. The Merlin Chain mainnet reached an astonishing TVL of US$3.5 billion within 30 days of its launch, attracting more than 200 projects to enter construction. After Merlin launched second-layer mapped assets, multiple ecological projects successively released major updates, and hundreds of millions of dollars of liquidity poured in. The unprecedented popularity once caused congestion on the Bitcoin network. But if an ecosystem takes on billions of funds, in addition to bringing a prosperous ecosystem and liquidity, it also means being exposed to the dangerous dark forest of blockchain.

Technological innovation: Adopt cutting-edge zkProver and Taproot technologies to improve the operating efficiency of the Bitcoin network and reduce network congestion. Cobo provides asset management services and provides top-level protection for asset security.

Security leadership: Implementing a multi-asset pledge Oracle system and working with top security institutions such as Slow Mist Technology to ensure transaction security. Combined with the Celestia protocol, data is clear and transparent and effectively defends against various attacks.

Future plans: Looking to the future, Council Grants and Merlin Bug Bounty projects will be launched to encourage community members to actively discover and fix vulnerabilities and jointly create a more secure ecosystem.

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