According to BlockBeats, on March 13, the Bitcoin network's native asset data parsing protocol, Merlin Protocol, announced a brand upgrade and officially changed its name to TerpLayer, along with launching a new official website. TerpLayer is dedicated to providing high-security and scalable decentralized data access services to Bitcoin ecosystem developers through modular smart contracts, specialized node networks, and universal governance mechanisms. To achieve this, TerpLayer has introduced two innovative products: Terp Indexer Oracle and the decentralized BRC20 asset cross-chain transfer solution Terp BRC20 Adapter. These products aim to help developers quickly implement bidirectional data communication between Bitcoin L1 and L2, providing data support for Bitcoin Layer2 and its ecosystem protocols, smart contract virtual machines, Oracles, and cross-chain bridges.
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