Muon is a decentralised node-network enabling applications to run on-chain. Partners can customize their desired level of security, by choosing the number of node signatures and collateral requirements needed to sign transactions.
Muon was built to offer decentralized cloud computing, with cross-chain interoperability and secure oracle data feeds. Additionally, we are working on launchpad services for new projects, permissionless NFTs, and many other use-cases for gaming, DeFi and dApps.
Signing Nodes and Subsequential Consensus
Muon’s node-network provides integrity to on-chain transactions through collateral guarantees from signing nodes, and consensus provided by verifying nodes.
Partners decide the number of nodes needed to sign a transaction and the amount of collateral required from them. Such requirements vary partner to partner, depending on the risk associated with the transaction. Once the transaction has been signed to the chain, other nodes then begin to verify the data and form a consensus.
This subsequent consensus structure allows Muon nodes to provide data and insure it, while that data is being verified by other nodes in parallel, therefore allowing users to execute on data immediately, knowing the transaction is secured financially.
Smart Contracts, Cross-Chain dApps and NFTs
Muon’s cross-chain interoperability allows partners to create smart-contracts such that dApps can easily interact with a variety of chains, signing transactions on one and executing outcomes on another.
A number of partners are already leveraging this cross-chain infrastructure. For example, DEUS Finance uses Muon’s infrastructure to enable gas-efficient, cross-chain interoperability for its $DEI stablecoin, and NFTrade is building permissionless cross-chain functionality for their NFT platform.
Oracles and RNGs
Muon has built custom dApps for partners to interact with off-chain data efficiently.
Pythia is an oracle built by Muon for our partner Deus Finance. It offers up to 50,000 live stock prices instantaneously, supporting Deus’s synthetic trading of real-world assets. Muon’s node network and unique collateral structure secures and provides integrity to this data.
We’ve also built a random number generator into the Muon application, allowing partners to generate randomisation without the need for a third party oracle. With fewer parties needed to complete contracts, transaction speeds are improved, gas is optimised, and users are secured against any off-chain risk. The RNG has many use-cases, from 2FA security to gaming mechanics to NFT minting, and beyond.
Build with Muon
Muon helps supercharge existing projects, adding security, cross-chain interoperability, and a variety of custom dApp functionalities. Reach out to us today to see how our decentralised node-network can help ensure your success.
Interested in investing in Muon? Keep an eye on our social media for more information about our upcoming token launch, coming soon.
Find out more about Muon here.
