The view of blockchain technologies is enriched by a new opponent: Miden, an independent project born from Polygon LabsRecently closed a funding of 25 million dollars.
Leading the investment is A16z CryptoOne of the most influential creatures in the Tech Venture Capital sector. The goal? On the scale edge implementation and give the way for large-scale institutional adoption.
In addition to A16Z, the twist saw the participation of major players such as 1kx, Hack vc, Capital partners, Symbolic capital, P2 ventures, Delta Fund, MH ventures.
Moreover, there are well -known individual investors such as Rune Christensen (Makerdao's co-founder) and Sreeram Kannan (Eigenlayer founder).
A new chapter for Blockchain: Miden gets A16Z support
Miden stands for being a zero-knowledge proof (ZK) blockchain, designed to offer High scalability and Native privacy.
His innovative approach is based on a Hybrid consensus modethat changes the implementation of transactions from mainnet to so -called “Side devices”That is, the devices of the finishing users.
According to Bobbin threadbareCo-Founder of Miden and former Engineer in Meta, this architecture allows for the overcomes of traditional blockchains:
“Blockchains are allowed on scale without relying on supernodes or sacrifices DecentralizationWhile doing privacy a combined feature rather than a thought. “
In other words, the Miden aims to solve the Bottlenecks to hinder the efficiency of existing blockchains, which offers a solution compromised either decentralization or Privacy.
One of Miden's strengths is the ability to implement public and private transactions Throughout privacy. This aspect is specifically associated with institutionsthat requires solutions that comply with regulations about Data protection.
Threadbare's -Highlights how no blockchain is ready to market Mass adoption:
“The truth is that up to this point, blockchains do not offer privacy without compromising performance or programmability, which is a significant issue.”
In this context, the position of Miden itself as a catalyst for institutional adoptionfilling a space left by existing solutions.
The project aims to provide an infrastructure that combines Privacy, scalability, and resistance to censorshipBasic elements for the future of the web3.
The project has received full support from Sandeep Nailwal, founder of Polygon Labs, describing Miden as:
“The aspect of the future of the blockchains. With edge implementation In the middle, this is not just an update, but the project for the final form of blockchain architecture. “
Roadmap and future goals
According to Nailwal, Miden has an ambition to compete with solana, sui, and aptospositioning itself as a Native chain of agglayer ecosystem and contributes to the growth of Liquidity of crosschain.
Its independent construction, he added, makes it particularly suitable to attract capital and attention To compete with the highest sector levels.
Moreover, expect that about 10% of Miden's native tokens Shared with Polygon and stakers holdersas a testament to the connection between the two ecosystems and as an incentive for participation.
The fund that only acquired will be allocated to Continued Platform Development And the Launching Mainnetscheduled for Quarter of 2025.
This milestone represents a key step for integration -included Miden as a Blockchain Infrastructure reference for institutional and decentralized applications.
Meanwhile, the team will continue to work on the implementation of the edge, securityand User experienceBasic elements to ensure a proper move toward a wider adoption.
The theme of confidentiality is further central to the evolution of the evolution of blockchain technologies. According to REMI GAIInco founder, the lack of privacy has been limited to the institutional adoption.
GAI featured how emerging technologies Fully homomorphic encryption can unlock up to 1 trillion dollar of capital For the cryptocurrency sector.
In this situation, the position of Miden itself as one of the most promising solutions, which offers an infrastructure that meets the needs of Compliance with regulation, Technical scalabilityand data protection.
Conclusion: Miden as a bridge between change and adoption
With the support of the leading investors and a technological vision, the position of Miden itself as one of the most interesting projects in the current blockchain scene.
Its architecture based on Zk-proof And the implementation of the edge can represent a success for the entire sector, opening doors to the large-scale institutional adoption.
For a moment when confidence in decentralized technologies is growing, but still hindering structural limits, Miden has offered a concrete response to scalability challenges, privacy, and decentralization.
The year 2025 is shaping up to be an important year for its validation: Launching Mainnet will be a test place to show if this vision can be a reality.
