Merlin Chain has today announced a strategic partnership with Quack AI to bring AI-driven governance to its crypto network. This alliance is a crucial milestone towards enhancing Merlin Chain’s system for decentralized governance.
Merlin Chain is a Bitcoin Layer-2 network, specializing in improving Bitcoin’s potential through its advanced layer-2 infrastructure. Merlin Chain runs on top of the Bitcoin blockchain, designed to unleash Bitcoin’s full potential, to make it more efficient and accessible for a broader audience. One way Merlin performs this role is by allowing development of DApps on the Bitcoin chain.
On the other hand, Quack AI is an AI-focused protocol, designed to revolutionize decision-making within the blockchain sector. With its integrated AI agent and DeFi technology, Quack AI offers data-driven, more intelligent, and faster governance solutions, ensuring that decentralized networks run efficiently.
Revamp on-chain intelligence on Merlin
Merlin Chain uses smart contracts to simplify and automate activities like implementing agreements, resource management, and enabling transactions, among others. However, smart contracts are often complicated and extensive data consumers in terms of preparing transactions and data processing on a blockchain. Through this partnership, Merlin Chain leverages Quack AI to improve the security and efficiency of smart contracts deployed on its blockchain network.
This AI integration helps to enhance Merlin’s smart contract execution, detect possible risks in decentralized applications, and automate processes. With this collaboration, Quack AI constantly monitors Merlin’s network system and detects threats, helping automate various tasks and ensuring Merlin’s reliable network services.
Enhance functioning on the Merlin network
Also, this partnership with Quack AI is beneficial in terms of improving the functionality and scalability on the Merlin network. As blockchains like Merlin Chain grow in usage and size, they encounter issues like slower speed, high trading fees, and congested network. With this integration, Quack AI improves Merlin’s functionality and resolve these challenges.
Through this approach, Quack AI enhances Merlin’s transaction validation processes, helping the network scale by optimizing the efficiency of the network’s consensus mechanism. The Quack AI does this by spotting patterns in transaction movements and understanding which transactions are most possibly going to be approved first by the Merlin network. Such an AI-driven network prioritizes such transactions, thus helping to accelerate the validation processes and decrease network congestion.
