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COINTURK NEWS > Altcoin News > What is Marlin Coin?
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What is Marlin Coin?

In Brief

  • Marlin is an open protocol that provides high-performance programmable network infrastructure for DeFi and Web 3.0.

  • Nodes in the Marlin network, called Metanodes, run MarlinVM, a virtual router interface that allows developers to deploy customized overlays and perform edge computations.
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COINTURK NEWS 9 months ago
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Marlin is an open protocol that provides high-performance programmable network infrastructure for DeFi and Web 3.0. Nodes in the Marlin network, called Metanodes, run MarlinVM, a virtual router interface that allows developers to deploy customized overlays and perform edge computations.

Contents
What is Marlin (POND)?How to Buy Marlin Coin?

What is Marlin (POND)?

The native service token of the Marlin platform, POND, is used for the following use cases:

  • Running validator nodes in the network through staking
  • Making governance proposals and voting to determine how network resources are allocated
  • Appointing a range of network performance auditors and compensating users from an insurance fund.

Marlin aims to fulfill the promise of a decentralized web where applications secured via blockchain are indistinguishable in performance for users accustomed to Web 2.0.

Marlin is one of the few Layer 0 projects focused on network layer optimizations. Similar to Filecoin, which promotes IPFS, Marlin claims to be an incentivized equivalent to libp2p. This makes Marlin ubiquitously ready in the decentralized web, as any peer-to-peer application relies on network formation among distributed nodes.

Therefore, Marlin is blockchain-agnostic. It offers network gateways for several Layer-1 and Layer-2 platforms. Unlike other scaling solutions suffering from the scalability trilemma where performance, decentralization, or security is sacrificed, improvements at the network layer are mainly not subject to such constraints governing the consensus layers.

On the other hand, the execution correctness of Marlin smart contracts built on top of Ethereum is protected by the Ethereum node network.

Marlin is the brainchild of developers Siddhartha, Prateesh, and Roshan, all of whom have extensive experience in peer-to-peer networking.

Siddhartha, responsible for the development of Zilliqa, the first high-efficiency blockchain using sharding in production, has experience working at Microsoft and Adobe and is the author of 2 US patents. Prateesh is a Ph.D. candidate at the Massachusetts Institute of Technology (MIT) focusing on Computer Networks, and Roshan, an open-source enthusiast, has contributed to the Boost C++ libraries.

How to Buy Marlin Coin?

POND Coin can be purchased quickly and securely via Binance, the world’s largest cryptocurrency trading platform by trading volume.

To buy POND Coin, one must first register with Binance and then send fiat money. Following the transfer of a fiat currency like the the dollar, a purchase transaction can be made in the Bitcoin (BTC), BUSD, and Tether (USDT) POND trading pairs in which POND Coin is traded.

In addition, on Binance, users can place an order to buy at a lower value than the market price by using the Limit tab. This requires entering the amount you want to buy and the price you want to pay.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 6 September, 2024 - 4:17 pm 6 September, 2024 - 4:12 pm
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