Description
Merlin Chain positions itself as 'The Native Bitcoin Layer2', aiming to unleash Bitcoin's potential by supporting native Layer1 assets, users, and protocols. It offers low fees and high scalability as an EVM-compatible chain, ensuring swift transaction processing and enhanced liquidity. Merlin Chain supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and Stamp, broadening the base of users who can interact on Bitcoin Layer2. It has implemented ZK-Rollup technology with sequencer nodes managing data transmission via decentralized Oracles to ensure transparency and security. The platform also promotes native, community-driven innovation and fair launches tailored to the Bitcoin network, and offers a Merlin Grant program along with staking of its $MERL token for yield.