What is Myria?
Myria is an Ethereum Layer 2 scaling solution designed to optimise the efficiency of NFTs, blockchain gaming, and other high-transaction activities. By leveraging Zero-Knowledge Rollup (ZK-Rollup) technology, Myria can consolidate numerous transfers into a single transaction, enabling up to 9,000 transactions per second (TPS) with zero gas fees. This makes it especially appealing for applications requiring high throughput and low costs, such as blockchain gaming and NFTs.
How does Myria work?
Myria utilises Zero-Knowledge Rollup (specifically, ZK-STARKs) technology in conjunction with the security of the Ethereum blockchain. This approach allows Myria to effectively bundle transactions for efficiency. These bundled transactions are then verified and published on the Ethereum blockchain, using the security of Ethereum’s Layer 1 to ensure integrity. Myria provides developers with APIs and SDKs, simplifying the creation and management of blockchain projects without the need to directly implement complex smart contracts.
What are the potential use cases for Myria?
Myria's potential use cases are largely focused on enhancing NFT and blockchain gaming experiences. Key applications include:
- Blockchain Gaming: Myria facilitates the development of high-quality gaming experiences by providing scalable and developer-friendly tools.
- NFT Marketplace: Myria hosts an integrated, user-friendly platform for buying and selling digital assets.
- Node Network Participation: Users can operate nodes within Myria's network to earn rewards in the form of MYRIA tokens and NFTs, supporting the network's operations.
- Strategic Partnerships: Collaborations, such as with Kryxivia for NFT gaming or Chainstack for infrastructure support, underline its versatility across different blockchain applications.
What is the history of Myria?
Myria has evolved through several significant phases:
- Founding and Ecosystem Development: Although specific details about its founding team are limited, Myria has garnered over a million users since establishing its blockchain.
- Key Achievements: These include the successful airdrop of Sigil NFTs and the release of advanced developer tools like the Myria SDK.
- Strategic Integrations: The integration with StarkEx has significantly boosted Myria’s transactional efficiency and security.
- Market Growth: With a robust market presence in the gaming community, Myria supports a large number of projects and boasts over 500,000 users.