merlin_chain

1. Overview of #Merlin_Chain
Merlin Chain is a Layer 2 (L2) solution built on the Bitcoin blockchain, launched in June 2023, aimed at enhancing scalability, reducing transaction costs, and speeding up transaction processing on the Bitcoin network. The project utilizes ZK-Rollup technology, integrates a decentralized oracle network, and employs anti-fraud mechanisms (fraud proof) to ensure transparency, security, and performance. Merlin Chain aims to “Make Bitcoin Fun Again” by supporting the development of applications and assets on Bitcoin Layer 1 through Layer 2, while also being compatible with the Ethereum Virtual Machine (EVM) to facilitate developers in easily migrating smart contracts from other EVM chains to Merlin Chain.