🔮Merlin Chain 🧙‍♂️ is one of Bitcoin’s native second-layer networks that has exploded this year. It uses a series of security measures to protect the security of its US$3.5 billion in funds.

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

- Adopt a decentralized Oracle system to decentralize power and data transparency to resist single points of failure.

- Support diversified asset pledges 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 release of block data through the Celestia data availability layer, enhancing the transparency and trustworthiness of the network.

3⃣ One-level verification, inheriting the security of Bitcoin

- Propose a solution for aggregating zero-knowledge proofs and writing data to the Bitcoin mainnet based on Taproot to ensure that the data is anchored in Bitcoin and cannot be tampered with.

4⃣Asset Management

- Assets are managed by Cobo's MPC wallet, and measures such as hot and cold wallet isolation are used to ensure security.

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

5⃣Join well-known security teams and third-party platforms to protect

- Merlin Chain established a security committee to cooperate with multiple security companies to audit ecological projects.

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

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