According to BlockBeats, Sunny Teng, the head of the Merlin Chain ecosystem, attended the Infra Summer 2024 Infrastructure Summit hosted by Nubit on July 10. During a discussion on Bitcoin innovation, Teng shared the latest applications and development trends of Merlin in the Bitcoin ecosystem.

Teng stated that Merlin Chain is currently one of the largest Layer 2 solutions in the Bitcoin ecosystem. The team is dedicated to providing a more efficient Proof of Stake (PoS) mechanism and a broader range of decentralized financial applications through innovative technology.

The Infra Summer 2024 Infrastructure Summit, organized by modular blockchain project Nubit, took place in the afternoon of July 10 at EthCC. The event brought together many top figures in the blockchain field, including GP Luke Pearson, partner of Polychain Capital, Professor Yu Feng, founder of Nubit, Sankha Banerjee, chief protocol economist of Babylon, Seung Yoon Lee, co-founder and CEO of Story Protocol, Professor Yi Sun, co-founder of Axiom, and Victor Ji, co-founder of Manta Network.

Co-organizers of the summit included Babylon, Manta, L2IV, Merlin, Yala, Story Protocol, Tomo, GAIB, ListaDAO, KXVC, StakeStone, and zkPass. The summit aimed to share the latest insights on Bitcoin innovation, modular and re-collateralization solutions, zero-knowledge technology, and AI infrastructure.