What is Marlin?
Marlin is a protocol that aims to scale peer-to-peer networks by improving communication between nodes. POND, an Ethereum token, powers the Marlin protocol and is used to delegate to Marlin nodes and as a reward for operating the relay network correctly. The Marlin protocol aims to provide a high-performance and configurable network architecture for DeFi and Web3. The company intends to make Web3 experiences fast, trustworthy, and safe by reinventing the networking architecture behind blockchains.
The problem with current decentralized systems is that they are based on the public internet, an asynchronous, best-effort communication system that has no assurances of reliable communication. Due to their centralized structure, decentralized systems are unable to use strategies like the use of private lines, CDNs (content delivery network), and SD-WANs (software-defined wide-area networks). Thus, they accept the performance sacrifice imposed by the public internet as inevitable. Furthermore, block and transaction propagation in today's decentralized networks are incompatible because nodes become aware of the information and compete for the same rewards.
Marlin aims to provide a solution to these problems by introducing a network marketplace where relay networks compete to carry blocks for the same blockchain. This enables decentralized systems to use high-performance relay networks without sacrificing decentralization. In addition, Marlin offers higher throughput for blockchain platforms, lower costs, faster finality, and better-performing decentralized cloud services. Moreover, users of the Marlin network (wallets, merchants, etc.) receive the most recent transactions and blocks from the blockchain platforms they are interested in.
In summary, Marlin is a protocol that aims to revolutionize the way decentralized systems communicate and scale by utilizing high-performance relay networks. The POND token powers the network and can be used for delegation and rewards for operating the relay network correctly. The MPOND token is used for governance and staking on the network, allowing for voting on the future of the protocol.
The Marlin team, founded in 2018, believes that their protocol can provide faster, more reliable, and secure Web3 experiences for users. With a total supply of 10 billion POND, the token economy of Marlin aims to incentivize participation and growth of the network. The company's goal is to provide a decentralized solution for high-performance networking without compromising on decentralization and security.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.Try for Free