Merlin Chain protocol
Overview
Merlin Chain is a Bitcoin layer-2 scaling solution that utilizes a ZK-rollup architecture to enable smart contract functionality, DeFi, and NFTs on the Bitcoin network. It employs zero-knowledge proofs for transaction validation and data availability, aiming to combine Bitcoin's security with Ethereum-compatible programmability. It is a zkEVM-based rollup developed by the Bitmap Tech team, and its native token is MERL.
Within the DeFi Intel graph, Merlin Chain connects to 4 tracked entities, most strongly to Bitcoin and Runes Protocol.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Bitcoin | 85% |
layer2_of | Bitcoin | 85% |
settles_to | Bitcoin | 70% |
supports | Runes Protocol | 70% |
Frequently asked questions
What is Merlin Chain?
Merlin Chain is a Bitcoin layer-2 scaling solution that uses a ZK-rollup architecture to enable smart contract functionality, DeFi, and NFTs on the Bitcoin network.
What chain is Merlin Chain deployed on?
Merlin Chain is deployed on the Bitcoin network.
What protocol does Merlin Chain support?
Merlin Chain supports the Runes Protocol.
Sources
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