Article Summary, Automatically Generated By AI
Summary of Myria
-
Myria’s scaling solution:
Offers instant trade confirmation, 0 gas fee when minting and trading NFTs, and up to 9,000 transactions per second (TPS) using StarkWare’s STARK prover and Zero-Knowledge Rollup (ZK-Rollup) technology. -
Myria L2:
A non-custodial Ethereum Layer 2 scaling solution with a suite of auxiliary blockchain tooling for tokenization efforts. -
Developer tools:
APIs, SDKs, and a Domain Specific Language (DSL) to abstract away complexity of writing and interacting with zero-knowledge compatible smart contracts. -
Tokenization rules engine and DSL:
About Myria
In the realm of blockchain gaming, Myria is poised to revolutionize the landscape with its innovative approach to play-to-earn ecosystems.
Myria is an Ethereum Layer 2 scaling solution, specifically designed to scale Non-Fungible Tokens (NFTs), blockchain gaming, and beyond. Through its partnership with StarkWare, Myria’s scaling solution offers instantaneous trade confirmation, eliminating gas fees when minting and trading NFTs, all while maintaining the uncompromising security of users’ assets. Leveraging StarkWare’s STARK prover, Myria’s Layer 2 (L2) technology harnesses the power of Zero-Knowledge Rollup (ZK-Rollup) to consolidate large volumes of transfers into a single transaction, thereby facilitating an impressive 9,000 transactions per second (TPS).
Myria is pioneering the development of Myria L2, a cutting-edge, non-custodial Ethereum Layer 2 scaling solution, accompanied by a comprehensive suite of auxiliary blockchain tools, designed to empower tokenization initiatives across a diverse array of industries and verticals.
Myria L2 leverages Starkware’s cutting-edge prover and rollup zero-knowledge technology to consolidate thousands of layer 2 transactions into a single, streamlined Ethereum transaction. This innovative approach yields a significant boost in throughput and a substantial reduction in transaction costs, thereby paving the way for seamless token experiences.
By constructing an Ethereum-anchored Layer 2 solution, rather than a loosely coupled or entirely independent sidechain, Myria effortlessly meets the stringent performance requirements of even the most demanding use cases, all while allowing end-users to continue harnessing the robust, battle-tested consensus protocol of Ethereum. The purported tradeoff between seamless usability and fully decentralized security is, in fact, a false dichotomy – Myria L2 seamlessly reconciles both.
The delicate balance between scalability and security is rendered moot if developers are unable to harness it effectively. To address this, Myria’s comprehensive suite of developer tools, comprising a diverse range of Application Programming Interfaces (APIs), Software Development Kits (SDKs), and a bespoke Domain Specific Language (DSL), is designed to elegantly abstract away the intricacies of writing and interacting with zero-knowledge compatible smart contracts, thereby empowering creators to innovate unfettered.
In essence, this implies that any transaction, whether it involves minting an NFT, launching a new collection, transferring, or exchanging existing tokens, can be seamlessly executed without requiring the developer to possess direct knowledge of smart contracts or the underlying network. Any developer familiar with connecting to a REST API can effortlessly create, manage, and interact with tokenization projects on Myria L2.
At the heart of achieving the aforementioned objective without sacrificing use-case flexibility lies Myria’s tokenization rules engine and Domain Specific Language (DSL). Unlike existing smart contract development tools, which impose constraints by making pivotal decisions about the nature of the contracts on behalf of the creators, Myria’s rules engine and DSL empower developers to tailor low-level aspects of their assets while maintaining an intuitive process for less experienced users.
Myria Platform Myria recognizes that two primary obstacles hinder the industry’s collective goal of making blockchain technology’s numerous benefits accessible to a broader audience. These hurdles are: 1) the inherent tradeoff between security and scalability, and 2) the steep technical learning curve that development teams unfamiliar with existing blockchain stacks must overcome. To alleviate the impact of these barriers, we are developing a comprehensive, all-in-one blockchain platform, comprising the Myria L2 wallet, NFT marketplace, and tools to empower third-party gaming studios, NFT communities, and developers to seamlessly create blockchain-powered games, decentralized applications (DApps), and immersive experiences. Through our B2B technology solutions and developer grant program, Myria’s Partner division strives to facilitate the onboarding of third-party developers onto the blockchain, thereby paving the way for their integration into the burgeoning virtual economy.
At the forefront of innovation, Myria Studios is a player-centric gaming studio dedicated to crafting AAA quality games that empower true ownership and rewards. By harnessing the power of Myria’s core stack, the studio is pioneering an unparalleled blockchain gaming hub and immersive metaverse.
Introducing the MYRIA Token: A Revolutionary ERC-20 Utility Token. This token forms the foundation of transactions within the Myria Layer 2 scaling protocol, offering additional in-game utilities across a curated selection of game titles. Through its strategic distribution to players, node operators, and other ecosystem participants, MYRIA fosters a self-sustaining circular economy, driving accelerated growth and synergy among users.