Exploring Merlinchain ($MERL)
Merlinchain represents a revolutionary approach to blockchain technology, functioning as a premier Layer 2 ZK Rollup solution on Bitcoin, offering seamless EVM compatibility. Introduced in early 2024 by Bitmap Technology, a pioneering firm led by visionary Jeff Yin, it integrates a decentralized oracle network, advanced data modules, and fraud-proof mechanisms alongside Taproot-style zero-knowledge proofs.
This innovative network supports Bitcoin-centric protocols like BRC20, BRC420, Atomicals, Pipe, and Stamp, fundamentally enhancing operational efficiency. The MERL token, as the ecosystem’s native currency, is vital for transaction fees, staking, collateralization, and securing the network through delegation.
What Makes Merlinchain Unique?
Merlinchain is a cutting-edge infrastructure designed to accelerate and reduce costs associated with Bitcoin transactions.
Launched in 2024 by Bitmap Technology, spearheaded by Jeff Yin, it harnesses the power of decentralized technology.
Key features of Merlinchain include:
Integration with Bitcoin and Ethereum applications for cross-platform functionality.
Utilization of oracles and zero-knowledge proofs to ensure privacy while validating transactions seamlessly.
Enhanced support for Bitcoin-based applications such as BRC20 tokens and NFTs.
The MERL token fulfills multiple roles within the network, including:
– Facilitating transaction fees (similar to gas fees)
– Supporting staking for network security
– Providing opportunities for rewards generation
Statistics:
Total supply of MERL tokens is 2.1 billion, with approximately 725 million presently in circulation.
Why Consider Merlinchain?
Higher Efficiency
Facilitates quick transactions with significantly reduced costs.
Robust Security
Leverages Bitcoin’s inherent security measures, adding extra layers of protection.
Cross-Platform Compatibility
Developers can effortlessly create and deploy Ethereum-style applications within the ecosystem.
Multi-Functional Ecosystem
Encompasses a variety of applications, from gaming to NFTs and decentralized finance.
Attractive Rewards
MERL holders can stake their tokens and earn rewards of up to 45%!
Solid Investor Backing
Notable companies such as OKX, KuCoin, and Amber Group have invested, demonstrating confidence in its potential.
Upcoming MERL Listing on Coinone
The MERL token will be listed on Coinone, a top-rated Korean cryptocurrency exchange, on:
July 10, 2025, at 12:00 KST
Benefits of this Listing:
– Korean users can purchase MERL using Korean won (KRW)
– Increased trading volume may lead to higher market value
– Coinone is a trusted platform operating under Korean regulations, ensuring a secure trading environment.
Mark the date! The MERL token will be available on the Korean market through the MERL/KRW pair starting July 10, 2025.
