Blockchain

B² Network and Merlin Chain Forge Strategic Partnership to Enhance Bitcoin Ecosystem Security and Liquidity

B² Community and Merlin Chain, two main Bitcoin Layer 2 options, have entered right into a strategic partnership to bolster the safety and liquidity of the ecosystem. This collaboration is ready to play a pivotal function in guaranteeing the long-term success of BTC Layer 2s, a vital element of the continued bull market cycle.

Excited to announce our partnership with @bsquarednetwork, which unites Bitcoin builders in enhancing and prospering the Bitcoin ecosystem. As pioneers within the Bitcoin Layer2 area, Merlin Chain and B² Community share a deep dedication to increasing Bitcoin’s utility whereas preserving… https://t.co/uCLSLEFDUc pic.twitter.com/3LfvcsmaCe

— Merlin Chain (@MerlinLayer2) Could 16, 2024

B² Community introduces progressive options with its B² Rollup and B² Hub. The B² Rollup is the primary Bitcoin rollup based mostly on verification dedication, enhancing transaction effectivity and safety. In the meantime, B² Hub serves as the primary Bitcoin Knowledge Availability (DA) layer, reaching finality on the Bitcoin community and guaranteeing information integrity and accessibility.

Merlin Chain integrates the ZK-Rollup community, decentralised Oracle community, and on-chain BTC fraud-proof modules. Its mission is to empower Bitcoin’s native belongings and protocols by means of its Layer 2 community, enhancing usability and performance. Merlin Chain’s dedication to “Make Bitcoin Enjoyable Once more” is realised by means of these superior technological integrations.

Shared Imaginative and prescient and Collaborative Objectives

For the reason that emergence of BTC Layer 2 options, B² Community and Merlin Chain have shared the imaginative and prescient of scaling Bitcoin whereas leveraging its native potential. Their intensive growth efforts have resulted in high-performance options providing seamless on-chain operations and superior liquidity.

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One key space of collaboration focuses on enhancing safety by way of B² Hub integration. Merlin Chain will combine B² Community’s DA Layer, boosting BTC Layer 2 safety by means of B² Hub. This integration will guarantee information availability and keep Bitcoin’s safety stage. Merlin Chain will submit ZK-Rollup information to B² Hub, utilising its Knowledge Availability Sampling (DAS) nodes. B² Hub will then mixture and confirm information availability and state transition proofs, submitting commitments to Bitcoin for last settlement.

One other vital side of the partnership entails liquidity bridging with mBTC and solvBTC. mBTC, used within the Merlin staking program, and solvBTC, a yield-bearing Bitcoin spinoff, will likely be bridged to the B² Community. This bridging will enable each ecosystems to share liquidity, fostering a extra interconnected Bitcoin Layer 2 surroundings. Future collaborations will concentrate on deeper integrations of mBTC and solvBTC inside the B² financial ecosystem, enhancing their utility and advantages for holders.



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