Technical interpretation: How does Merlin Chain work?
This article will focus on the Merlin Chain technical solution and interpret its publicly available documents and protocol design ideas.
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Merlin Chain staking activity started for two hours, TVL exceeded 53 million US dollars
08/02/2024 23:01
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The controversy surrounding Merlin escalates, and the Twitter comment section has been overwhelmed
Merlin Chain (MERL) enhances Bitcoin with scalability and interoperability but faces controversy. Criticisms on Twitter include locked-up coins, poor customer service, and speculation of a hack.
Huang BoMerlin Chain: Enabling Bitcoin Expansion and Unleashing Bitcoin’s Potential
Merlin Chain is a new player in the Bitcoin Layer 2 ecosystem that leverages a decentralized oracle network, an on-chain BTC fraud prevention module, and zero-knowledge (ZK) convolutions to improve Bitcoin’s scalability and efficiency.
JinseFinanceMerlin technical solution interpretation: How does it work?
Focus on the Merlin Chain technical solution and interpret its publicly available documents and protocol design ideas.
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JinseFinanceTechnical analysis: How to help Merlin reach US$4 billion in TVL
"Chain abstraction" is another concept derived from account abstraction, with the purpose of improving users' seamless interaction experience between different blockchains.
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Merlin Chain is a ZK Rollup Bitcoin second-layer network launched by the development team of the well-known BRC-420 blue box and Bitmap that supports multiple types of native Bitcoin assets and is compatible with EVM.
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