Polyhedra Network, a prominent platform dedicated to developing infrastructure for privacy, scalability, and interoperability in Web3, has unveiled an exclusive proposal. The latest proposal from Polyhedra focuses on integrating with Merlin Chain through zkBridge. The platform shared detailed information about this initiative on its official X account.
🚀 The third zkBridge Network Expansion Proposal is now live!
zkBridge NEP-3: Integrate Merlin Chain (@MerlinLayer2) with zkBridge https://t.co/Y2YcHx9dog pic.twitter.com/4UFIgVPV8i
— Polyhedra Network (@PolyhedraZK) July 26, 2024
Polyhedra Network Unveils zkBridge NEP-3 Proposal for Integration with Merlin Chain
The third zkBridge Network Expansion Proposal marks a significant step forward in enhancing the reach and capabilities of Polyhedra. Merlin Chain functions as a Bitcoin L2 solution, incorporating a ZK-Rollup network, on-chain BTC scam-proof modules, and a decentralized oracle network. The cutting-edge integration aims to bolster the native assets, products, and protocols of Bitcoin on L1.
This will be achieved through the L2 network of Merlin Chain, enabling advancements in Bitcoin’s features and usability within decentralized applications. The zkBridge integration will provide additional support for the Merlin Chain through the zkLightClient LayerZero Decentralized Verification Network.
The added layer of support will enhance the security and functionality of transfers and interactions within the Merlin Chain ecosystem, facilitating seamless cross-chain interactions and ensuring data transaction integrity. Polyhedra Network believes that the integration of Merlin Chain with zkBridge will significantly contribute to the evolution and growth of the blockchain and Bitcoin ecosystems.
Development Focuses on Expanding Bitcoin’s Usability and Functionality
By leveraging decentralized oracles and ZK-Rollup technology, Merlin Chain can deliver secure, scalable solutions that enhance Bitcoin’s capabilities. Polyhedra Network emphasizes that zkBridge NEP-3 represents a promising advancement in the blockchain space, expanding Bitcoin’s usability and functionality.