$BTC #MerlinSwap #MerlinStarter #Merlinchain #merlin #MerlinLayer2

The security of funds is directly related to the survival of the public chain, especially the popular Bitcoin native Layer2 network like Merlin Chain 🧙‍♂. This article will explore the security of Merlin Chain in depth and reveal how it ensures the security of $3.5 billion in funds.

As one of the most watched Bitcoin native Layer2 networks, Merlin Chain mainnet has attracted more than 200 projects to participate in the construction in just 30 days, with a TVL of $3.5 billion. However, such a huge ecosystem brings not only prosperity, but also potential risks. 📈💰

Merlin Chain adopts a multi-level security architecture to ensure the safety of funds:

1. **Decentralized Oracle:** Adopts a multi-token staking Oracle node system to resist single point failures through decentralized power and data transparency. Users can conduct real-time monitoring and flexible withdrawal to ensure the safety of funds. 🔒

2. **Share DA layer security with Celestia:** Celestia, as a data availability layer, provides public data availability guarantees, enhancing the transparency and credibility of the network. 🌐

3. **Verify to the first layer and inherit the security of Bitcoin:** Merlin Chain proposed a Taproot-based solution to submit the second-layer data to the Bitcoin first layer for security verification to ensure the safe processing of transactions and the tamper-proof storage of data. 🛡

4. **Asset management:** All funds across the chain/locked in Merlin Chain are managed by Cobo's MPC wallet solution, using cold and hot wallet isolation and other measures to ensure asset security. 💼

5. **Join well-known security teams and third-party platforms:** Merlin Chain has established a security committee, jointly audited ecological projects with many security companies, and supported third-party independent platforms for on-chain monitoring to ensure ecological security. 🤝

Fund security is the cornerstone of Merlin Chain's development. To this end, they not only strengthen technical protection, but also provide a rich reward program to encourage the discovery of vulnerabilities. The security of Merlin Chain is the guarantee of its continued prosperity, and also provides users with a safe participation experience. 🚀