Merlin Chain
Merlin Chain is an EVM-compatible Layer 2 blockchain built on Bitcoin, leveraging ZK-Rollup technology to enable scalable, low-fee transactions and native Bitcoin protocol support.
Overview
Merlin Chain is a Layer 2 blockchain designed to unlock Bitcoin's potential by enabling native Layer 1 assets, users, and protocols to operate with enhanced scalability and lower fees. It is an Ethereum Virtual Machine (EVM)-compatible chain that uses zero-knowledge rollup (ZK-Rollup) technology to improve transaction throughput and reduce costs, making it suitable for decentralized applications and DeFi protocols that want to leverage Bitcoin's security and ecosystem. Merlin Chain supports a variety of Bitcoin-native protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and Stamp, allowing a broad range of Bitcoin assets and tokens to interact seamlessly on Layer 2.
The chain's architecture includes sequencer nodes that manage data transmission through decentralized oracles, ensuring transparency and security while maintaining high performance. Merlin Chain emphasizes community-driven innovation and fair launches, aiming to foster native Layer 2 solutions tailored specifically for Bitcoin users and developers. Its EVM compatibility means developers familiar with Ethereum tooling can easily build and deploy smart contracts on Merlin Chain without learning new languages or frameworks.
To get started, developers can connect wallets via the Merlin Bridge to transfer assets between Bitcoin and Merlin Chain. Comprehensive documentation is available to guide integration and development. The platform also offers staking with competitive APRs, incentivizing participation in network security and governance. Merlin Chain is positioned as a scalable, low-cost alternative for Bitcoin-based DeFi and tokenization projects, expanding Bitcoin's utility beyond simple transfers.
The Problem
Bitcoin's base layer has limited scalability and high transaction fees, restricting its ability to support complex decentralized applications and native token standards. Existing Layer 2 solutions often lack native support for emerging Bitcoin token protocols and do not fully leverage zero-knowledge proofs for scalability and security.
The Solution
Key Features
Low Fees and High Scalability
Offers fast transaction processing with minimal costs, improving liquidity and user experience.
Decentralized Oracle Sequencers
Sequencer nodes manage data transmission securely and transparently via decentralized oracles.
Community-Driven Native Innovations
Focuses on fair launches and community participation to foster unique Layer 2 solutions tailored for Bitcoin.
Key Strengths
How Developers Use Merlin Chain
Bitcoin-Based DeFi Applications
Developers can build decentralized finance protocols that leverage Bitcoin assets with low fees and high throughput.
Tokenization of Bitcoin Native Assets
Projects can issue and manage tokens using Bitcoin-native standards like BRC20 and BRC420 on a scalable Layer 2.
Cross-Chain Asset Bridges
Users can transfer assets between Bitcoin mainnet and Merlin Chain via the Merlin Bridge, enabling interoperability.
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Pricing
Standard | |
|---|---|
| Price (Monthly) | Free |
| Price (Annual) | Free |
| Messaging | N/A |
| Support | Community support via documentation and GitHub |
| Analytics |
Resources
Merlin Chain provides comprehensive documentation and developer tools to facilitate building on its Bitcoin Layer 2 network, including guides for bridging assets, staking, and smart contract deployment.