Metanodes: How to Run a Metanodes on Marlin Protocol
With the growing popularity of blockchain technology, many businesses are beginning to recognize the technology’s versatility in terms of scalability and security. Communication bottlenecks have plagued user experiences in this era of the Internet of Value, with blockchains promising to be the anchor of trust. Without mincing words, networking, like web 2.0, will become a critical backbone for the decentralized economy. As major projects move toward Web 3, it’s only natural that the networking architecture underpinning blockchains be reimagined to make experiences faster, more trustworthy, and more secure.
Bitcoin’s fundamental technology comes with certain limitations. Over the last few years, there is a significant increase in the number of blockchains projects that have been attempting to solve these and extend the technology’s reach to domains far beyond digital currency.
In almost all decentralized systems, peer-to-peer networks are designed to follow a consistent communication pattern: information produced by one node must be propagated to all other nodes in the network. The predominant pattern in traditional server-client (or point-to-point) architectures is dramatically different from this one-to-many pattern. Surprisingly, many of today’s point-to-point network protocols are incompatible with decentralized systems.
To improve the state of peer-to-peer communication systems to power future blockchain platforms, protocols, and applications, efficient network protocols are essential for achieving decentralized networks on a global scale. Privacy and anonymity are fundamental primitives that must be built into the network layer. Marlin redefines scalability, resiliency, and decentralization at layer 0 thanks to its commitment to open standards. They can improve the privacy and performance of all blockchains by developing such technology.
The network participants benefit from increased incentives as more applications and platforms adopt Marlin. Higher incentives encourage more nodes to join the network, resulting in synergistic network effects that improve performance and ensure anonymity. A single, well-crafted network layer would be pivotal for greater interoperability and would open the door for entirely new kinds of applications.
The Marlin protocol is a leading catalyst committed to making blockchain and web3 use more accessible. Marlin is one of the few layer-0 protocols that offers a variety of features that can help networks run more efficiently and expand their ecosystems.
About Marlin Protocol
Marlin is an open protocol for DeFi and Web 3.0 that provides a high-performance programmable network infrastructure. The Marlin network’s nodes, known as Metanodes, run the MarlinVM, a virtual router interface that allows developers to deploy customized overlays and perform edge computations. Because the overlays in Marlin are built by the Marlin VM, they will include exceptional features such as the following:
● Determining a set of network performance auditors and compensating
● Improve scalability by lowering blockchain latency.
● High decentralization.
● Improve scalability by lowering blockchain latency.
● Using Marlin Foundry and the Marlin SDK, create anonymous networks.
● Advanced caching improves response times.
POND, the native utility token, is used for:
- Staking validator nodes on the network.
- Creating and voting on governance proposals to determine how network resources are allocated.
- Choosing a group of network performance auditors and compensating users from an insurance fund in the event of a service level agreement (SLA) breach.
Marlin aims to deliver on the promise of a decentralized web where blockchain-secured applications are indistinguishable from Web 2.0 applications in terms of performance.
As a protocol built on top of the Ethereum network, Marlin provides developers and users with several tools to help them optimize their applications, including:
i. Multicast SDK: Allows developers to connect and interface with the Marlin Network in applications such as games and streaming apps. It serves as a common building block for its nodes and allows them to communicate in real-time.
ii. Marlin Cache: Is a distributed event-driven caching system for Dapps that reduces blockchain queries through an indexing strategy.
● Marlin Gateway: Allows large blocks and transactions to be exchanged without the use of a centralized node. Traders can take advantage of gas price auctions while scaling blockchains with short transaction times at layer 0 by using low latency relays.
What are Metanodes?
Metanodes all over the world share bandwidth to support Marlin foundry networks. In exchange for fees, metanodes are rewarded for relaying pockets. The Gray nodes contain sub-workflows and provide hashers, mining pools, and professional staking companies with a reliable revenue stream at a low cost. In script-based tools, they act as functions or macros. Metanodes are useful for decluttering clogged workflows. In your workflows, you can identify isolated blocks of logical operations and place them inside a metanode or a component. With fewer nodes than the original workflow, your workflow will appear neat.
How to Run Metanodes?
In the Marlin protocol, Metanodes are carried out through a Relay system; a group of Marlin nodes that work together to propagate packets among themselves and deliver them to miners or full nodes according to the protocol of the users who use its services in advertised geographies with pre-specified SLAs. Multiple relay networks compete to carry blocks for the same blockchain on the Marlin network, which is a marketplace for such networks.
The Marlin network’s operation can be divided into four sections: creation, management, packet propagation, and monitoring.
Once a relay network has been built using a set of available Marlin nodes, the network must be well-managed so that individual nodes with poor performance do not harm the network as a whole. Miners are subscribed to all relay networks that serve the blockchain they are mining on, and they choose a few relay networks at random to publish blocks to. These relay networks will be chosen at random and are expected to notify and deliver blocks to all subscribers with pre-arranged performance guarantees.
The POND token is a native token of the Marlin network. Marlin nodes are required to use POND to be a part of a relay network, which entitles them to network fees. The POND value that must be staked is not only a reflection of their expected revenue but also of the cost to their users if it fails. If the relay network fails to deliver blocks or transactions, stakes are lowered within a certain timeframe.
Defaulting relay networks are penalized thanks to a monitoring mechanism in place.
Conclusion
Marlin is committed to ensuring running metanodes is made easy by putting together a team of world-class network and distributed systems experts, but Marlin isn’t your typical company. They believe that the true promise of decentralized systems will be realized when all stakeholders’ incentives are aligned with the ecosystem’s progress. Marlin is a developer and expert community to make blockchain technology more reliable and efficient for everyone. You can never go wrong with running a metanode, whether you’re a professional miner or a blockchain enthusiast looking to secure your network.
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