The security of funds is directly related to the survival of the public chain. How does Merlin protect 3.5 billion funds?
A public chain, a project, ecological security is the most important#meme#merlin#BTC#ENA #eth
As a rising star dark horse public chain, Merlin Chain is far ahead in security
1. Support users to jointly supervise the ecological security through a third-party independent platform. The security product mistTrack of the SlowMist team announced that it supports searching and tracking Merlin Chain. Users can query the on-chain data of Merlin and its ecological projects, monitor suspicious addresses and track deliberate behaviors through its platform at any time to ensure the safety of Merlin's funds and provide a safe and transparent on-chain experience.
Plain words: Endorsed by blockchain companies, transparent and secure
2. The Merlin Security Council was established in collaboration with a number of security companies, including the famous Slowmist. The "Blockchain Dark Forest Self-Help Manual" published by its founder Yu Xian in 22 years is widely circulated in the circle, as well as BlockSec, Salus, Secure3, ScaleBit, Revoke.Cash and other well-known security teams. The committee is used to fund research, education and technological development, and encourage more white hats and dApps to join this decentralized organization to safeguard the subsequent ecological development and construction of Merlin, allowing users to safely participate in Merlin ecological projects.
In plain words: where there are hackers, there are white hackers responsible for security, and they have their own security attack and defense team.
3. Compared with some public chains that manage their own assets, Merlin Chain’s assets are managed by Cobo’s MPC wallet solution, which uses measures such as cold and hot wallet isolation to ensure that all cross-chain/locked funds in Merlin Chain are non-custodial and safe.
In plain words: the assets are entrusted to the bank and are not in your hands, so there is no opportunity for criminals.
4. Fund security is directly related to the survival of the public chain. As an emerging and growing Layer2, Merlin Chain has devoted absolute resources to security since its birth, and has continued to increase its investment after achieving ecological success. After all, only by maintaining the most basic security line can the long-term sustainable prosperity of the ecology be guaranteed. It is reported that Merlin Chain plans to add Council Grants and Merlin Bug Bounty programs in the future to encourage any individual or team to find loopholes and contribute to the ecological security of Merlin Chain.
