Sep 10, 2024

The first $2.5B in assets come to BitcoinOS – Merlin integrates BOS

BitcoinOS is ushering in a new era of scale and programmability for Bitcoin, allowing Merlin Chain — one of the largest Bitcoin sidechains — to become a true Bitcoin L2.

Developers have long sought to build L2 systems that feel like a full extension of Bitcoin’s best elements, integrated in a way that’s completely invisible to the end user. Trustless BTC bridging; smart contracts and zero-knowledge cryptography; the ability for any VM to deploy to Bitcoin. 

With hundreds of projects racing to become Bitcoin L2s, BitcoinOS provides the crucial missing link and the infrastructure to make that ambition a reality.

With BitcoinOS, Merlin is set to rival Ethereum

The endgame is here. Merlin is an EVM chain that has amassed $2.5 billion in assets on the mere promise of becoming a Bitcoin L2. With BitcoinOS, Merlin is turning that promise into a reality, positioning itself as a rival to Ethereum. 

Take a moment to think about what that means. If just 1 Bitcoin L2 has the ability to rival Ethereum, consider the impact of 100+ unified Bitcoin L2s using BitcoinOS as the point of entry. Through the power of BitcoinOS, Bitcoin will become orders of magnitude larger than the entire crypto ecosystem combined.

Why Merlin chose BitcoinOS

Game recognizes game – and Merlin wants to be a BOS. 🦾 

Merlin decided to team up with BitcoinOS to boost its platform's security and scalability. The partnership is a game-changer because it implements Grail, the bridge component of the BitcoinOS stack, powered by our proprietary BitSNARK technology. This allows for trustless bridging of Bitcoin assets and data. 

Merlin can now replace the old, centralized trust methods with a truly decentralized approach. It’s a winning move that not only enhances Merlin’s capabilities but also helps push the entire Bitcoin ecosystem forward.

Is this part of the big narrative for the current cycle?

Over 15 years, we’ve witnessed 3 major cycles.

Cycle 1: Bitcoin was the only game in town. 

Cycle 2: People experimented and created innovative new ecosystems with altcoins. 

Cycle 3: Degens were degens with their yield farming. 

Merlin’s integration with BOS is just one of countless examples of the next cycle narrative in motion, when the innovation and activity of the altcoin space comes rushing back home. 

Cycle 4: All of the above, unleashed on Bitcoin.

Achieving the impossible with block 853626

It’s time to unite all of crypto under one roof. To say goodbye to the days of fragmentation of liquidity, the fragmentation of users, the fragmentation of community. 

On July 24, 2024, BitcoinOS was first to verify a ZK Proof on Bitcoin Mainnet, setting in motion the technology capable of such a grand ambition.

Bitcoin is back, and finally realizing its full potential. By upgrading Bitcoin with smart contracts, BitcoinOS is not the first smart contract platform, it’s the last.

We are excited to welcome Merlin into the BOS family. 

Sign up for updates on important news coming soon in the BitcoinOS newsletter, check out BitcoinOS on X and YouTube for the latest Bitcoin Alpha, and join the Discord to get to know the community.

For more information about BitcoinOS’s game-changing technology, see the BitSNARK and Grail Whitepaper.  

Don’t forget to follow Merlin Chain on X and Discord.