{"data":{"id":22289,"name":"Myria","symbol":"MYRIA","slug":"myria","category":"token","description":"Myria is an Ethereum Layer 2 scaling solution, purpose built to scale NFTs, blockchain gaming and more. Myria's scaling solution, built in partnership with StarkWare, offers instant trade confirmation, 0 gas fee when minting and trading NFTs without compromising the security of users' assets. Myria's L2, developed using StarkWare's STARK prover, utilizes Zero-Knowledge Rollup (ZK-Rollup) technology to bundle large numbers of transfers into a single transaction to facilitate up to 9,000 transactions per section (TPS).\r\n\r\nMyria is developing Myria L2, a non-custodial Ethereum Layer 2 scaling solution as well as a full suite of auxiliary blockchain tooling to empower tokenization efforts across a wide range of verticals.\r\n\r\nMyria L2 utilizes Starkware’s prover and rollup zero-knowledge technology to aggregate thousands of layer 2 transactions into single Ethereum transactions. The results are\r\ndramatically increased throughput and lower transaction costs which are prerequisites for\r\nseamless token experiences.\r\n\r\nBy building an Ethereum-anchored L2 rather than a loosely-coupled or even entirely\r\nindependent sidechain, Myria is able to comfortably meet the performance requirements\r\nof some of the most demanding use cases on the market without sacrificing the desire of\r\nend-users to continue leveraging Ethereum’s battle-tested consensus protocol. The\r\noft-mentioned tradeoff between genuine usability and fully decentralized security is a\r\nfalse one - Myria L2 offers both.\r\n\r\nThat harmony between scalability and security is moot, however, if developers are unable\r\nto leverage it. To that effect, Myria’s suite of developer tools, a diverse array of Application\r\nProgramming Interfaces (APIs), Software Development Kits (SDKs), and a Domain Specific\r\nLanguage (DSL), aims to abstract away the complexity of writing and interacting with\r\nzero-knowledge compatible smart contracts without curtailing creator ingenuity.\r\n\r\nSimply put, this means any transaction, from minting an NFT or launching a new\r\ncollection to transferring or exchanging existing tokens requires no direct smart contract\r\nor network knowledge on the part of the developer. Any developer who is able to connect\r\nto a REST API, knows how to produce, manage, and interact with tokenization projects on\r\nMyria L2.\r\n\r\nCentral to the goal of accomplishing the above without restricting use-case flexibility, as\r\nstated, will be Myria’s tokenization rules engine and Domain Specific Language (DSL).\r\nExisting smart contract development tools box developers in by making key decisions\r\nabout the nature of the contracts they deploy on behalf of the creators themselves. Myria’s\r\nrules engine and DSL will grant developers the ability to customize low-level aspects of\r\ntheir assets without complicating the process for more novice users.\r\n\r\nMyria Platform\r\nMyria believes, at a macro level, that there exist today two key impediments to the\r\nindustry’s shared objective of enabling more people to reap the myriad benefits of\r\nblockchain technology. Those are: 1) the aforementioned tradeoff between security and\r\nscalability and 2) the immense technical learning curve for development teams unfamiliar\r\nwith existing blockchain stacks.\r\nTo mitigate the impact of these barriers, we are creating an all-in-one blockchain platform\r\nincluding Myria L2 wallet, NFT marketplace, to enable third party gaming studios, NFT\r\ncommunities, and developers to easily develop blockchain-powered games, DApps, and\r\nexperiences.\r\nBy providing B2B technology solutions, along with our developer grant program, Myria’s\r\nPartner division aims to enable third-party developers to onboard onto the blockchain\r\nand join the next frontier of the virtual economy.\r\n\r\nMyria Studios\r\nMyria Studios is a player-focused gaming studio centered around AAA quality games that\r\ndrives true ownership and rewards.\r\nMyria Studios is leveraging Myria’s core stack to create an unprecedented blockchain\r\ngaming hub and metaverse.\r\n\r\nMYRIA Token\r\nMYRIA is an ERC-20 utility token. The token serves as the basis for transactions on the\r\nMyria Layer 2 scaling protocol with additional in game utilities amongst selected game\r\ntitles. MYRIA will be distributed to players, node operators, and other participants in the\r\necosystem, creating a circular economy between users to accelerate ecosystem growth.","dateAdded":"2022-10-19T09:21:55.000Z","actualTimeStart":"2023-04-06T07:20:00.000Z","status":"active","isBn":0,"subStatus":"normal","notice":"","alertType":2,"alertLink":"","latestUpdateTime":"2026-09-24T02:25:00.000Z","watchCount":"74337","watchListRanking":501,"dateLaunched":"2023-04-06T00:00:00.000Z","latestAdded":false,"tags":[{"slug":"collectibles-nfts","name":"Collectibles & NFTs","category":"CATEGORY","status":1,"priority":3},{"slug":"privacy","name":"Privacy","category":"CATEGORY","status":1,"priority":3},{"slug":"zero-knowledge-proofs","name":"Zero Knowledge Proofs","category":"CATEGORY","status":1,"priority":3},{"slug":"gaming","name":"Gaming","category":"INDUSTRY","status":1,"priority":1},{"slug":"ethereum-ecosystem","name":"Ethereum 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