Unlocking Bitcoin’s Potential: Introducing Merlin Chain, a Native L2 Solution
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This week, the much-anticipated Bitcoin L2 solution Merlin Chain went live on its testnet, while its mainnet is scheduled to be launching within a month as well.
Bitcoin's Network Congestion Dilemma and Scaling Solutions
The evolution of Ordinals over the past year has brought the attention back to the Bitcoin ecosystem after a long period. While enhancing the excitement of the bitcoin ecosystem, it has also increased the exhaustion of network resources. The increasingly high cost of transactions, coupled with the rising price of Bitcoin itself, has added further congestion to the network and discouraged new users from becoming interested in Bitcoin.
The idea of developing an EVM-compatible L2 network has been recognized as the one that would deliver the results f...