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Miden in Simple Terms
@0xMiden is a programmable privacy network for the compliance finance
✧ it combines blockchain power with essential business needs
❖ Key Advantages of Miden:
➛ customizable privacy: devs can choose public/private transaction modes
➛ quantum security: post-quantum cryptography against future threats
➛ regulatory readiness: programmable privacy ensures regulatory clarity
❖ Fundraising Info:
➛ Total raised: $25M
➛ Investors: a16zcrypto, 1kx, Hack VC, Finality, MH Ventures, P2 Ventures, Symbolic Capital, Sandeep Nailwal and others
Miden enables creation of app combining scalability, privacy & compliance
this overcomes the inherent limitations of traditional blockchains
❖ developers gain a flexible and secure toolkit, provided by:
➛ local proving (client-side proving)
➛ self-custodied state
➛ rust-based smart contracts
this unlocks opportunities for building previously unavailable applications