Myria MYRIA Price

What is Myria (MYRIA)?

Myria (MYRIA): Pioneering Ethereum Layer 2 Scaling for NFTs and Blockchain Gaming

In the dynamic realm of blockchain technology, Myria (MYRIA) emerges as a cutting-edge Ethereum Layer 2 (L2) scaling solution, unlocking new possibilities for NFTs, blockchain gaming, and decentralized applications (dApps). Co-founded by Brendan Duhamel, Ivan Fortunov, and Moonfrog in 2022, Myria (MYRIA) leverages zero-knowledge technology to address key challenges and usher in a new era of secure, scalable, and user-friendly blockchain experiences.

Unveiling Myria (MYRIA)'s Innovative Features

Myria (MYRIA) stands out with its robust features, seamlessly combining Ethereum-level security with scalability. The implementation of zk-STARKs with StarkEx allows Myria (MYRIA) to "roll-up" or bundle thousands of L2 transactions into a single transaction. This groundbreaking approach preserves the security of L1 Ethereum by sending a validity proof back to the main blockchain.

Key Features of Myria (MYRIA) Include:

Transparent and Post-Quantum Secure: Myria (MYRIA) eliminates the need for a trusted setup, ensuring transparent and post-quantum security.

Instant Withdrawal and Low Transaction Fees: Users can instantly withdraw assets from the rollup back into Ethereum when needed, all while enjoying low transaction fees.

Native Support for ERC-20 and ERC-721 Tokens: Myria (MYRIA) seamlessly supports core token types, providing versatility for various tokenization efforts.

Simpler Formal Verification: The platform simplifies formal verification of contracts through a safe VM architecture, enhancing overall security.

Non-Custodial Architecture: Myria (MYRIA) ensures full ownership of assets, embracing a non-custodial architecture for increased user control.

Resistance Against Censorship: Myria (MYRIA) is designed to be resistant against censorship, reinforcing the principles of decentralization.

Fully Open-Source and Community-Driven: The development of Myria (MYRIA) is fully open-source and community-driven, fostering collaboration and innovation.

Myria (MYRIA) L2: A Non-Custodial Ethereum Scaling Solution

Myria (MYRIA)'s L2, developed in partnership with StarkWare, is a non-custodial Ethereum Layer 2 scaling solution. Utilizing Starkware’s prover and rollup zero-knowledge technology, Myria (MYRIA) aggregates thousands of layer 2 transactions into single Ethereum transactions. This results in significantly increased throughput and lower transaction costs, prerequisites for creating seamless token experiences.

Developer-Friendly Ecosystem

Myria (MYRIA) recognizes the importance of enabling developers to harness the power of its innovative technology. The platform offers a comprehensive suite of developer tools, including APIs, SDKs, and a Domain Specific Language (DSL). This abstraction simplifies the complexity of writing and interacting with zero-knowledge compatible smart contracts, allowing developers to focus on creativity without compromising functionality.

Myria (MYRIA)'s All-In-One Blockchain Platform

Beyond L2 scaling, Myria (MYRIA) envisions an all-in-one blockchain platform, including a Myria (MYRIA) L2 wallet and NFT marketplace. This initiative aims to empower third-party gaming studios, NFT communities, and developers to easily create blockchain-powered games, dApps, and experiences. Myria (MYRIA)’s Partner division, through B2B technology solutions and a developer grant program, seeks to facilitate the onboarding of third-party developers onto the blockchain, ushering in the next frontier of the virtual economy.

Myria (MYRIA) Studios: Elevating Gaming and True Ownership

Myria (MYRIA) Studios, the player-focused gaming studio under the Myria (MYRIA) umbrella, is committed to delivering AAA quality games that emphasize true ownership and rewards. Leveraging Myria (MYRIA)’s core stack, Myria (MYRIA) Studios aims to establish an unprecedented blockchain gaming hub and metaverse.

MYRIA (MYRIA) Token: Fueling the Circular Economy

Central to Myria (MYRIA)'s ecosystem is the MYRIA (MYRIA) token, an ERC-20 utility token serving as the basis for transactions on the Myria (MYRIA) Layer 2 scaling protocol. Beyond transactions, MYRIA (MYRIA) will be distributed to players, node operators, and other ecosystem participants, creating a circular economy that accelerates the growth of the Myria (MYRIA) ecosystem.

In conclusion, Myria (MYRIA)'s multifaceted approach, combining advanced technology, developer empowerment, and an all-encompassing ecosystem, positions it as a trailblazer in Ethereum Layer 2 scaling. As the project continues to evolve, it holds the potential to redefine the landscape of blockchain gaming, NFTs, and decentralized applications.

What is unique about Myria (MYRIA)?

Myria (MYRIA) stands out for pioneering Ethereum Layer 2 scaling with zk-STARKs and StarkEx, seamlessly combining Ethereum-level security and scalability. Its innovative approach preserves L1 Ethereum security by bundling thousands of L2 transactions into a single transaction.

Who are the founders of Myria (MYRIA)?

Myria (MYRIA) was co-founded in 2022 by Brendan Duhamel, Ivan Fortunov, and Moonfrog, who collectively lead the project towards addressing key challenges in blockchain technology and creating a secure, scalable, and user-friendly experience.

Where can I buy Myria (MYRIA)?

You can buy Myria (MYRIA) on Bitget, MEXC, Bybit, Gate.io, KuCoin cryptocurrency exchanges.