Myria is a specialized Ethereum Layer 2 scaling solution designed to enhance the performance of NFTs, blockchain gaming, and more. With technology developed in collaboration with StarkWare, Myria’s solution ensures immediate trade validation and eliminates gas fees for minting and trading NFTs, all while safeguarding user assets. Utilizing StarkWare's STARK prover, Myria's Layer 2 employs Zero-Knowledge Rollup (ZK-Rollup) technology to consolidate numerous transactions into a single one, achieving a throughput of up to 9,000 transactions per second.
Myria is focused on advancing Myria L2, a non-custodial Ethereum Layer 2 scaling solution, alongside a comprehensive set of blockchain tools to support tokenization across various industries.
Myria L2 leverages StarkWare’s prover and zero-knowledge rollup technology to condense thousands of layer 2 transactions into singular Ethereum transactions, resulting in significantly increased throughput and reduced costs, which are crucial for smooth token experiences.
By anchoring its Layer 2 solution to Ethereum rather than using a loosely-coupled sidechain or a completely independent one, Myria effectively meets the stringent performance demands of high-use scenarios while maintaining the benefits of Ethereum's robust consensus protocol. The often-discussed compromise between usability and decentralized security is proven unnecessary by Myria L2, which successfully delivers both.
However, this balance between scalability and security is irrelevant if developers cannot utilize it. To address this, Myria provides a suite of tools including various APIs, SDKs, and a Domain Specific Language (DSL), designed to simplify the creation and interaction with zero-knowledge smart contracts without hindering creative freedom.
In essence, developers can execute transactions such as minting NFTs, launching collections, or handling token transfers without needing in-depth knowledge of smart contracts or networks. Any developer familiar with connecting to a REST API can effectively manage tokenization projects on Myria L2.
Central to achieving this flexibility without limiting potential use cases are Myria's tokenization rules engine and DSL. Conventional smart contract development tools often limit developers by imposing decisions, but Myria’s innovative approach allows developers to customize the foundational elements of their assets, streamlining the process for beginners.
Myria Platform
Myria identifies two significant challenges to the blockchain industry's goal of broadening access: 1) the tradeoff between security and scalability and 2) the steep technical learning curve for developers new to blockchain technology. To address these issues, Myria is building an all-encompassing blockchain platform, including a Myria L2 wallet and an NFT marketplace, to facilitate the development of blockchain-driven games, DApps, and experiences by third-party gaming studios, NFT communities, and developers.
Through providing B2B technology solutions and a developer grant initiative, Myria’s Partner division seeks to empower third-party developers to integrate with blockchain and explore the emerging virtual economy.
Myria Studios
Myria Studios is a gaming studio focused on delivering AAA quality games that emphasize player ownership and rewards. Utilizing Myria's core technology, Myria Studios is crafting a cutting-edge blockchain gaming hub and metaverse.
MYRIA Token
The MYRIA token is an ERC-20 utility token that underpins transactions on the Myria Layer 2 scaling protocol and offers additional uses in select game titles. The token is distributed to players, node operators, and other ecosystem participants, fostering a circular economy to spur ecosystem development.
