Merlin Chain is undoubtedly the hottest Bitcoin native second-layer network at the moment. The mainnet reached an astonishing TVL of 3.5 billion US dollars within 30 days of its launch, attracting more than 200 projects to enter the construction. After Merlin launched the second-layer mapping assets, many ecological projects successively released major updates, hundreds of millions of US dollars of liquidity poured in, and the unprecedented popularity once caused congestion in the Bitcoin network. However, if an ecosystem undertakes billions of dollars of funds, in addition to bringing prosperity to the ecology and liquidity, it also means being exposed to the dangerous dark forest of blockchain.
How Merlin Chain can ensure the security of 3.5 billion yuan is a question that all users need to be concerned about. This article will analyze the security system of Merlin Chain. As an emerging BTC L2, Merlin has taken security into consideration in every aspect of its architecture design, and has cooperated with multiple security teams such as SlowMist, and added layers of plug-ins to jointly build a solid defense line for fund security.
#merlin In order to ensure the security of its ecological projects, Merlin Chain has established the Merlin Security Council in cooperation with several security companies, including the famous Slowmist. The "Blockchain Dark Forest Self-Help Manual" published by its founder Yu Xian in 22 years is widely circulated in the circle, as well as BlockSec, Salus, Secure3, ScaleBit, Revoke.Cash and many other well-known security teams. The committee is used to fund research, education and technology development, and encourage more white hats and dApps to join this decentralized organization to escort Merlin's subsequent ecological development and construction, so that users can safely participate in Merlin ecological projects.