Today's Share

1️⃣Merlin Chain is undoubtedly the hottest Bitcoin-native second-layer network at the moment. The mainnet reached an astonishing TVL of 3.5 billion US dollars 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.

2️⃣How Merlin Chain ensures the security of 3.5 billion funds is a question that all users need to be concerned about. This article will analyze the security system of Merlin Chain. As an emerging BTC L2, Merlin has taken security into consideration in every aspect of its architecture design, and has cooperated with multiple security teams such as SlowMist, plus layers of plug-ins, to jointly build a solid defense line for fund security.

3️⃣Merlin Chain adopts a multi-token staking Oracle node system. Sequence nodes are responsible for collecting and batch processing transactions, generating compressed transaction data, ZK state roots and proofs. These data are compiled by the Oracle network execution circuit and uploaded to the Taproot of the Bitcoin mainnet, making them publicly accessible to the entire network.

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