#Merlinchain Merlin Chain is a Layer 2 solution designed to enhance Bitcoin's capabilities by addressing scalability and transaction speed limitations. It leverages native Layer 1 assets, users, and protocols to unlock Bitcoin's full potential, making it more accessible and efficient.
*Key Features:*
- *Low Fees and High Scalability*: Merlin Chain offers low fees and high scalability as an EVM-compatible chain, ensuring swift transaction processing and enhancing transaction liquidity.
- *BTC Protocols Support*: It supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, Stamp, and more, enabling a more extensive user base to interact on Bitcoin Layer 2.
- *ZK Rollup*: Merlin Chain has implemented ZK-Rollup to enhance efficiency and scalability, with sequencer nodes managing data transmission via decentralized Oracles, ensuring transparency and security.
- *Native Innovation*: Merlin Chain continues its commitment to fair launches and community-driven native innovations on Layer 2, dedicated to delivering unique solutions designed for the Bitcoin network and its users.¹
*MERL Token:*
- *Tokenomics*: The MERL token has a total supply of 2.1 billion and is designed to facilitate governance, security, and overall development within the Merlin Chain ecosystem.
- *Utility*: MERL tokens serve important functions, including governance, staking, transaction fees, delegating to consensus nodes, and native liquidity and collateral.
- *Governance*: MERL token holders can participate in decision-making processes that shape the network's future, ensuring transparency and alignment with user interests.²
*Adding Merlin Chain to MetaMask:*
To add Merlin Chain to MetaMask, follow these steps³:
- Open MetaMask and click "Add network"
- Click "Add a network manually"
- Enter the following RPC details:
- Network name: Merlin Mainnet
- RPC URL: (link unavailable)
- Chain ID: 4200
- Currency symbol: BTC
- Block explorer URL: (link unavailable)
- Click "Save" to complete
*Current Price and Market Data:*