Merlin Chain (MERL) is a Bitcoin Layer 2 solution that enhances scalability, functionality, and usability using technologies like ZK-Rollups, decentralized oracles, and data availability modules. It allows faster, low-cost transactions, EVM-compatible smart contracts, and seamless integration with Bitcoin wallets via BTC Connect. MERL, the native token, is used for governance, staking, transaction fees, and as liquidity within the ecosystem. The project aims to extend Bitcoin’s capabilities without replacing it, providing a secure, efficient, and developer-friendly environment while leveraging Bitcoin's Layer 1 security.
