Technical interpretation: How does Merlin Chain work?
This article will focus on the Merlin Chain technical solution and interpret its publicly available documents and protocol design ideas.
JinseFinanceThis article will focus on the Merlin Chain technical solution and interpret its publicly available documents and protocol design ideas.
JinseFinanceMerlin Chain is a new player in the Bitcoin Layer 2 ecosystem that leverages a decentralized oracle network, an on-chain BTC fraud prevention module, and zero-knowledge (ZK) convolutions to improve Bitcoin’s scalability and efficiency.
JinseFinanceDevelopers believe that increasing the gas cap to 40 million will reduce Ethereum’s Layer 1 transaction fees by approximately 15% to 33%.
JinseFinancePenta Lab Research Report - Merlin Chain - TVL’s Steady Growth Leads Bitcoin’s Second-Layer Ecosystem
JinseFinanceMerlin Chain is a ZK Rollup Bitcoin second-layer network launched by the development team of the well-known BRC-420 blue box and Bitmap that supports multiple types of native Bitcoin assets and is compatible with EVM.
JinseFinance0x's new API offers a simpler, more intuitive way to trade cryptocurrencies by integrating gas fees into trade costs and promoting user-friendly, intents-based systems. However, it also raises questions about transparency and control in the evolving landscape of decentralized finance.
MiyukiThe software upgrade occurred at 10:45 UTC (5:45 a.m. ET) on Tuesday, according to a tweet from Polygon Labs, the lead company behind the project.
OthersThe Korean project said it would offset user gas fees and contract fees charged to gaming companies built on its platform.
CoindeskFor nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638.
CointelegraphTerra officially tweeted at 2:00 a.m. that Terra blockchain has resumed block generation, and block delegations are disabled because the new code merge chain has taken effect.
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