Here’s a concise comparison of Merlin Chain and Stacks in the Bitcoin Layer 2 (L2) ecosystem explosion, in English as requested:
Merlin Chain adopts ZK-Rollup technology, compressing transaction data for faster, cheaper transactions. It enhances security with a decentralized oracle network and on-chain fraud-proof modules, while its EVM compatibility enables Ethereum dApp integration. It supports Bitcoin-native innovations like BRC-20 tokens.
Stacks brings smart contract functionality to Bitcoin, secured by the Proof of Transfer (PoX) consensus mechanism, leveraging Bitcoin’s proof-of-work. This enables dApps, fostering a mature ecosystem with DeFi and NFTs.
Comparison: Merlin Chain emphasizes scalability and cross-chain utility via ZK-Rollups, while Stacks extends Bitcoin’s capabilities with smart contracts tied to its security. Both drive Bitcoin L2 growth with distinct technical strengths.