Vision
We firmly believe that the future Bitcoin ecosystem will surpass the decentralized financial system of Ethereum.
Last updated
We firmly believe that the future Bitcoin ecosystem will surpass the decentralized financial system of Ethereum.
Last updated
In the Bitcoin whitepaper, Satoshi Nakamoto mentioned that the value accumulation of BTC is realized by consuming non-renewable resources on Earth. As of today, the market capitalization of Bitcoin has exceeded $600 billion, and POW mining still consumes energy worth around $9.4 billion per year for BTC extraction.
Merlin believes that by decentralizing BTC and BRC20 into the EVM system, a groundbreaking DeFi ecosystem can be created relying on BTC's consensus.