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Merlin Chain is a Bitcoin Layer 2 solution designed to enhance the functionality and scalability of Bitcoin's native assets, protocols, and products. Launched in January 2024 by Bitmap Technology, a company founded by Jeff Yin, Merlin Chain leverages several advanced technologies, including ZK-Rollup networks, decentralized oracle networks, Data Availability modules, and on-chain BTC fraud-proof mechanisms. By utilizing Taproot's aggregated zero-knowledge proof and Rollup data writing to the Bitcoin mainnet, Merlin Chain addresses the scalability issues and Turing incompleteness of the Bitcoin network. Its distributed oracle network ensures the efficient collection, batch processing, and public accessibility of transaction data through Bitcoin's Taproot.
Proof of Work