When will MERL coin be launched? What is the MERL coin contract address?

MERL's full name in English is Merlin Chain, which is the native token of Merlin Chain. It will be used to settle transactions and vote. In addition, MERL is used to reward users who stake their assets in Merlin’s Seal activities and promote transactions on the platform. MerlinChain is no stranger to participants in the currency circle. It is a second-layer solution based on Bitcoin and aims to increase the value of the Bitcoin ecosystem. So when will the token MERL coin be launched? Investors are also paying special attention. According to Ouyi official information, the MERL currency will be launched at 6 pm on April 17, and will be opened for trading and currency withdrawals later. Next, the editor will introduce this MERL coin to you in detail.

#When will the MERL coin be launched?

According to the Ouyi announcement, the specific time for MERL currency to go online is the opening time for deposits at 6:00 pm on April 17, the opening time for trading at 6:00 pm on April 19, and the opening time for withdrawals at 6:00 pm on April 20th. 6 o'clock.

MERL coin Merlin Chain’s native governance token, Merlin Chain’s Chinese name is Merlin Chain, is a second-layer technology built on the Bitcoin blockchain to solve Bitcoin network scalability issues. It aims to power the Bitcoin application system to achieve continuous blockchain innovation. Merlin Chain integrates zero-knowledge aggregation, a decentralized oracle network, and on-chain fraud proof into the Bitcoin blockchain.

These features enable innovation in the Bitcoin ecosystem by compressing large amounts of transaction proofs into batches to reduce congestion and increase transaction speed. It also introduces a new way for Merlin Chain to easily connect to Bitcoin layer one, enabling access to external data sources and execution of smart contracts utilizing a decentralized oracle network and on-chain fraud proofs.

The unique second-layer characteristics of Merlin Chain also allow it to reduce transaction costs when interacting with the Bitcoin blockchain and increase transaction speed. Essentially, this Web3 platform is poised to use a second layer solution to solve Bitcoin’s scalability issues. This technology allows the Merlin Network to build innovations while maintaining a Web3 perspective to better leverage the Bitcoin ecosystem.

What is the address of the MERL coin contract?

According to official records, the MERL coin contract address is 0x5c46bFF4B38dc1EAE09C5BAc65872a1D8bc87378. Through the multi-chain inscription (Inscription) function and the use of the BRC-20 token MERL as its native token, Merlin attempts to simplify the process of dealing with inscriptions and Ordinals for Bitcoin users. . MerlinChain is a Bitcoin L2 that integrates ZK-rollup network, decentralized oracle and on-chain BTC fraud prevention module. It is committed to providing support for Bitcoin native assets, protocols and products on L1 through its L2 network, allowing Bitcoin to Coins are interesting again.

Merlin Chain cooperates with the TRON Network to enhance the interoperability between Bitcoin and the TRON Network. This will further improve cross-chain accessibility and functionality and expand its usage scenarios. The main purpose of this cooperation is to initiate interaction between the TRON network and the Bitcoin ecosystem.

This is also seen as a way to extend TRON functionality on the Bitcoin blockchain, while combining the advantages of the TRON network and Merlin Chain. Essentially, the interoperability between the two blockchains will enable users to explore various financial services in the blockchain space through seamless interaction with Merlin Chain.

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