Myria

Myria (MYRIA) is an Ethereum Layer 2 scaling solution, specifically designed to enhance the scalability of Non-Fungible Tokens (NFTs), blockchain gaming, and more. Developed in collaboration with StarkWare, Myria's scaling solution aims to provide instant trade confirmation and zero gas fees when minting and trading NFTs, without compromising the security of users' assets. Myria's Layer 2 (L2) uses StarkWare's STARK prover and Zero-Knowledge Rollup (ZK-Rollup) technology to bundle large numbers of transfers into a single transaction, striving to handle a substantial number of transactions per section. The MYRIA token, an ERC-20 utility token, serves as the basis for transactions on the Myria Layer 2 scaling protocol.

Myria operates by utilizing StarkWare's prover and rollup zero-knowledge technology to aggregate thousands of Layer 2 transactions into single Ethereum transactions. This process aims to increase throughput and lower transaction costs, which are prerequisites for seamless token experiences. Myria's suite of developer tools, including Application Programming Interfaces (APIs), Software Development Kits (SDKs), and a Domain Specific Language (DSL), aims to simplify the complexity of writing and interacting with zero-knowledge compatible smart contracts. This means that any transaction, from minting an NFT to transferring or exchanging existing tokens, requires no direct smart contract or network knowledge on the part of the developer.

Myria's potential use cases span across a wide range of verticals, primarily focusing on tokenization efforts. By providing an Ethereum-anchored Layer 2 scaling solution, Myria aims to meet the performance requirements of some of the most demanding use cases in the market. This includes minting NFTs, launching new collections, transferring or exchanging existing tokens, and more. Furthermore, Myria's tokenization rules engine and Domain Specific Language (DSL) allow developers to customize low-level aspects of their assets without complicating the process for more novice users. Myria also aims to enable third-party gaming studios, NFT communities, and developers to easily develop blockchain-powered games, DApps, and experiences.

Myria was launched in August 2022 with the goal of providing a scalable solution for NFTs, blockchain gaming, and more. Since its inception, Myria has partnered with over 250 partners and minted more than 500,000 NFTs on the platform. Myria's infrastructure is intended to support the next generation of blockchain gaming, with a focus on increasing throughput and lowering transaction costs. Myria's Developer Solutions, an API-first abstraction layer consisting of blockchain-level and game-level SDKs, were created to shield developers from protocol-level complexity and simplify the process of integrating blockchain.