💪The key to fund security: the ultimate guardian of the survival of the public chain
Today, let's share why Merlin Chain has attracted much attention and expectations from the market!
🛡 Merlin Chain: The security guardian of $3.5 billion in funds
Merlin Chain, the new upstart of Bitcoin's native second-layer network, has become a hot spot in the crypto world since its launch with its astonishing $3.5 billion TVL and the participation of more than 200 projects. With the influx of a large amount of liquidity, how Merlin Chain ensures the security of this huge amount of funds has become the focus of community attention.
🔒 Multi-layer security architecture, building a solid defense line
Merlin Chain takes security as a core consideration at the beginning of its design. Through a decentralized Oracle node system, diversified asset support, real-time monitoring and flexible exit mechanism, Merlin Chain effectively resists single point failure and centralization risks. In addition, cooperation with Celestia ensures the openness and transparency of data and on-chain storage, thereby enhancing the transparency and credibility of the network.
🌐 Inheriting Bitcoin's security and providing Layer2
Merlin Chain adopts Taproot-based aggregated zero-knowledge proof to submit the second-layer data to Bitcoin's first layer for security verification, ensuring the safety and reliability of transactions. At the same time, through Cobo's MPC wallet solution, institutional-level asset management security is achieved, ensuring the non-custodial and security of funds.
🔍 Joint security team to jointly maintain ecological security
Merlin Chain not only works hard on its own security, but also joins forces with many well-known security teams including Slowmist to establish the Merlin Security Committee to jointly provide security for ecological projects. In addition, through third-party platforms such as mistTrack, users can monitor on-chain data in real time, further improving the transparency of fund security.
💡 Future Outlook: Continue to increase investment to ensure ecological prosperity
Merlin Chain plans to continue to increase investment in the security field in the future, including increasing CouncilGrants and MerlinBugBounty programs, encouraging community members to actively participate in ecological security construction and jointly maintain it.
We believe that Merlin Chain has ensured the safety of $3.5 billion in funds in its ecosystem through a series of innovative security measures and collaborations.
http://m.theblockbeats.info/news/52665