I will definitely use up all the Merlin Magic Books tonight at 18:00, and I will also grab the chance if I have the chance to play B White;
Why is Merlin Chain so popular? How is Merlin's security? How to protect 3.5 billion funds? Answers:
#MerlinSwap#Understand 2920666900#btc#BTCL2#Ordinals. The key theory of fund security: the ultimate guardian of the survival of the public chain. Fund security is directly related to the survival of the public chain. Merlin Chain is an emerging and growing Layer2.
🔥Since the first day of its birth, it has devoted absolute resources to security, and has continued to increase its investment after achieving ecological success. After all, only by keeping the most basic security line of defense can the long-term and sustainable prosperity of the ecology be guaranteed. It is reported that Merlin Chain plans to add Council Grants and Merlin Bug Bounty programs in the future to encourage any individual team to find loopholes and contribute to the ecological security of Merlin Chain.
#MerlinLayer2 Overview of public chain funding security measures
Severe challenges: Fund security is related to the survival of the public chain, and attracting $3.5 billion in TVL requires addressing challenges.
Architectural design security measures
Work with the security team to adopt cryptographic measures such as decentralized oracles and diversified asset support to build a secure and transparent system.
Work with @CelestiaOrg
Enhance network transparency and trust through data guarantees provided by Celestia
Bitcoin Level 1 Verification
Submit Taproot data to the Bitcoin layer for security verification
Asset management security measures
Use MPC wallet solutions to achieve institutional-level security.
Merlin Security Committee cooperates with security companies to review ecological projects and support third-party regulatory platforms
Fund security is the key to the survival of Merlin public chain!
Work with well-known security teams such as SlowMist
Jointly ensure the safety of ecological projects
Third-party monitoring platform mistTrack
Users can monitor on-chain data in real time to improve fund security and transparency.
Plan to add CouncilGrants MerlinBugBounty program
Encourage community participation in ecological security construction
Through a series of security measures and cooperation, the security of $3.5 billion in funds is ensured, laying a solid foundation for the development of the Bitcoin second-layer network and user trust.