Avalanche on Alert: This Rising Star Is Gearing Up for a Massive Breakout

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).Myria 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.Myria L2 utilizes Starkware’s prover and rollup zero-knowledge technology to aggregate thousands of layer 2 transactions into single Ethereum transactions. The results are dramatically increased throughput and lower transaction costs which are prerequisites for seamless token experiences.By building an Ethereum-anchored L2 rather than a loosely-coupled or even entirely independent sidechain, Myria is able to comfortably meet the performance requirements of some of the most demanding use cases on the market without sacrificing the desire of end-users to continue leveraging Ethereum’s battle-tested consensus protocol. The oft-mentioned tradeoff between genuine usability and fully decentralized security is a false one - Myria L2 offers both.That harmony between scalability and security is moot, however, if developers are unable to leverage it. To that effect, 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 Platform Myria believes, at a macro level, that there exist today two key impediments to the industry’s shared objective of enabling more people to reap the myriad benefits of blockchain technology. Those are: 1) the aforementioned tradeoff between security and scalability and 2) 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 including Myria L2 wallet, NFT marketplace, to enable third party gaming studios, NFT communities, and developers to easily develop blockchain-powered games, DApps, and experiences. By providing B2B technology solutions, along with our developer grant program, Myria’s Partner division aims to enable third-party developers to onboard onto the blockchain and join the next frontier of the virtual economy.Myria Studios Myria Studios is a player-focused gaming studio centered around AAA quality games that drives true ownership and rewards. Myria Studios is leveraging Myria’s core stack to create an unprecedented blockchain gaming hub and metaverse.MYRIA Token MYRIA is an ERC-20 utility token. The token serves as the basis for transactions on the Myria Layer 2 scaling protocol with additional in game utilities amongst selected game titles. MYRIA will be distributed to players, node operators, and other participants in the ecosystem, creating a circular economy between users to accelerate ecosystem growth.