Merlin Chain Integration: Enhancing RunesPad

RunesTerminal is excited to unveil the integration of Merlin Chain into its RunesPad launchpad.

Merlin Chain aims to transform user interactions with the Bitcoin network, paving the way for the expansion of Runes projects.

Here’s everything you need to know about this new integration and what it means for you.

Merlin Chain is a Layer 2 solution designed to enhance Bitcoin’s scalability, efficiency, and functionality.

• ZK-Rollup Network: Processes multiple transactions in one batch using zero-knowledge proofs (ZKPs), reducing data size.
• Decentralized Oracle Network: Trustlessly provides external data to the blockchain, ensuring the integrity of off-chain data.
• Data Availability: Ensures transaction data is widely accessible, enhancing network security.
• On-chain BTC Fraud Proof Modules: Acts as a safeguard against fraud, using Bitcoin’s consensus mechanism to resolve disputes.

Scalability: Merlin Chain processes transactions off-chain, increasing throughput and reducing congestion.
Efficiency: Merlin Chain’s ZK-Rollups reduce the computational power needed to process transactions, speeding up transaction confirmations.
Cost Reduction: By minimizing data stored and processed on the Bitcoin blockchain Merlin Chain significantly lowers transaction fees.
Interoperability: Allows seamless asset transfers between Bitcoin and Merlin Chain.
Security: Merlin Chain inherits the security of the Bitcoin network and adds extra safeguards like decentralized oracles and fraud proofs.

New Investment Opportunities: You will soon have access to another blockchain when investing in projects launching on RunesPad, diversifying your investment options.

Direct Launches from Merlin Ecosystem: In the mid-term, projects from the Merlin ecosystem will be able to directly launch on RunesPad, broadening the scope of available projects and enhancing the platform’s ecosystem.

By incorporating Merlin Chain’s advanced Layer 2 solutions, RunesTerminal is set to deliver improved scalability, efficiency, and security to its platform.

This collaboration fortifies RunesTerminal’s infrastructure and paves the way for further innovation within the Runes ecosystem.