Fund security is undoubtedly the core cornerstone of the survival and development of public chains. Merlin Chain, as a high-profile BTC L2 network, is well aware of its importance and has made every effort to build an indestructible security line for funds of up to 3.5 billion.
In terms of security, Merlin Chain has demonstrated outstanding foresight and innovation. It uses a multi-token staking Oracle node system, which effectively avoids the risk of single point failure through the decentralization of power and transparency of data, ensuring the safe and stable operation of the network. In addition, sharing with Celestia's data availability layer further enhances the verifiability of data and the overall credibility of the network. $BTC
It is worth mentioning that Merlin Chain also adopts the mechanism of Bitcoin layer 1 verification, which means that all data on the second layer are strictly verified by the Bitcoin main network, ensuring the integrity and non-tamperability of the data. This measure not only inherits the security of Bitcoin, but also provides a solid guarantee for Merlin Chain's second-layer transactions.
Merlin Chain also spares no effort in asset management. Close cooperation with Cobo, a well-known digital asset custody service provider, enables the application of MPC wallet solutions, realizes the isolation of hot and cold wallets, and ensures the security and non-custodial nature of funds. Cobo's MPC technology effectively protects the security of private keys through advanced threshold signature schemes, avoiding the risks of private key leakage and single point failure.
In addition, Merlin Chain has actively cooperated with many well-known security teams and third-party platforms to jointly safeguard the security of funds. These partners provide Merlin Chain with all-round security protection through professional security audits and solutions, further enhancing its security.
In summary, Merlin Chain provides rock-solid security for 3.5 billion funds through a series of carefully designed and implemented security measures. Whether it is architecture design, data sharing, layer 1 verification, or asset management and security cooperation, Merlin Chain has demonstrated excellent security performance and professional standards. In this blockchain world full of challenges and opportunities, Merlin Chain has won the trust and support of users with its excellent security.
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