Merlin Chain[MERL]
Merlin Chain is a Bitcoin layer-2 scaling solution utilizing ZK-rollups.
Merlin Chain is a Bitcoin Layer 2 ecosystem that uses zero-knowledge proof transactions to enhance Bitcoin’s scalability and efficiency. Designed to improve transaction speed, reduce fees, and support features like oracles and NFTs, Merlin Chain integrates modern blockchain solutions into the Bitcoin network.
The core goal of Merlin Chain is to extend Bitcoin's functionality and make it more competitive in the evolving blockchain landscape. It aims to achieve this by increasing transaction speed, reducing network congestion fees, and creating an ecosystem where developers can easily build DApps. Additionally, Merlin Chain supports Ethereum Virtual Machine compatibility, allowing Bitcoin to interact with Ethereum-based applications and enabling native on-chain asset storage and Bitcoin Ordinals.
Merlin Chain’s architecture relies on zero-knowledge proofs, allowing for faster, more efficient transaction validation without compromising security. Through the use of Polygon’s zero-knowledge rollups and Lumoz technology, transactions are processed off-chain and later published on the main Bitcoin blockchain.
The core goal of Merlin Chain is to extend Bitcoin's functionality and make it more competitive in the evolving blockchain landscape. It aims to achieve this by increasing transaction speed, reducing network congestion fees, and creating an ecosystem where developers can easily build DApps. Additionally, Merlin Chain supports Ethereum Virtual Machine compatibility, allowing Bitcoin to interact with Ethereum-based applications and enabling native on-chain asset storage and Bitcoin Ordinals.
Merlin Chain’s architecture relies on zero-knowledge proofs, allowing for faster, more efficient transaction validation without compromising security. Through the use of Polygon’s zero-knowledge rollups and Lumoz technology, transactions are processed off-chain and later published on the main Bitcoin blockchain.
Layer 2Bitcoin EcosystemZK-Rollup
Current price
24h:1.64%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
79.32%All time low price
77.22%Token supply
220.5M MERL (10.5%)
2.1B MERL (100%)
$2
$0.298
$441M
$626.13M
399.94M MERL (19.04%)
1.61B MERL (76.79%)