Merlin, as the premier ecosystem for Bitcoin (BTC), is receiving widespread attention and discussion.
It is no accident that Merlin Layer 2 (L2) has become a leader in the BTC ecosystem. It has won the support and recognition of the community with its unique advantages and characteristics. Let's briefly explore these advantages and understand why it deserves our unity and support.
BTC/Ordinals and Long-termism: As a native BTC Layer 2 solution, Merlin Chain has a total locked value (TVL) of $3.6 billion, of which 91% comes from Bitcoin native assets. This achievement reflects the strong support and long-term perspective of the Bitcoin community, which has contributed to the prosperity and development of the ecosystem.
BRC-420 and Community Driven: Merlin adopts a bottom-up asset issuance approach, that is, assets first and narratives later, and builds consensus around assets through community-driven assets. This approach not only promotes close integration of the community, but also enables successful assets to evolve into symbols with strong cohesion.
Uniting public chains and win-win cooperation: Merlin Chain has demonstrated an open attitude to cooperate with other chains, especially strong teammates in the Ethereum ecosystem. Even in the face of challenges such as Manta's attack on Blast, Merlin cooperates with other chains by implementing measures such as re-staking, reflecting the transformation from zero-sum game to win-win cooperation.
Gathering leaders in subdivided tracks to quickly establish an application ecosystem: Taking advantage of Bitcoin's advantages in funding and community support, Merlin Chain quickly established an application ecosystem, bringing together leading companies and projects in various subdivided tracks, and complementing the application advantages in the Ethereum ecosystem.
In summary, Merlin's success as a leader in the BTC Layer 2 ecosystem is not accidental. It has demonstrated strong ecological construction capabilities by integrating Bitcoin's funding and community advantages, adopting innovative asset issuance and community building methods, promoting ecological win-win with an open and cooperative attitude, and quickly gathering leading companies in subdivided tracks. Therefore, supporting and embracing Merlin is not only a recognition of its current achievements, but also an investment of confidence in its future potential. I believe that Merlin's future will be brighter.