Merlin Chain Emerges as Bitcoin's Largest Layer 2: A Paradigm Shift in the Bitcoin Ecosystem
CryptoNewsTerminal Staff11 Sep, 2024
Merlin Chain Emerges as Bitcoin's Largest Layer 2: A Paradigm Shift in the Bitcoin Ecosystem
## Merlin Chain's Ascent in the Bitcoin Ecosystem The Bitcoin ecosystem is experiencing a resurgence, characterized by the emergence of native assets like Ordinals and BRC-20 tokens. Scalability solutions through Layer 2 (L2) are also gaining traction as a means to address Bitcoin's transaction limitations. In this second installment of Coinnis Original's H1 2024 report, we delve into the rise of Merlin Chain, which has ascended to prominence as the largest L2 in the Bitcoin ecosystem. This technological breakthrough unlocks new possibilities for the Bitcoin network, enabling a myriad of applications and enhancing its functionality.
