Muon — Connecting Blockchains on the Next Level
The decentralized Muon Network enables blockchain projects & dApps to seamlessly connect to different blockchains and services — enabling a completely new level of potential for the booming web3 economy.
Muon itself is strictly not a blockchain, but is similar in key ways. It is a decentralized node-network, enabling fully secure cross-chain transactions and computation in near instantaneous speeds.
Developers can easily integrate their applications with Muon and scale their services to interact with multiple blockchains, oracles and even large quantities of off-chain data.
The Muon Network is not a competitor to blockchains, but a perfect decentralized addition instead — another piece in the tech-puzzle of the next generation economy.
Muon’s Origins
Muon first began by solving ‘the oracle problem’, by using a structure we call ‘subsequential consensus’.
Our development team created an infrastructure whereby decentralized nodes can sign and verify data across different blockchains, with the data being secured by collateral posted by the signing node, while other nodes work in the background to verify the data as true. What we discovered is that when you solve the oracle problem you also solve a lot of other blockchain problems. Muon was born.
Following the oracle solution, we realised that Muon nodes could provide both decentralized computation and cross-chain interfacing for a wide variety of potential use-cases. Developers could for the first time see over the closed wall of the chain their application is built upon, toward a much broader market.
As such, Muon was never intended to replace blockchains or to compete with them. Instead, it is a node-network service which unites blockchains, expanding the ecosystem as a whole.
Immutable vs Short-term Data Storage
Blockchains by their nature create an immutable ledger, a series of transactions which are permanently saved on-chain and can never be altered.
Because of that, they require a lot of memory, processing and mining power, as each new transaction gets added to the ledger.
On the other hand, Muon does not need to store data for long periods of time. The node-network simply accesses the blockchain data, while signing and verifying transactions. Once the transactions are complete, the data is no longer needed by Muon nodes. This allows Muon to operate quickly, as data storage is only temporary.
In a simple analogy, blockchains can be thought of as the hard drives of computers, while Muon is more like the CPU or RAM providing the immediate computational power.
As such, a combination of blockchains and Muon’s node-network services provides one of the fastest ways to process any cross-chain transaction at present.
Broad Market Access
On Muon, every transaction has a (monetary) value attached to it, rather than a computational value.
This monetary value determines the collateral requirements of the signing nodes. Muon partners can customize those requirements, and soon will be able to run their own nodes and create specific requirements around others they interact with.
Leveraging this network, an application using Muon could interact with multiple chains at the same time, therefore providing broad market access for all sorts of DeFi, gaming, NFTs and other exciting use-cases.
To find out more about Muon, click here.
Stay tuned for the coming launch of the $MUON Token.
