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BTC生态

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#meme板块关注热点 The market hotspot rotates very quickly, a real fan market. The heat of meme coins is fading. $PEPE $FLOKI and other #meme_coin that soared before today have all experienced a significant correction. Under the situation that the two major mainstream coins are not obviously unilateral, players began to turn their attention to the rune/inscription section of #btc生态 . Whether it is the newly launched rune token X or the old inscription token $ORDI $sats $rats, when the surroundings are red, there is still a green rise, and an independent market has emerged. Before the Federal Reserve reaches a consensus on the timing and magnitude of the interest rate cut, whether it is Powell or any dovish or hawkish Fed chairman’s remarks, it will cause the financial market to re-evaluate future risk preferences, and then have a direct impact on assets with different risk preferences. As the scale of #BTCETF increases step by step, traditional financial institutions such as BlackRock are more involved in Bitcoin market transactions, and the cryptocurrency market is becoming more closely connected with traditional financial markets such as stocks, bonds, gold, and crude oil. The interaction between them is also closer. Whenever the market is not clear about the upward or downward trend, various niche theme assets will be popular. Of course, when the market fluctuates back and forth and makes most people at a loss, there will be more and more crooked profit-making behaviors inside and outside the market, and hacker attacks and project absconding will emerge. The first purpose of choosing any coin and doing any transaction is to make a profit. As long as you can continue to make a profit, the transaction you make is correct. #EarnFreeCrypto2024
#meme板块关注热点 The market hotspot rotates very quickly, a real fan market. The heat of meme coins is fading. $PEPE $FLOKI and other #meme_coin that soared before today have all experienced a significant correction.

Under the situation that the two major mainstream coins are not obviously unilateral, players began to turn their attention to the rune/inscription section of #btc生态 . Whether it is the newly launched rune token X or the old inscription token $ORDI $sats $rats, when the surroundings are red, there is still a green rise, and an independent market has emerged.

Before the Federal Reserve reaches a consensus on the timing and magnitude of the interest rate cut, whether it is Powell or any dovish or hawkish Fed chairman’s remarks, it will cause the financial market to re-evaluate future risk preferences, and then have a direct impact on assets with different risk preferences.

As the scale of #BTCETF increases step by step, traditional financial institutions such as BlackRock are more involved in Bitcoin market transactions, and the cryptocurrency market is becoming more closely connected with traditional financial markets such as stocks, bonds, gold, and crude oil. The interaction between them is also closer.

Whenever the market is not clear about the upward or downward trend, various niche theme assets will be popular. Of course, when the market fluctuates back and forth and makes most people at a loss, there will be more and more crooked profit-making behaviors inside and outside the market, and hacker attacks and project absconding will emerge.

The first purpose of choosing any coin and doing any transaction is to make a profit. As long as you can continue to make a profit, the transaction you make is correct.
#EarnFreeCrypto2024
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Bullish
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Inventory of potential 100x tracks in the next bull market: Btc ecosystem: Runes, BRC20 Sol ecosystem Ton ecosystem Meme ETF concept Depin pseudo-mining concept AI+ concept RWA Must have the following characteristics: new narrative, new assets, new gameplay. For example, Ton chain mini-game airdrop + Ponzi gameplay + meme attributes, new assets and new gameplay appear on Ordinals/Runes or other Btc protocols; the first layer is the asset issuance end, and the second layer is expanded. In short, always be open and inclusive to new things, dare to try, always respect the market, and continue to learn from the market. #TON #btc生态 #AI幣 #Depin赛道
Inventory of potential 100x tracks in the next bull market:

Btc ecosystem: Runes, BRC20
Sol ecosystem
Ton ecosystem
Meme
ETF concept
Depin pseudo-mining concept
AI+ concept
RWA

Must have the following characteristics: new narrative, new assets, new gameplay. For example, Ton chain mini-game airdrop + Ponzi gameplay + meme attributes, new assets and new gameplay appear on Ordinals/Runes or other Btc protocols; the first layer is the asset issuance end, and the second layer is expanded.

In short, always be open and inclusive to new things, dare to try, always respect the market, and continue to learn from the market.

#TON #btc生态 #AI幣 #Depin赛道
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Xiao Miao compiled a list of tracks and targets to focus on in September: 1. Optimistic about the BTC ecosystem, including BTC staking, wBTC competitors ($T), inscriptions/runes ($SATS, $ORDI) and $RUNE; 2. Pay attention to UNI in the DeFi field, which is an important catalyst for the current DeFi ecosystem. In addition, $COW is also making some small moves; 3. The cold reception of the Solana ecosystem may bring bargain hunting opportunities. $JTO, $CLOUD, $DRIFT, and $KMNO are all targets worthy of attention. See which one can attract market attention; 4. Be cautious when considering RWA targets. $MPL and $CPOOL are two projects worthy of attention; 5. MakerDAO's name change may bring market speculation opportunities, and $LQTY also has potential benefits; 6. CZ's release from prison is a positive expectation for $BNB-related projects; 7. Pendle is moving closer to the BTCFi field. #非农就业数据即将公布 #英伟达财报 #btc生态
Xiao Miao compiled a list of tracks and targets to focus on in September:
1. Optimistic about the BTC ecosystem, including BTC staking, wBTC competitors ($T), inscriptions/runes ($SATS, $ORDI) and $RUNE;
2. Pay attention to UNI in the DeFi field, which is an important catalyst for the current DeFi ecosystem. In addition, $COW is also making some small moves;
3. The cold reception of the Solana ecosystem may bring bargain hunting opportunities. $JTO, $CLOUD, $DRIFT, and $KMNO are all targets worthy of attention. See which one can attract market attention;
4. Be cautious when considering RWA targets. $MPL and $CPOOL are two projects worthy of attention;
5. MakerDAO's name change may bring market speculation opportunities, and $LQTY also has potential benefits;
6. CZ's release from prison is a positive expectation for $BNB-related projects;
7. Pendle is moving closer to the BTCFi field.
#非农就业数据即将公布 #英伟达财报 #btc生态
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The BTC ecosystem (BTCFi/Staking/L2) is about to have a wave, the feeling is getting stronger and stronger, undercurrents are surging... #btc生态 #BTC
The BTC ecosystem (BTCFi/Staking/L2) is about to have a wave, the feeling is getting stronger and stronger, undercurrents are surging...

#btc生态 #BTC
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$BTC $ETH # Let’s talk about the security of#Merlinchaintoday Merlin Chain is undoubtedly the hottest Bitcoin-native second-layer network at the moment. The mainnet reached an astonishing TVL of $3.5 billion within 30 days of its launch, attracting more than 200 projects to enter construction. After Merlin launched second-layer mapped assets, multiple ecological projects successively released major updates, and hundreds of millions of dollars of liquidity poured in. The unprecedented popularity once caused congestion on the Bitcoin network. But if an ecosystem takes on billions of funds, in addition to bringing a prosperous ecosystem and liquidity, it also means being exposed to the dangerous dark forest of blockchain. As an emerging #BTCL2, Merlin has considered security in every aspect of its architecture design, and has joined forces with multiple security teams such as SlowMist, adding layers of plug-ins to jointly build a solid line of defense for fund security. Merlin Chain uses a multi-token pledge Oracle node system. The sequence node is responsible for collecting and batch processing transactions, generating compressed transaction data, ZK state roots and proofs. This data is compiled by the Oracle Network Execution Circuit and uploaded into Taproot on the Bitcoin mainnet, making it publicly accessible to the entire network. Diversified assets: Supports the pledge of $BTC , $MERL and other mainstream brc20 assets, improving flexibility and risk resistance. Agent pledge: Not only allows users to directly pledge assets to become Oracle nodes, but also provides more flexible agent pledge options, allowing users to entrust assets to existing and reputable Oracle nodes for management Real-time monitoring: Users can view their agent pledge status and income in real time, as well as the performance records of agent nodes Exit mechanism: Provide a flexible exit mechanism, users can withdraw their assets at any time to ensure the liquidity of funds By decentralizing power and data, Merlin Chain resists the risks of single points of failure and centralization. Share DA layer security with Celestia The data storage layer (DA) is similar to a database, where all original transactions of the execution layer are stored for subsequent verification and confirmation. For Layer2, the openness, transparency and on-chain storage of DA are extremely important. If the latest transaction data is refused to be uploaded to a trusted platform, data withholding attacks will lead to network scrapping and may prevent users from successfully withdrawing funds.#Merlin#MerlinSwap #btc生态
$BTC $ETH #
Let’s talk about the security of#Merlinchaintoday
Merlin Chain is undoubtedly the hottest Bitcoin-native second-layer network at the moment. The mainnet reached an astonishing TVL of $3.5 billion within 30 days of its launch, attracting more than 200 projects to enter construction. After Merlin launched second-layer mapped assets, multiple ecological projects successively released major updates, and hundreds of millions of dollars of liquidity poured in. The unprecedented popularity once caused congestion on the Bitcoin network. But if an ecosystem takes on billions of funds, in addition to bringing a prosperous ecosystem and liquidity, it also means being exposed to the dangerous dark forest of blockchain.
As an emerging #BTCL2, Merlin has considered security in every aspect of its architecture design, and has joined forces with multiple security teams such as SlowMist, adding layers of plug-ins to jointly build a solid line of defense for fund security.
Merlin Chain uses a multi-token pledge Oracle node system. The sequence node is responsible for collecting and batch processing transactions, generating compressed transaction data, ZK state roots and proofs. This data is compiled by the Oracle Network Execution Circuit and uploaded into Taproot on the Bitcoin mainnet, making it publicly accessible to the entire network.
Diversified assets: Supports the pledge of $BTC , $MERL and other mainstream brc20 assets, improving flexibility and risk resistance.
Agent pledge: Not only allows users to directly pledge assets to become Oracle nodes, but also provides more flexible agent pledge options, allowing users to entrust assets to existing and reputable Oracle nodes for management
Real-time monitoring: Users can view their agent pledge status and income in real time, as well as the performance records of agent nodes
Exit mechanism: Provide a flexible exit mechanism, users can withdraw their assets at any time to ensure the liquidity of funds
By decentralizing power and data, Merlin Chain resists the risks of single points of failure and centralization.
Share DA layer security with Celestia
The data storage layer (DA) is similar to a database, where all original transactions of the execution layer are stored for subsequent verification and confirmation. For Layer2, the openness, transparency and on-chain storage of DA are extremely important. If the latest transaction data is refused to be uploaded to a trusted platform, data withholding attacks will lead to network scrapping and may prevent users from successfully withdrawing funds.#Merlin#MerlinSwap #btc生态
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Bullish
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The recent price of $ORDI in the BTC ecosystem shows a strong upward trend! ORDI is the first NFT based on Bitcoin. The Ordinals protocol is a system for numbering sats, giving each sat a serial number, so that the Ordinals protocol gives each sat the uniqueness of inscription Due to the promotion of market sentiment and the popularity of the BRC-20 inscription sector (ORDI is the representative token of the inscription sector), the current price of 35.56 yesterday led fans to ambush ordi, and it has risen by 15.98! I have always been optimistic about and continue to pay attention to ORDI. Old friends continue to hold it, and look at 100-200u in the medium and long term! Friends who want to keep up with the operation can pay attention to the message and leave your opinion in the comment area! ! #ordi​​​ #btc生态
The recent price of $ORDI in the BTC ecosystem shows a strong upward trend!

ORDI is the first NFT based on Bitcoin. The Ordinals protocol is a system for numbering sats, giving each sat a serial number, so that the Ordinals protocol gives each sat the uniqueness of inscription

Due to the promotion of market sentiment and the popularity of the BRC-20 inscription sector (ORDI is the representative token of the inscription sector), the current price of 35.56 yesterday led fans to ambush ordi, and it has risen by 15.98!

I have always been optimistic about and continue to pay attention to ORDI. Old friends continue to hold it, and look at 100-200u in the medium and long term!

Friends who want to keep up with the operation can pay attention to the message and leave your opinion in the comment area! ! #ordi​​​ #btc生态
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🔥The popularity of #比特币铭文 last year was just like the craze of #Solana⁩ a few days ago. It is not an exaggeration to say that the crowds were empty. The difference is that the tugo craze lasted only a few days, while the inscription craze can be said to last throughout 2023! ⭐ $ORDI and $1000SATS were listed on Binance successively. #RATS also contributed a lot. The army of thousands of#ratspromoted the vigorous development of Inscription! 🍀Bitcoin is about to usher in its halving, #btc生态 will definitely have great potential and the storm will rise again! Inscriptions are the first essence of the Bitcoin ecology. As long as the Bitcoin ecology is mentioned, the first thing that comes to mind must be the inscriptions. When it comes to the inscriptions, you will definitely think of $RATS! 💪🏻 #RATS is the community with the strongest consensus and the No. 1 cohesion I have ever seen! One mouse can go very fast, but thousands of mice can go very far! 💎Be determined but not sharp, success will take a long time but not soon 💎The road is long and long, I will search up and down 🐭To the millions of rat family members, let’s meet at the top together with RATS!
🔥The popularity of #比特币铭文 last year was just like the craze of #Solana⁩ a few days ago. It is not an exaggeration to say that the crowds were empty. The difference is that the tugo craze lasted only a few days, while the inscription craze can be said to last throughout 2023!

$ORDI and $1000SATS were listed on Binance successively. #RATS also contributed a lot. The army of thousands of#ratspromoted the vigorous development of Inscription!

🍀Bitcoin is about to usher in its halving, #btc生态 will definitely have great potential and the storm will rise again! Inscriptions are the first essence of the Bitcoin ecology. As long as the Bitcoin ecology is mentioned, the first thing that comes to mind must be the inscriptions. When it comes to the inscriptions, you will definitely think of $RATS!

💪🏻 #RATS is the community with the strongest consensus and the No. 1 cohesion I have ever seen! One mouse can go very fast, but thousands of mice can go very far!

💎Be determined but not sharp, success will take a long time but not soon
💎The road is long and long, I will search up and down
🐭To the millions of rat family members, let’s meet at the top together with RATS!
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#btc #brc20 #铭文 #satx #btc生态 The starting point of this bull market is the Bitcoin brc20 inscription. Most of the benefits in the future will be reflected in the btc ecology. satx is the first inscription in brc20 that targets accurate Satoshi, and is the only number that conforms to the Satoshi Nakamoto white paper! If you don’t have Bitcoin yet, everyone should hold 100 million satx. The cost of holding 10 billion in the early stage is also very low. When you own satx, you have already outperformed most people in the future. The first real Bitcoin Satoshi to benchmark the number of Bitcoin "satoshi" 2,099,999,997,690,000 (this number is based on the Satoshi Nakamoto white paper) satx is a huge layout, the hardest narrative, and the greatest vision! How to join: Just search#satxin okweb3 wallet market Telegram: Search satx1000x
#btc #brc20 #铭文 #satx #btc生态

The starting point of this bull market is the Bitcoin brc20 inscription. Most of the benefits in the future will be reflected in the btc ecology. satx is the first inscription in brc20 that targets accurate Satoshi, and is the only number that conforms to the Satoshi Nakamoto white paper! If you don’t have Bitcoin yet, everyone should hold 100 million satx. The cost of holding 10 billion in the early stage is also very low. When you own satx, you have already outperformed most people in the future.

The first real Bitcoin Satoshi to benchmark the number of Bitcoin "satoshi"
2,099,999,997,690,000 (this number is based on the Satoshi Nakamoto white paper)

satx is a huge layout, the hardest narrative, and the greatest vision!

How to join: Just search#satxin okweb3 wallet market

Telegram: Search satx1000x
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Sherlock helps you gain insight into web3 #BTC走勢分析 The market has been sluggish recently, but the trading volume has slowed down and has entered a flattening period; we can continue to observe the signal of volume increase, and the price should not be lower than 60,000 #btc生态 Babylon testnet was done once, but not later; B2_ has been staking, and bitlayer seems to have no news since the last first mining festival, and Merlin has almost transferred the assets
Sherlock helps you gain insight into web3
#BTC走勢分析
The market has been sluggish recently, but the trading volume has slowed down and has entered a flattening period; we can continue to observe the signal of volume increase, and the price should not be lower than 60,000
#btc生态
Babylon testnet was done once, but not later; B2_ has been staking, and bitlayer seems to have no news since the last first mining festival, and Merlin has almost transferred the assets
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Yesterday's ZK airdrop had few beneficiaries. Now the interactive airdrops of the ETH ecosystem are getting more and more competitive, and the returns are getting lower and lower. Today, I saw a player sorting out the project opportunities of the BTC ecosystem. We can learn about the BTC ecosystem together, and understand the gameplay and hot spots of different ecosystems. It just feels that the interaction of the BTC ecosystem consumes too much gas 😂😂 #BTC☀ #btc生态
Yesterday's ZK airdrop had few beneficiaries.
Now the interactive airdrops of the ETH ecosystem are getting more and more competitive, and the returns are getting lower and lower.
Today, I saw a player sorting out the project opportunities of the BTC ecosystem.
We can learn about the BTC ecosystem together, and understand the gameplay and hot spots of different ecosystems.
It just feels that the interaction of the BTC ecosystem consumes too much gas 😂😂
#BTC☀ #btc生态
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This round, I only focus on two things: 1. BTC ecology, BRC20 and runes, the bulls are still there, the new narrative will continue to hype, and the big institutions have not entered the market yet, the potential is unlimited; 2. Solana ecology, no need to say more, any project issued is worth hundreds of millions, the background is strong, participate more and seize the opportunity; #btc生态 #solana生态
This round, I only focus on two things:

1. BTC ecology, BRC20 and runes, the bulls are still there, the new narrative will continue to hype, and the big institutions have not entered the market yet, the potential is unlimited;

2. Solana ecology, no need to say more, any project issued is worth hundreds of millions, the background is strong, participate more and seize the opportunity;

#btc生态 #solana生态
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$1000SATS is indeed the fuel of the unisat wallet $1000SATS brc20 is great again SATS is the ninth inscription token on the Brc-20 protocol. The full name is satoshis, which is the smallest unit of bitcoin, abbreviated as satoshis, also known as bit satoshis. 1 BTC = 100 million satoshis. The total amount is 2100 trillion, corresponding to 21 million BTC. UniSat officially reconfirmed Unisat swap and Fractal Bitcoin on July 7. Both are based on the BRC-20 protocol and use BRC-20SATS as gas fees. As the largest wallet hub in the BRC-20 ecosystem, UniSat not only supports SATS as the gas fee for swap, but also uses it as the basic transaction token for brc20swap. Such measures have brought a large number of active users to SATS, and most importantly, enabled the application attributes of SATS. #加密市场急跌 #btc生态
$1000SATS is indeed the fuel of the unisat wallet
$1000SATS brc20 is great again

SATS is the ninth inscription token on the Brc-20 protocol. The full name is satoshis, which is the smallest unit of bitcoin, abbreviated as satoshis, also known as bit satoshis.

1 BTC = 100 million satoshis. The total amount is 2100 trillion, corresponding to 21 million BTC. UniSat officially reconfirmed Unisat swap and Fractal Bitcoin on July 7. Both are based on the BRC-20 protocol and use BRC-20SATS as gas fees.

As the largest wallet hub in the BRC-20 ecosystem, UniSat not only supports SATS as the gas fee for swap, but also uses it as the basic transaction token for brc20swap.

Such measures have brought a large number of active users to SATS, and most importantly, enabled the application attributes of SATS. #加密市场急跌 #btc生态
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CWEB Popularity 4🌟🌟🌟🌟 Creativity 5🌟🌟🌟🌟🌟 Potential 5🌟🌟🌟🌟🌟 Overall 4.6 Mainly featuring cross-chain communication protocol, supporting scalable consensus-free verification across asynchronous shards, solving the cross-chain problem of the big pie ecosystem, with huge potential, and expected by the big institute #BTC #btc生态 #STX $BTC #CWEB
CWEB
Popularity 4🌟🌟🌟🌟
Creativity 5🌟🌟🌟🌟🌟
Potential 5🌟🌟🌟🌟🌟
Overall 4.6
Mainly featuring cross-chain communication protocol, supporting scalable consensus-free verification across asynchronous shards, solving the cross-chain problem of the big pie ecosystem, with huge potential, and expected by the big institute #BTC #btc生态 #STX $BTC #CWEB
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Merlin——Why it became the leader of BTC ecosystemMerlin has been extremely popular recently, some people are jealous, and all kinds of rumors are flying around. To be honest, it is no accident that Merlin is so popular today. Behind it is the result of the team's silent hard work and continuous innovation in the Bitcoin ecosystem, as well as the strong support of the community and win-win cooperation with other public chains, not to mention its rock-solid financing and security foundation. If you don’t know much about @MerlinLayer2, hurry up and read this article to see how Merlin got to where it is today step by step. How does the Merlin Chain unite people from all walks of life? There are secrets of growth in it.

Merlin——Why it became the leader of BTC ecosystem

Merlin has been extremely popular recently, some people are jealous, and all kinds of rumors are flying around. To be honest, it is no accident that Merlin is so popular today. Behind it is the result of the team's silent hard work and continuous innovation in the Bitcoin ecosystem, as well as the strong support of the community and win-win cooperation with other public chains, not to mention its rock-solid financing and security foundation.





If you don’t know much about @MerlinLayer2, hurry up and read this article to see how Merlin got to where it is today step by step.

How does the Merlin Chain unite people from all walks of life? There are secrets of growth in it.
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#btc#brc20#scribe#satx#btc生态 satx, buy and hold cx. I would like to give advice to the latecomers in the comment area. No matter you have money or not, hold at least 10 billion satx. When the bull market comes, you will definitely be moved to tears because of the money! How to buy: okweb3 wallet, search satx in the market, buy 10 billion pieces. Telegram: Search satx1000x
#btc#brc20#scribe#satx#btc生态

satx, buy and hold cx. I would like to give advice to the latecomers in the comment area. No matter you have money or not, hold at least 10 billion satx. When the bull market comes, you will definitely be moved to tears because of the money!

How to buy: okweb3 wallet, search satx in the market, buy 10 billion pieces.

Telegram: Search satx1000x
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#btc生态 Big pancake reaches a new high. The three big fools of the pancake ecology are really not making any noise, while the memes from other chains are getting fiercer one after another. What's going on?
#btc生态

Big pancake reaches a new high. The three big fools of the pancake ecology are really not making any noise, while the memes from other chains are getting fiercer one after another. What's going on?
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Bullish
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Everything in the Bitcoin ecosystem is rising rapidly. I saw 🐧a few days ago about a blue box, which cost more than 5,000u each, but I didn’t buy it... Now it’s 20,000 yuan per person, and his legs are broken! [tears][tears][tears] $BTC $ORDI $1000SATS #ORDl #BTC #btc生态 #BRC420 #BRC100
Everything in the Bitcoin ecosystem is rising rapidly.

I saw 🐧a few days ago about a blue box, which cost more than 5,000u each, but I didn’t buy it...
Now it’s 20,000 yuan per person, and his legs are broken! [tears][tears][tears]

$BTC $ORDI $1000SATS

#ORDl
#BTC
#btc生态
#BRC420
#BRC100
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Let's talk about the security of #Merlinchain today Merlin Chain is undoubtedly the hottest native second-layer network of Bitcoin at the moment. The mainnet reached an astonishing TVL of 3.5 billion US dollars in 30 days after it was launched, attracting more than 200 projects to enter the construction. After Merlin launched the second-layer mapping assets, multiple ecological projects successively released major updates, and hundreds of millions of US dollars of liquidity poured in. The unprecedented popularity once caused congestion in the Bitcoin network. But if an ecosystem undertakes billions of funds, in addition to bringing prosperity to the ecology and liquidity, it also means being exposed to the dangerous dark forest of blockchain. As an emerging #BTCL2 , Merlin has taken security into consideration in every aspect of its own architecture design, and has joined forces with multiple security teams such as SlowMist, plus layers of plug-ins, to jointly build a strong defense line for fund security. Merlin Chain adopts a multi-token pledge Oracle node system. The sequence node is responsible for collecting and batch processing transactions, generating compressed transaction data, ZK state roots and proofs. This data is compiled by the Oracle network execution circuit and uploaded to the Taproot of the Bitcoin mainnet, making it publicly accessible to the entire network. Diversified assets: Supports staking of $BTC , $MERL, and other mainstream brc20 assets, improving flexibility and risk resistance Proxy staking: Not only allows users to directly stake assets to become Oracle nodes, but also provides more flexible proxy staking options, allowing users to entrust assets to existing, reputable Oracle nodes for management Real-time monitoring: Users can view their proxy staking status and income in real time, as well as the performance records of proxy nodes Exit mechanism: Provides a flexible exit mechanism, users can withdraw their assets at any time to ensure the liquidity of funds By decentralizing power and data, Merlin Chain is able to resist the risks brought by single point failures and centralization. Shared DA layer security with Celestia The data storage layer (DA) is similar to a database, where all original transactions of the execution layer are stored for subsequent verification and confirmation. For Layer2, the openness, transparency and on-chain storage of DA are extremely important. If the latest transaction data is not uploaded to a trusted platform, the data withholding attack will cause the network to be scrapped and may prevent users from withdrawing funds smoothly. #Merlin #MerlinSwap #btc生态
Let's talk about the security of #Merlinchain today

Merlin Chain is undoubtedly the hottest native second-layer network of Bitcoin at the moment. The mainnet reached an astonishing TVL of 3.5 billion US dollars in 30 days after it was launched, attracting more than 200 projects to enter the construction. After Merlin launched the second-layer mapping assets, multiple ecological projects successively released major updates, and hundreds of millions of US dollars of liquidity poured in. The unprecedented popularity once caused congestion in the Bitcoin network. But if an ecosystem undertakes billions of funds, in addition to bringing prosperity to the ecology and liquidity, it also means being exposed to the dangerous dark forest of blockchain.

As an emerging #BTCL2 , Merlin has taken security into consideration in every aspect of its own architecture design, and has joined forces with multiple security teams such as SlowMist, plus layers of plug-ins, to jointly build a strong defense line for fund security.

Merlin Chain adopts a multi-token pledge Oracle node system. The sequence node is responsible for collecting and batch processing transactions, generating compressed transaction data, ZK state roots and proofs. This data is compiled by the Oracle network execution circuit and uploaded to the Taproot of the Bitcoin mainnet, making it publicly accessible to the entire network.

Diversified assets: Supports staking of $BTC , $MERL, and other mainstream brc20 assets, improving flexibility and risk resistance

Proxy staking: Not only allows users to directly stake assets to become Oracle nodes, but also provides more flexible proxy staking options, allowing users to entrust assets to existing, reputable Oracle nodes for management

Real-time monitoring: Users can view their proxy staking status and income in real time, as well as the performance records of proxy nodes

Exit mechanism: Provides a flexible exit mechanism, users can withdraw their assets at any time to ensure the liquidity of funds

By decentralizing power and data, Merlin Chain is able to resist the risks brought by single point failures and centralization.

Shared DA layer security with Celestia

The data storage layer (DA) is similar to a database, where all original transactions of the execution layer are stored for subsequent verification and confirmation. For Layer2, the openness, transparency and on-chain storage of DA are extremely important. If the latest transaction data is not uploaded to a trusted platform, the data withholding attack will cause the network to be scrapped and may prevent users from withdrawing funds smoothly.
#Merlin #MerlinSwap #btc生态
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