Myria is a new technology designed to enhance how we use digital collectibles (NFTs) and play games on the blockchain. It's built on top of Ethereum, known as a Layer 2 (L2) solution, and works with StarkWare to make everything smoother and more efficient.
What is Myria
Here’s how it works:
- Fast and Cheap: Myria speeds up transactions and removes the usual costs (gas fees) when creating (minting) or trading NFTs.
- High Transaction Speed: Uses Zero-Knowledge Rollup (ZK-Rollup) technology, which bundles many transactions into one. This can handle up to 9,000 transactions per second!
- Focused on Gaming and NFTs: Myria is all about making blockchain gaming and NFT use better. It does this by increasing the number of transactions and reducing costs, which is great for gamers and NFT enthusiasts.
- Developer-Friendly: Offers tools (SDKs) for game and blockchain developers, making it easier for them to create cool games and apps.
- Integrated User Platform: Comes with its own wallet and a marketplace specifically for NFTs.
In simple terms, Myria is making blockchain gaming and NFTs faster, cheaper, and more accessible for everyone, from game makers to players and collectors.
Team of Myria
Brendan D.
Co-Founder, Head of Blockchain
Brendan D. is the Co-Founder and Head of Blockchain at Myria. He has previously led blockchain initiatives at TradeIX, contributed to decentralized finance with DAM Finance, and founded Blockchain Consulting LLC to guide enterprises in blockchain adoption. He also holds dual B.S. degrees from Boston College in Economics and Computer Science.
Andrew Silber
CTO and Co-founder
Andrew Silber is the CTO and Co-founder of Myria. He previously served as the Director of Technology at Ubisoft, spearheaded game development at 2K, and established dragontrance, LLC. A Yale University alumnus, he specialized in Cognitive Psychology, emphasizing neural processing and cognitive psycholinguistics.
Myria review
Pros
ZK-Rollup Efficiency
Utilizes ZK-Rollup for high-speed Ethereum transactions, achieving up to 9,000 TPS.
No NFT Gas Fees
Users can trade NFTs without paying gas fees, making it cheaper and faster.
Developer Tools
Provides SDKs for game and blockchain development, helping game studios and NFT creators.
Decentralized Token
The MYRIA token rewards game developers and node operators, creating a self-running economy.
Gaming Network
Myria has built 3 games and supports a platform with 161 more games developed by others.
Cons
Ethereum Dependency
Myria's success is linked to Ethereum. Any problems with Ethereum could affect Myria.
Regulatory Risks
Changes in laws for cryptocurrencies and NFTs could pose challenges.
Security Concerns
All blockchain projects can face security threats or weaknesses.
Tough Market
There's a lot of competition in Ethereum scaling and NFT marketplaces.
Adoption Hurdles
Getting more game developers and players to use Myria isn't certain, despite partnerships.