Miden Opens Partner Mainnet With Public Access Planned in Coming Months

Miden has opened a partner-restricted mainnet for invited users, introducing mobile transaction proving and stablecoin fee payments ahead of a public launch planned for the coming months.

Client-side proofs let users generate transaction proofs on their own devices. Most transactions can be proved on mobile devices within three seconds. Users can pay fees with the USDCx stablecoin, and accounts can be protected through a Guardian system.

The network connects with other chains through Circle xReserve, AggLayer, NEAR Intents and Epoch. It also has a protocol-level decentralized exchange accessible through the Bread wallet.

Miden's initial security rules require validators to collect users' private transaction inputs to verify proofs. Transaction details are stored with threshold encryption so specific records can be decrypted in exceptional cases, such as a hack.

Miden plans to open public mainnet access in the coming months. That transition is expected to replace Poseidon2 with a Blake3-based hash function, revise the fee model and strengthen block-level proofs. Miden plans to decentralize in stages afterward and remove the current security restrictions.

Miden is a zero-knowledge proof blockchain.