POND Coin price ? All the details about the Marlin project Coin price Prediction – Review and Chart 2022
POND Coin Price Prediction 2024
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POND Coin was one of the cryptocurrencies that entered the radar of investors in 2021, when the Web 3.0 industry was shining. As a result of Marlin’s promised solutions and moves in crypto, users want to access detailed information about the POND token. In this guide you will be able to master the Marlin project.
Founder and year of founding: Siddhartha, Prateesh and Roshan / 2018
Blockchain: Ethereum
Total supply: 10 billion
Circulating supply: 736 million
Market cap: $48 million (January 15th) 2022)
Lowest price: $0.01902
Highest price: $0.38
Aim of the project: The aim of the Marlin project is to adapt applications secured via blockchain to Web3 in terms of performance for users accustomed to Web 2.0.
Usements: Web3
Marlin the (POND) project?
Marlin is an open protocol that provides a high-performance programmable network infrastructure for DeFi and Web 3.0.
POND is the native token on the Marlin platform and is used for governance, rewards for promoting protocol participation, and staking to run nodes on the Marlin network. is protected. Nodes in the Marlin network, called Metanodes, run MarlinVM, which provides a virtual router interface for developers to deploy customized skins and perform edge computations.
Unreliable networks and long block propagation delays are a major factor limiting blockchain throughput. Marlin SDK provides network alternative to increase the throughput of all blockchains with minimal protocol changes. The number of nodes is usually limited to small numbers to guarantee low confirmation times on the blockchain. The Marlin SDK enables blockchains and off-chain protocols to scale to hundreds of thousands of nodes without sacrificing performance.
The packet propagation model over a P2P network reveals the origin of transactions.
Marlin supports Libp2p, a networking framework that allows to write peer-to-peer applications in a decentralized way, thereby making a significant difference to Web3 and any peer-to-peer application relies on networking between distributed nodes to operate.
Marlin therefore the blockchain contains some obscurity. It offers gateways built for Layer 1 and Layer 2 platforms. Unlike several other scaling solutions that suffer from the scalability triad where performance, decentralization or security in the network are sacrificed, improvements at the network layer are not subject to such constraints, which mainly govern the consensus layers.
The developers of the project describe their mission on their official site as follows: : Our mission is to advance the state of peer-to-peer communication systems to power the blockchain platforms, protocols and applications of the future. We believe efficient network protocols are the key to achieving planet-scale decentralized networks. We believe that privacy and anonymity are fundamental principles that should be placed at the network layer.
MPond and POND. POND’s token structure features an ERC-20-based smart contract with a maximum supply of 10 billion, a circulating supply of 736 million. Network rewards are distributed at POND via a subsidy pool for work done by Relays. POND is transferable to relays and may be subject to deductions if the relay to which it is transferred does not follow the protocol.
MPOND is Marlin’s management token. It can be used to create and vote on proposals. It is also necessary to run a Marlin node – each Marlin node requires a certain amount of MPOND to be allocated or handed over. The total supply of MPOND is 10,000. Each cluster must cumulatively have at least 1 MPOND staked or authorized. MPOND corresponds to 1 MPOND = 1 vote. Votes can be exchanged as tokens and used to vote and generate proposals. MPOND can be converted to POND via bridge.
With POND, Marlin’s native token,
can run validator nodes on the network via staking, Make and vote on governance proposals to determine how network resources are allocated,
You can be used to identify a number of network performance monitors and compensate users from an insurance fund.
Where to get POND Token?
Pond is very common on almost all cryptocurrency trading platforms is being traded.