Merlin Chain protocol
Overview
A Bitcoin layer-2 scaling platform called Merlin Chain, built by the Bitmap Tech team, uses a ZK-rollup framework to bring smart contracts, DeFi, and NFTs to the Bitcoin ecosystem. The system relies on zero-knowledge proofs to verify transactions and ensure data availability, seeking to merge Bitcoin's security with programmability akin to Ethereum's. Its decentralized exchange operates through a multi-order book structure.
Within The Counterparty graph, Merlin Chain connects to 4 tracked entities, most strongly to Bitcoin, Bitcoin, Bitcoin.
Relations
Top connections in The Counterparty 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 zk-rollup tracked in The Counterparty knowledge graph. It is connected to 4 other tracked entities, most strongly to Bitcoin, Bitcoin, Bitcoin.
What type of entity is Merlin Chain?
Merlin Chain is classified as a zk-rollup (protocol) in The Counterparty knowledge graph.
What is Merlin Chain connected to?
In The Counterparty knowledge graph, Merlin Chain is linked to 4 other tracked entities, most strongly to Bitcoin, Bitcoin, Bitcoin.