✅Merlin Chain 🧙‍♂️ is one of the most popular Bitcoin native second-layer networks, and uses a series of security measures to ensure the security of its $3.5 billion in funds

1⃣The architecture design is layered to ensure security and transparency:

- Use a decentralized Oracle system to distribute power and make data transparent to prevent single point failures.

- Support diversified asset pledge to improve flexibility and risk resistance.

- Provides proxy staking options and real-time monitoring, as well as a flexible exit mechanism.

2⃣Share DA layer security with Celestia

- Ensure verifiable publication of block data through the Celestia data availability layer, enhancing the transparency and credibility of the network.

3⃣ One-layer verification, inheriting the security of Bitcoin

- Propose a solution based on Taproot’s aggregated zero-knowledge proof and data writing to the Bitcoin mainnet to ensure that data is anchored in Bitcoin and cannot be tampered with.

4. Asset Management

- Assets are managed by Cobo's MPC wallet, which uses cold and hot wallet isolation and other measures to ensure security.

- Cobo's private key encryption and sharding technology achieve institutional-grade security and avoid the impact of single points of failure.

5⃣Join hands with well-known security teams and third-party platforms to provide protection

- Merlin Chain established a security committee and cooperated with several security companies to audit ecological projects.

- Use independent platforms such as mistTrack for on-chain monitoring to ensure the safety of Merlin’s funds.

Merlin Chain attaches great importance to fund security and multiple security measures provide strong protection for its ecological projects and users, ensuring that the survival of the public chain is closely related to fund security. By continuously strengthening security measures and encouraging community participation, Merlin Chain is committed to building a robust and secure blockchain ecosystem.