Merlin has been in the spotlight lately, but its success is no accident. Behind the scenes is the team’s long-term silent hard work and continuous innovation in the Bitcoin ecosystem, which has received strong support from the community. Cooperating with other public chains forms a win-win cooperation model instead of competition. In addition, solid financing and security foundations are also key factors for Merlin's success.

The process of Merlin's success is not only market recognition, but also the team's long-term development in the Bitcoin ecosystem. From Recursiverse to Bitmap Explorer to Merlin Chain, the team has been continuously promoting the development of the Bitcoin ecosystem, thus gaining the trust of users and the community. Merlin’s rapid development also benefits from its cooperation with other mainstream projects, especially the Ethereum Layer 2 project Manta, which jointly promotes the development of the entire ecosystem.

In addition to the team's efforts, Merlin has also attracted a large amount of capital injection, including financing from top institutions, such as OKX Venture, ABCED, etc. These funds not only provide support for the development of Merlin, but also lay the foundation for the security and stability of the project.

In addition, Merlin's success is also due to its focus on user experience and product innovation. The team continues to launch new features and products, attracting more user participation, while building a solid community through fair distribution and other methods. The development of Merlin has also attracted the emergence of many native projects, which revolve around Bitcoin native assets, injecting new vitality into the development of the entire ecosystem.

In general, Merlin’s success is inseparable from the team’s efforts, community support, cooperation with other public chains, solid financing and security foundations, and emphasis on user experience and product innovation. These factors jointly contribute to Merlin's rapid development and long-term stability in the Bitcoin ecosystem.

Specific reference:

https://www.theblockbeats.info/news/51989