Miden Opens Its Invite-Only Partner Mainnet, Privacy Guardrails Included
BanklessWilliam M. Peaster
Invited users can now move real funds on the Polygon spin-off's privacy chain, though validators can still see private inputs for now. Miden, the a16z-backed privacy chain that spun out of Polygon last year, opened its partner mainnet on Monday (Oct. 26th). Launch partners and invited users can now transact on it with real funds for the first time. This is a limited, temporary phase meant to stress-test the network. Co-founder Bobbin Threadbare says the public mainnet is a few months out. How it works: On Miden, your own device runs each transaction and proves it with STARKs, a type of zero-knowledge proof that relies only on hash functions. The chain stores just commitments (hashes) of private account data.
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