Merlin Chain (MERL) is a second layer of Bitcoin, offering a range of functionalities aimed at improving scalability, interoperability, and efficiency. Merlin Chain utilizes zero-knowledge proofs (ZKP) to achieve faster and more cost-effective transactions while maintaining the security, integrity, and decentralization of the Bitcoin network.
Recently, Merlin has also been surrounded by controversy. On Twitter, Merlin Chain retweeted a post from Bitmap Tech - Merlin about the upcoming Bitcoin halving, and Merlin also officially announced the opening of trading. However, the comments section was filled with criticism.
One comment said, "Merlin, you big idiot, the coins are all locked up, and users can't unlock them."
A user named Abo Almohor commented that Merlin's customer service is particularly poor. When he had technical issues on their website, no one helped him.
Some users even believe that Merlin has been hacked.
Despite announcing the upcoming Bitcoin halving and the opening of trading, Merlin has faced significant controversy, primarily centered around users' inability to unlock coins, poor customer service, and allegations of being hacked. This suggests that Merlin may have issues in management and communication, requiring measures to improve user experience and trustworthiness.
The Particle Network People’s Launchpad goes live at 12 midnight UTC on February 5th and provides BTC holders and the ALLY community with an exclusive opportunity to participate in the Merlin Chain token distribution.
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