of the Marlin Protocol. It functions as an incentive token, can be staked on the platform, and gives holders the power to participate in Marlins decentralized governance mechanism.

How Does Marlin Network Work?

Marlin Protocol is an open-source programmable network infrastructure designed to address off-chain blockchain challenges, such as handling large data in a shorter time, achieving high performance, and enhancing user experiences. The protocol aims to accelerate decentralized communication by leveraging a set of innovative mechanisms:

Trustless Coprocessors for Limitless Compute

Marlin enables powerful applications by providing access to data processing with verifiable results. This mechanism allows for efficient and secure off-chain computations.

Delegated Off-chain Compute

Computation can be delegated to off-chain microservices, and proofs and attestations are verified on-chain, reducing the computational burden on-chain and saving gas.

Accelerated Execution

The verifiable off-chain execution provided by Marlin is faster than traditional on-chain computation, as it doesn't require the replication of the entire computation, leading to quicker results.

Privacy Maintenance

The data and logic of computations carried out off-chain are not visible on-chain or to the host, enhancing privacy. Enclaves or cyphers can be used for additional security.

Trusted Execution Environments

Marlin leverages the security of Hardware Security Modules (HSMs) for the correctness of computations, adding a layer of trust to the network.

Delegation without Uncertainty

Logic and data can be shared for processing off-chain without concerns about untrusted intruding hosts.

Reliability and Failure Recovery

Marlin's architecture enables recovery in case of node failures, ensuring the continuity of applications.

Resource Efficiency

Marlin increases resource utilization by serving multiple applications, reducing idle time, and improving efficiency.

Permissionless Protocol and ZK Proofs

The protocol is supported by open-source contributions, and validators in the Marlin network provide GPUs and Trusted Execution Environments for computing Zero-Knowledge Proofs (ZK proofs) and running decentralized backends.

Integration with Decentralized Markets

Marlin allows access to permissionless markets through innovative software design, providing an ecosystem for high-performance infrastructure.

History of Marlin Protocol and POND Coin

Marlin Protocol is a network infrastructure designed to address off-chain challenges in the blockchain ecosystem, enhancing performance, reducing latency, and providing a better user experience. It aims to improve communication between nodes in peer-to-peer networks, particularly in the context of decentralized finance (DeFi) and Web3 applications.

Marlin was founded by a team of individuals with experience in peer-to-peer networking and blockchain technology. The founders include Amol Agrawal, Josh Payne, Prateek Goyal, Pratyaksh Sharma, Roshan Raghupathy, and Siddhartha Dutta.

Marlin Protocol was launched in 2018, and it has been actively working on its mission to provide a high-performance and configurable network architecture since then.

Answers

Is Marlin (POND) a Good Investment?

Here are some factors that make the POND crypto an interesting addition to your portfolio:

Marlins Low Transaction Fees and High Performance

Marlin aims to address the issue of high fees in the crypto space by leveraging advanced consensus mechanisms to reduce smart contract gas prices. This cost-saving feature could make it appealing to users concerned about transaction fees.

Marlin's low-latency mempool and unique path processing capabilities could improve overall blockchain performance, leading to faster transaction processing and better user experience.

Flexibility For the Creation of Custom-built Tokens

Marlin's flexibility allows for creating custom-built tokens for payments and governance, enabling businesses to tailor solutions to their specific use cases. This flexibility can attract a wide range of corporate scenarios and provide ROI opportunities to the community.

Open Source Protocol

Being an open-source protocol, Marlin allows developers to review the code and other vital aspects, potentially enhancing security and transparency. This openness can be appealing to those who value community-driven projects.

Incentivized Network

Marlin operates as an incentivized network, with network nodes and Metanodes receiving rewards for their contributions to the network. This incentivization mechanism can attract users and participants looking to earn rewards by actively participating in the network.

Marlins Strategic Positioning

Marlin's focus on providing infrastructure for DeFi and Web3 applications aligns with the growing interest in these sectors. As DeFi and Web3 gain traction, Marlin's services may become increasingly relevant, potentially leading to broader adoption.

What is Marlin Crypto Price Prediction?

While it is impossible to provide a precise POND price prediction over any timeframe, you could monitor the following factors to gain better insight into the volatility in the Marlin crypto:

Level of Adoption and Growth of Marlin Network

The growth of the Marlin Network, the number of participating nodes, and the increasing awareness of the benefits of Marlin can positively impact the Marlin value. A growing network could enhance adoption and utility, potentially increasing the POND to USD price.

Future Developments in Marlin Ecosystem

Updates, improvements, and new features in the Marlin ecosystem, including the Marlin Protocol and the Marlin Network, can influence investor sentiment and drive adoption, potentially affecting the POND price.

Marlins technical advancements and innovative use cases, such as its solutions for scaling blockchain applications and efficient data transfer, can attract investors and users, potentially positively impacting the price of POND crypto.

Crypto Market Sentiment

The broader trends in the cryptocurrency market, including the performance of major cryptocurrencies like Bitcoin and Ethereum, can have a spillover effect on altcoins like Marlin. Bullish or bearish market conditions can influence investor behavior and impact the $POND price.

What Is POND Token Used For?

$POND is the native token of the Marlin ecosystem and has the following functions:

Compensate Selected Auditors

POND tokens can compensate selected auditors and users in case of a Service Level Agreement (SLA) breach. It ensures that the network remains reliable and accountable to its users.

Staking POND on Marlin Network

POND holders can stake their tokens to run validator nodes on the Marlin network. By staking POND, participants can earn rewards for contributing to the network's operation.

Form Governance Proposals

POND holders can form their own governance proposals and vote on other proposals. This process gives the community a say in resource allocation and decision-making within the Marlin network.

Trade or HODL POND

Trade Marlin crypto on BYDFi against other digital assets to make the most of the crypto markets volatility. Buy or sell POND, or hold it long-term if you believe in the future potential of the Marlin Protocol. Ensure you make any new trade in the crypto market only after doing your own research (DYOR).

How to Stake POND on Marlin

Heres how you can stake POND on Marlin Protocol and earn staking rewards:

1. Fund your wallet by buying POND on BYDFi or other supported wallets and withdrawing your tokens to your wallet.

2. Visit the Marlin dApp and connect your wallet to it.

3. Once logged in, click Add Stash to start the staking process.

4. Enter the amount of POND tokens you wish to delegate and click the Approve button.

5. After the approval transaction is mined, set the designated address as the operator and click confirm to create your stash.

6. Confirm that the create stash transaction will be propagated on the Ethereum network.

  1. Once this transaction is mined, you can see your delegated amount and options to undelegate, withdraw, and claim rewards.

What Is Marlin (POND) Tokenomics?

The total supply of POND tokens is 8,087,375,977, while the total supply of MPOND (Marlin Protocol governance token) is limited to 10,000. MPOND plays a significant role in the Marlin network's governance.

According to Marlins official documentation, the POND token distribution is as follows:

1. Ecosystem: 31.9%

2. Staking Rewards: 21.8%

3. Private Sale: 17.2%

4. FlowMint: 16%

5. Other: 13%