What is POND? Is It Worth the Investment?

During the bear markets of 2022, high fees remain the biggest complaint among crypto users. Marlin provides a low-cost alternative that leverages advanced consensus mechanisms to reduce smart contract gas prices. 

Furthermore, the protocol integrates a low-latency mempool to enhance overall performance. Notably, Marlin can scale vertically to meet growing demand.

What is Marlin (POND)?

Marlin (POND) is a decentralized blockchain infrastructure provider that caters to institutional and web3.0 applications. The platform offers cloud computing and storage solutions for DeFi users. Marlin’s incentivized libp2p features and easy integration have attracted many new users. Here’s what you need to know about Marlin (POND).

The development team of Marlin aimed to remove unreliability from the list of core concerns of their users. By incentivizing network nodes and supporting seamless integration strategies, the platform was designed to be both transparent and more efficient than centralized options.

Features of Marlin

Marlin has many benefits that make it a wise option in certain scenarios. The platform operates as an open-source protocol, which allows other developers to scrutinize the code and other critical aspects of the network. 

Open-source projects are typically more secure since anyone can review the code. Additionally, they eliminate the possibility of any malicious activity hidden in the background code.

Marlin was designed to support various corporate use case scenarios. The platform allows businesses to create new markets and incentivize clients by using custom-built tokens for payments and governance. In this manner, firms can connect with their clients and provide ROI opportunities to the community.

Marlin’s innovative approach is evident in nano-payments. Network creators can decide how network relays are compensated. The most common options are through a foundation, miners, or user fees. Nevertheless, the options are flexible enough to support other setups.

Marlin offers businesses a plug-and-play networking alternative to reduce integration costs. Companies can use Marlin security and other features to improve their results by creating networks. 

The platform includes a host of helpful features, including access to tutorials to get user’s blockchain business up and running with minimal investment.

What is POND? The Native Token of Marlin

Marlin employs a dual utility token approach to achieve its objectives. The first token is POND, which is an ERC-20 compliant asset. Users must hold POND to interact with the features and services provided. Developers need to use POND to pay for the execution of smart contracts. Additionally, users pay fees and receive rewards in the form of POND tokens.

Marlin is a DPoS (Delegated Proof-of-Stake) blockchain that enables users to select nodes to handle network transaction approvals. This system also supports the Marlin VM and is responsible for providing the virtual router interface that developers use to build within the ecosystem.

Summary

Marlin’s protocol is a good fit for the commercial sector due to its low fees and easy programmability. It offers a strong value proposition for enterprise clients looking to enter the blockchain ecosystem. POND is the native token of Marlin.

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or related indexes comes with a risk of financial loss.

Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages ​​and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.