Fund security is directly related to the survival of the public chain. A detailed explanation of the security of Merlin Chain, how to protect 3.5 billion funds. Merlin Chain is undoubtedly the hottest Bitcoin native second-layer network at present. The main network has reached an astonishing TVL of 3.5 billion US dollars in 30 days after its launch, attracting more than 200 projects to enter construction. After Merlin launched the second-layer mapping asset, many ecological projects released major updates one after another, hundreds of millions of dollars of liquidity poured in, and the unprecedented popularity once caused congestion in the Bitcoin network. However, if an ecosystem undertakes billions of dollars of funds, in addition to bringing prosperity to the ecosystem and liquidity, it also means being exposed to the dangerous dark forest of blockchain.
Fund security is directly related to the survival of the public chain Detailed explanation of the security of Merlin Chain, how to protect 3.5 billion funds
Merlin Chain is undoubtedly the hottest Bitcoin native second-layer network at present. The main network has reached an astonishing TVL of 3.5 billion US dollars in 30 days, attracting more than 200 projects to enter the construction. After Merlin launched the second-layer mapping assets, multiple ecological projects have successively released major updates, and hundreds of millions of US dollars of liquidity have poured in. The unprecedented popularity once caused congestion in the Bitcoin network. But if an ecosystem undertakes billions of funds, in addition to bringing prosperity to the ecology and liquidity, it also means exposure to the dangerous dark forest of blockchain. 💪Key theory of fund security: the ultimate guardian of the survival of the public chain
🛡️🌟🚀 Merlin Chain revolutionary breakthrough: 30-day TVL exceeded 3.5 billion US dollars! More than 200 projects have joined, becoming a hot spot for Bitcoin's native second-layer network! 🛡🔍 Security Frontier: Adopt multi-currency staking Oracle and cooperate with top security teams such as SlowMist to ensure the security of every transaction. Combined with Celestia, data transparency is guaranteed and attacks are resisted. 💡🔐 Technology Leadership: Introducing advanced zkProver and Taproot technologies to enhance Bitcoin network efficiency and reduce congestion. Cobo co-manages assets and provides the highest level of security. 🌍🌐 Global Monitoring: Merlin Security Committee and mistTrack monitoring platform work together to track ecological security in real time and prevent potential threats. 🔮💪 Future Outlook: Plans to increase Council Grants and Merlin Bug Bounty to encourage the community to discover vulnerabilities and build a safe ecosystem together.
We believe that Merlin Chain has ensured the security of $3.5 billion in funds in its ecosystem through a series of innovative security measures and cooperation. At the same time, it has laid a solid foundation for the continued development of the Bitcoin Layer2 network and the trust of users.#MerlinChain#BlockchainSecurity#CryptoInnovation#DecentralizedFinance#FutureOfFinance💥🔧
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