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Bitcoin has been the leading cryptocurrency for years due to its vast user base and reliable price. However, this older blockchain technology often struggles to provide users with cutting-edge services. Merlin Chain hopes to empower Bitcoin by adding key features. This Layer 2 network has the potential to make Bitcoin faster, more affordable and easier to use, and it's already attracted a lot of early investors. Keep reading to see how Merlin Chain works, and to learn more about its native crypto.
Key Takeaways:
Merlin Chain is a Bitcoin Layer 2 ecosystem that uses zero-knowledge proofs to scale Bitcoin. It also offers many helpful features, such as oracles and NFTs, that support blockchain technology.
Looking to trade Merlin Chain tokens? Bybit now offers the MERL/USDT Spot trading pair and MERLUSDT Perpetual contracts.