In this post:
1. Introducing: Myria
Myria, scaled by StarkEx L2 scaling engine, is built to scale NFTs, blockchain gaming and more. Myria is 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). Learn more on Myria and L2 scaling here.
Myria's ecosystem consists of:
An all-in-one Ethereum L2 platform consisting of Myria Wallet, Myria NFT marketplace and more, powered by StarkWare
A player-focused gaming studio centred around true ownership and rewards
Myria Developer Solutions
A decentralized NFT and blockchain solutions platform consists of APIs, SDKs and other business success solutions, simplify blockchain processes while delivering unparalelled speed, security and scalability.
2. Why Myria?
Whilst Ethereum remains the dominant blockchain and the blockchain development platform of choice due to the tremendous network effects it can bring, it faces its own set of limitations:
- Low throughput rate - approximately 15 transactions per second (TPS)
- Poor user experience - slow transaction confirmation rate and high cost per transaction
- Slow developer experience - developers are required to learn new coding languages in order to build their blockchain project, creating a great barrier of entry
3. Myria: For Developers
3.1 Myria SDK
Myria has designed a suite of developer tools to simplify blockchain interactions for developers and facilitate builders in harnessing Myria’s technology. So, instead of complex coding using Solidity or Cairo, simply connect to Myria’s SDK to launch your blockchain project, in a matter of hours.
Myria’s suite of developer tools, a diverse array of Application Programming Interfaces (APIs), Software Development Kits (SDKs), and a Domain Specific Language (DSL), aims to abstract away the complexity of writing and interacting with zero-knowledge compatible smart contracts without curtailing creator ingenuity.
Simply put, this means any transaction, from minting an NFT or launching a new collection to transferring or exchanging existing tokens requires no direct smart contract or network knowledge on the part of the developer. Any developer who is able to connect to a REST API, knows how to produce, manage, and interact with tokenization projects on Myria L2.
Central to the goal of accomplishing the above without restricting use-case flexibility, as stated, will be Myria’s tokenization rules engine and Domain Specific Language (DSL). Existing smart contract development tools box developers in by making key decisions about the nature of the contracts they deploy on behalf of the creators themselves. Myria’s rules engine and DSL will grant developers the ability to customize low-level aspects of their assets without complicating the process for more novice users.
Myria recognises the importance of regulatory compliance when working with NFTs, such as global Anti-Money Laundering (AML) and KYC legislations and the protection of consumer data. This has become an increasingly important factor for businesses and creators when choosing the right solution. Myria's platform and the solutions provided will be fully compliant for the trusted partners so they can operate their NFT project at ease.
Learn more about Myria's Developer solution here
4. Myria: For NFT Users and Gamers
Myria believes, at a macro level, that there exists today two key impediments to the industry’s shared objective of enabling more people to reap the myriad benefits of blockchain technology. Those are:
- The aforementioned tradeoff between security and scalability
- The immense technical learning curve for development teams unfamiliar with existing blockchain stacks.
To mitigate the impact of these barriers, we are creating an all-in-one blockchain platform that allow users to interact with the L2 ecosystem seamlessly, including:
- Myria L2 Wallet: A non-custodial cryptocurrency wallet that allows seamless interactions between tokens and assets on Myria L2.
- NFT Marketplace: a dedicated Web3 marketplace to trade digital assets and collectibles across all Myria-powered projects and games.
The mentioned products is only the first phase of Myria platform. Future features will continuous to improve on better UX and promote simple yet dynamic ways users would interact with NFTs.