How To Buy Marlin (POND)?

A common question you often see on social media from crypto beginners is “Where can I buy Marlin?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. 

Step 1: Create an account on an exchange that supports Marlin (POND)

First, you will need to open an account on a cryptocurrency exchange that supports Marlin (POND).
We recommend the following based on functionality, reputation, security, support and fees:

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase Marlin (POND) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy Marlin (POND)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Marlin (POND) or Marlin (POND) trading pairs. Look for the section that will allow you to buy Marlin (POND), and enter the amount of the cryptocurrency that you want to spend for Marlin (POND) or the amount of fiat currency that you want to spend towards buying Marlin (POND). The exchange will then calculate the equivalent amount of Marlin (POND) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of Marlin (POND) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

Simplecryptoguide.com

What Is Marlin (POND)?

Marlin is an open protocol that provides a high-performance programmable network infrastructure for DeFi and Web 3.0. The nodes in the Marlin network, called Metanodes, operate the MarlinVM which provides a virtual router interface for developers to deploy customized overlays and perform edge computations.

Notable overlays that can be built using MarlinVM include:

• Low-latency block multicast to scale blockchains
• Low latency mempool sync for arbitrageurs
• Mesh networks
• Anonymity networks like mixnets
• Device optimization and caching responses of API to Infura, Alchemy etc

Marlin is one of the few layer-0 projects focused on network layer optimizations. Similar to Filecoin which is incentivized IPFS, Marlin claims to be the equivalent of an incentivized libp2p. This makes Marlin ubiquitous in the decentralized web as any peer-to-peer application relies on networking between distributed nodes to function. Marlin 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.

Marlin is thus blockchain-agnostic. It offers gateways built for several layer-1 as well as layer-2 platforms. Unlike several other scaling solutions which suffer from the scalability trilemma where either one of performance, decentralization or security is sacrificed, improvements in the network layer are not subject to such constraints which primarily govern consensus layers.

What is the POND token?

Marlin’s native utility token POND is primarily used for:

• Running validator nodes on the network via staking
• Making and voting on governance proposals to determine how network resources are allocated
• Determining a set of network performance auditors and compensating users from an insurance fund in case of an SLA breach

POND is a standard ERC-20 token contract with a total supply of 10 billion.

Who Are the Founders of Marlin?

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

Responsible for the development of Zilliqa, the first high-throughput blockchain to employ sharding in production, Siddhartha has had expexrience working at Microsoft and Adobe and is the author of the 2 US patents. Prateesh is a PhD candidate at the Massachusetts Institute of Technology (MIT) with a focus on Computer Networks and Roshan, an avid open-source enthusiast, was a contributor to the Boost C++ libraries.

The project employs former researchers at Ethereum Foundation, International Collegiate Programming Contest (ICPC) world medallists and developers with experience at Facebook, Cisco and Bosch. It counts the former CEO of Bittorrent and professors at MIT and Princeton amongst its advisors including authors of seminal P2P papers such as Chord DHT. Marlin is backed by the likes of Binance Labs, Electric Capital and Michael Arrington.

Marlin development updates in 2023

Marlin, recognized for its focus on providing a high-performance programmable network infrastructure for DeFi and Web 3.0, has seen significant developments in 2023. Here’s an overview of the most important updates:

• Enhancement of Network Infrastructure: Marlin has continued to develop its core protocol to support DeFi and Web 3.0 applications. The network’s nodes, called Metanodes, operate the MarlinVM, which offers a virtual router interface for developers. This enables the deployment of customized overlays and the performance of edge computations​​.

• Governance and Token Model Improvements: Marlin has made notable strides in its governance structure through the Pond DAO (Decentralized Autonomous Organization). This model allows MPOND holders to propose and vote on governance issues. Additionally, the system features a token model where POND can be converted to MPOND and vice versa, facilitating participation in the network’s governance and operations​​.

• Focus on Validator and Delegator Incentives: Marlin has emphasized incentivizing network operators who provide services within the network. This is achieved through bandwidth mining and a system called FlowMint, which rewards validators and delegators that install Marlin gateways. This approach aims to foster active participation and ensure the robustness of the network​​.

• Continued Community Engagement: The Marlin community remains a central aspect of its ecosystem, with ongoing efforts to engage and grow its user base. The platform actively engages with its community through various social channels and forums, ensuring transparency and involvement in its developmental process​​​​.

These updates mark a significant step forward for Marlin in 2023, reinforcing its commitment to enhancing network performance and community engagement in the blockchain space.

Official website: https://www.marlin.org/

Best cryptocurrency wallet for Marlin (POND)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Marlin (POND)?

Deciding which type of wallet to use depends on a variety of factors, including:

• How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
• What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
• Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
• How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
• What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).