CRYPTO MARKET / ASSET
Merlin Chain (MERL)
$0.3727
▲ 4.57% +$0.016 LOW: $0.3404 / HIGH: $0.3986 (24H)
▲ 4.57% +$0.016
LOW: $0.3404 / HIGH: $0.3986 (24H)
LOW: $0.3404 / HIGH: $0.3986 (24H)
FULL MARKET CAP $782.75 M |
TOTAL VOLUME 24H ($) $26.43 M |
TOTAL CURRENT SUPPLY 2,099,999,995 |
MAXIMUM SUPPLY ∞ |
MERL / USD Conversion
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Overview
Merlin Chain (MERL) is a Bitcoin-based Layer 2 network enhancing functionality with ZK-Rollup, decentralised oracles, and fraud proofs. It supports Layer 1 assets and dApp development, aiming to expand Bitcoin's potential in a secure, robust network.
- Don't miss this coming Merlin Mondays 9-30-2024 @12pm EST as we have some new guests with great updates! @surf_protocol @VirothiumDex @ordinalhive @UniCrossGlobal @BitGenie_io @mner_club #merlinchain #bitcoinecosystem #BTCLayer2
@OrdRevolution • September 27, 2024 - Merlin supports BRC-20, Runes, Ordinals, Bitmaps, and Bitcoin.
Bitcoin! Bitcoin! Bitcoin! Only Bitcoin Layer 1 Assets!
1. You can deposit ORDI/SATS to CEX from Merlin.
2. There are 2.5 billion USD volume for Ordinals/Runes here.
3. Bitmap is 30-50% higher on Merlin than L1.
4. $MERL is BRC-20!
5...
Bitcoin!!!!!!!! No fork, No new assets, Bitcoin Assets!
@BitmapTech • September 27, 2024 - Thank you to @HarvardAlumni for inviting Merlin Chain as a guest speaker next week for the Harvard Web3 Advanced Course!
We’re excited to discuss Bitcoin scalability solutions and performance enhancements, and share how @MerlinLayer2 addresses the challenges of high-volume transactions on Bitcoin Layer 1 while meeting the stringent security standards demanded by institutions.
https://www.harvardae.org/web3-advanced
@MerlinLayer2 • September 27, 2024
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Time Ranges
1 HOUR | +0.46% |
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24 HOURS | +5.4% |
7 DAYS | +25.52% |
30 DAYS | +22.95% |
24h USD Activity
SPOT MOVING CHANGE | $0.01 +2.96% |
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SPOT MOVING QUOTE VOLUME | $31,045,346.87 |
TOTAL MARKET CAP | $783,783,334.23 |
Supply & Distribution
SUPPLY | |
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ISSUED | 2,099,999,995 (100%) |
TOTAL CURRENT | 2,099,999,995 |
DISTRIBUTION | |
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● BURNT | 0 |
Specification
LAUNCHED | 02/02/2024 |
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DECIMAL POINTS | 18 |
TOTAL CURRENT SUPPLY | 2,099,999,995 |
SMART CONTRACTS | check |
TYPE |
BLOCKCHAIN
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SECTORS |
PLATFORM
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CROSS CHAIN INFRASTRUCTURE
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SUPPORTED STANDARDS | |
ERC20
ERC721
ERC1155
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LAYER 2 SOLUTIONS | |
ZK ROLLUP (ROLLUP)
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Publications & Reports
AUDIT system_update_alt Bitmap-Tech-BTCBridge 2024-03-06 |
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AUDIT system_update_alt Merlin BTC L2 final ScaleBit 2024-01-22 |
AUDIT system_update_alt Merlin BTC L2 final Secure3 2024-01-23 |
AUDIT system_update_alt SlowMist Audit Report - BTCLayer2BridgeContract |
Explorers
merlinchain.io https://scan.merlinchain.io |
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Layer 2 Solutions
ROLLUP
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ZK Rollup Merlin Chain utilizes a ZK-Rollup consensus mechanism on its Layer 2 solution to enhance Bitcoin's scalability and efficiency. This approach employs zero-knowledge proofs for data validation, ensuring transaction privacy and security while leveraging decentralized oracles for robust data management. This setup not only maintains the security standards of the Bitcoin network but also significantly improves transaction throughput and reduces costs, making it a technically advanced solution for Layer 2 scaling. |
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