In a remarkable development for blockchain security, ScaleBit is proud to announce its strategic partnership with Merlin Protocol, a leader in asset adaptation within the Bitcoin network. This collaboration focuses on enhancing the security of the Bitcoin ecosystem, particularly in the realm of the Ethereum Virtual Machine (EVM).

Merlin Protocol stands at the forefront of innovation in the blockchain space, pioneering the adaptation of Bitcoin assets to the EVM. This groundbreaking approach has successfully overcome the traditional infrastructure limitations of the Bitcoin network. By adapting and issuing assets such as BRC20, Bitcoin, and Bitcoin hash power in the EVM ecosystem, Merlin Protocol has unlocked new possibilities for Bitcoin Layer 2 protocol compatibility. This versatility is instrumental in meeting the diverse demands of the DeFi sector, significantly contributing to the growth and development of the Bitcoin ecosystem.

“Our partnership with Merlin Protocol marks a significant step forward in our commitment to enhancing blockchain security,” said Luis Loh, CEO of ScaleBit. “Merlin Protocol’s innovative approach to Bitcoin asset adaptation is pivotal in the blockchain space, and we’re excited to contribute our expertise in blockchain security to support their groundbreaking work.”

This strategic collaboration not only underscores ScaleBit’s dedication to advancing blockchain security but also reinforces our role as a key player in supporting innovative projects in the blockchain industry.

About ScaleBit

ScaleBit, a subsidiary brand of BitsLab, is a blockchain security team that provides security solutions for Mass Adoption of Web3. With expertise in scaling technologies like blockchain interoperability and zero-knowledge proofs, we provide meticulous and cutting-edge security audits for blockchain applications. The team comprises security professionals with extensive experience in both academia and enterprise. Our mission is to provide security solutions for Web3 Mass Adoption and make security accessible for all.

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