Today's sharing

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 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 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 problem that all users need to care about. This article will analyze the security system of Merlin Chain. As an emerging BTC L2, Merlin takes security into consideration in every link of its own architecture design, and cooperates with multiple security teams such as SlowMist, plus layers of plug-ins, to jointly build a solid defense line for fund security.

3️⃣Merlin Chain uses a multi-token staking Oracle node system, where 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.#BTC#MerlinChain