Myria’s official whitepaper is live, giving both existing Myrians and new community members a detailed introduction to Myria’s Web3 ecosystem and tokenomics.
The whitepaper provides a comprehensive overview of the Myria gaming platform, including detailed information on its infrastructure, features, and tokenomics. The platform’s use of zk rollups, node infrastructure, and incentivization mechanisms are designed to provide a fast, secure, and efficient gaming experience for users while enabling them to participate in the governance and development of the network.
What exactly will you find in the Myria whitepaper? Some of the points covered in the paper include:
Myria Overview
Myria is a scaling solution for Ethereum Layer 2 (“L2”) that is designed specifically to handle blockchain gaming, NFTs, and other functions. Created in collaboration with StarkWare, Myria’s L2 scaling solution enables instant confirmation of trades, 0 gas fees for NFT minting and trading, and ensures the security of users’ assets.
The ZK Tech Used by Myria
By utilizing StarkWare’s STARK prover and Zero-Knowledge Rollup (ZK-Rollup) technology, Myria’s L2 can bundle thousands of transfers into a single transaction, providing up to 9,000 transactions per second (TPS) and improving throughput and reducing transaction costs.
Myria’s L2 is based on the StarkWare prover and ZK-Rollup technology, which aggregates thousands of L2 transactions into a single Ethereum transaction, resulting in increased throughput and lower transaction costs, making for a seamless token experience.
Myria SDKs
Myria’s high-level SDK has been designed to provide developers with an easy way to build on blockchain. The SDK will include plugins and tools to support a variety of engines, such as Unity, Unreal, and HTML5. This will allow developers to seamlessly integrate with the Myria gaming ecosystem, providing character and item interoperability, inventory management, and login/authentication services, among other features.
Myria Wallet & Myria Marketplace
The Myria L2 wallet addresses the common issue that many scaling solutions have faced in recent years, which is that as the underlying technology becomes more advanced, the user experience tends to become more complex. Myria’s solution offers a streamlined user experience that makes it easy for users to interact with the platform.
At the same time, Myria’s NFT marketplace provides users with a convenient way to purchase NFTs produced by Myria Studios and other developers. Users can buy NFTs directly from the Myria listing, as well as from other marketplaces connected through Myria’s universal order book. This enables users to access a wider range of NFTs and provides developers with additional avenues to sell their creations.
Myria Nodes
Nodes are the foundation of Myria’s ecosystem, as they are responsible for providing the necessary functions to operate a secure and decentralized L2 network. The growth of the ecosystem is supported by each of these nodes, with a maximum limit of 40,000 nodes in total. Node operators play a significant role in contributing to the growth of the Myria ecosystem, and those who fulfill the daily requirements of operating a node will receive daily distributions of MYRIA as a reward.
The MYRIA Token
MYRIA serves as the native token of the Myria Web3 ecosystem and offers deep utility to its holders. The token serves as the basis for transactions on the Myria L2 scaling protocol. MYRIA will be distributed to selected game-developing partners, node operators, and other participants in the ecosystem, creating a circular economy between users to accelerate ecosystem growth.
To get more information on all aspects of Myria, read the full Myria whitepaper.
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