Marlin (POND) Price
$0.0082 0.39%
Latest Updates
Updated at 04:46Market cap
$67,218,619.35
Market rank
#479
Volume 24H
$3,099,026.51 3.88%
Price change 24h
+$0.00003 0.39%
Price change 7d
-$0.00055 6.74%
What about Marlin?
Marlin is a unique open protocol that enables a high-performance programmable network infrastructure for Web 3.0 and DeFi. Its nodes or Metanodes run the MarlinVM, which allows developers to deploy customized overlays and perform edge computations. Notable overlays that can be built using MarlinVM include mesh networks, anonymity networks like mixnets, and low-latency block multicast to scale blockchains.
Marlin is a layer-0 project that is blockchain-agnostic and offers gateways built for several layer-1 and layer-2 platforms. It aims to deliver on the promise of a decentralized web where applications secured via the blockchain are indistinguishable in terms of performance to users accustomed to Web 2.0. Unlike several other scaling solutions that suffer from the scalability trilemma, improvements in the network layer are not subject to such constraints, which primarily govern consensus layers.
The Marlin network is secured by a variety of mechanisms, including the network of Ethereum nodes that protect the correctness of execution of Marlin's smart contracts. Additionally, the network uses tunable redundancy via erasure coding to ensure users receive performance and availability guarantees with the SLAs they demand. A network of third-party auditors with probes across the globe also provides constant performance and coverage monitoring for applications that demand higher reliability.
Marlin's 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, and determining a set of network performance auditors. POND can also be earned by converting MPOND to POND via the bridge and staking MPOND towards Marlin Metanodes which receive POND in staking rewards.
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