> For the complete documentation index, see [llms.txt](https://docs.midasmine.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.midasmine.com/whitepaper/midas-tokenomics/blockchain-infrastructure.md). # Blockchain Infrastructure Building on Ethereum's Established Architecture for Scalability, Security, and Interoperability *** Midas has chosen Ethereum as the technological foundation for its blockchain infrastructure. Rather than developing an entirely independent blockchain architecture, Midas intends to build its Layer-2 network using Ethereum-compatible technology and established blockchain standards. Ethereum has become one of the most widely adopted programmable blockchain ecosystems, supporting decentralized applications, smart contracts, digital assets, and financial protocols. Its established developer infrastructure, open technical standards, and broad wallet compatibility make it a strong foundation for building a new blockchain ecosystem. Midas believes that building upon proven blockchain technology is a more practical approach than reinventing infrastructure that has already been extensively developed and adopted. Our objective is to use the established Ethereum architecture while developing a dedicated Layer-2 environment that serves the requirements of the Midas ecosystem. ### Why Ethereum?
Ethereum provides an established technological environment for developing blockchain applications and digital assets. Its adoption across the cryptocurrency industry offers several advantages for a project focused on long-term interoperability and accessibility. **Established Infrastructure** Ethereum has a mature blockchain infrastructure supported by a global network of developers, validators, infrastructure providers, and application builders. Building within this environment allows Midas to leverage established technologies instead of independently developing every component. **Smart Contract Technology** Ethereum introduced a widely adopted smart contract environment that allows developers to implement programmable blockchain functionality. Midas will use smart contracts to manage MID token functionality and other supported on-chain operations. **EVM Compatibility** The **Ethereum Virtual Machine** (EVM) provides a standardized execution environment for smart contracts. EVM compatibility allows developers to use established programming languages, development frameworks, and blockchain tools when building applications for compatible networks. **Wallet and Ecosystem Compatibility** Ethereum-compatible infrastructure supports integration with a broad range of blockchain wallets and development tools. This provides a foundation for users to manage MID through the Midas Wallet and compatible external wallets as network access expands. **Established Token Standards** Ethereum's token standards, particularly ERC-20, provide a common framework for fungible digital assets. These standards help tokens interact with compatible wallets, decentralized applications, and other blockchain services. ### Midas Layer-2 Architecture
Midas intends to develop a dedicated Layer-2 blockchain environment based on Ethereum-compatible architecture. Layer-2 networks operate above an underlying Layer-1 blockchain and are designed to process transactions outside the base layer while using the underlying blockchain as part of their security and settlement architecture. This approach can improve transaction throughput and reduce transaction costs compared with executing every operation directly on Ethereum Mainnet. For Midas, the Layer-2 approach is intended to provide an infrastructure suitable for its community, token transactions, wallet operations, and future crypto-related integrations. The planned architecture focuses on the following components: * **Execution Environment:** An EVM-compatible environment for processing transactions and executing smart contracts. * **Smart Contracts:** Programmable contracts responsible for MID token operations and supported network functionality. * **Transaction Processing:** Infrastructure for processing and recording on-chain transactions. * **Wallet Compatibility:** Support for Ethereum-compatible wallet interfaces and account management. * **Network Connectivity:** RPC infrastructure that allows wallets, applications, and developers to communicate with the network. * **Ethereum Settlement and Security:** Integration with Ethereum at the protocol level according to the selected Layer-2 architecture. The exact settlement mechanism, data availability configuration, and security model will depend on the final Layer-2 implementation. ### MID: The Native Digital Asset MID is the primary digital asset of the Midas ecosystem. The token will be implemented through smart contracts using Ethereum-compatible token standards. It will serve as the unified asset associated with mining migration and subsequent blockchain-based transactions. The Midas application currently maintains two mining accumulation categories, Gold MID (gMID) and Silver MID (sMID). These are internal mining categories rather than separate blockchain tokens. Following the official migration process, eligible accumulated balances from both categories will be converted into the unified on-chain MID token according to the published migration rules. Once the network opens for public access, MID will be available for supported blockchain transactions and external wallet management. ### Smart Contracts and EVM Compatibility Smart contracts are programs deployed on a blockchain that execute predefined instructions when users or other contracts interact with them. Midas will use smart contracts to implement its token functionality and supporting blockchain operations. The EVM-compatible architecture provides developers with access to established tools and programming environments, including Solidity, contract development frameworks, testing tools, and blockchain explorers. This compatibility is intended to simplify future development and reduce the technical barriers for developers who are already familiar with Ethereum. ### Wallet Interoperability
An important objective of the Midas blockchain architecture is to provide users with flexibility in managing their digital assets. The Midas Wallet will serve as the primary wallet during mining migration and the initial Internal Mainnet phase. During the Internal Mainnet, users will access supported P2P transaction functionality through the Midas application. Following the opening of Open Mainnet, users will be able to import their compatible wallet credentials into supported Ethereum-compatible external wallets and interact with MID outside the Midas application. This approach is intended to provide continuity between the mobile mining experience and broader blockchain asset ownership. ### A Foundation for Long-Term Development Midas does not intend to recreate an entirely new blockchain ecosystem without a clear technical purpose. Instead, the project aims to build upon established Ethereum technologies and develop its infrastructure around the specific requirements of its digital asset and community. By combining Ethereum-compatible smart contracts, Layer-2 infrastructure, wallet interoperability, and community-based token distribution, Midas aims to establish a blockchain foundation that can evolve alongside the broader cryptocurrency industry. **Our philosophy is simple: build on proven technology, develop with a clear purpose, and create infrastructure that serves the community.**