Miden Partner Mainnet Launches, Plans Transition to Public Mainnet in Coming Months

The Miden partner mainnet is now open to partners and invited users, supporting client proofs, with most transactions being provable within 3 seconds on mobile devices. Accounts are protected by a guardian mechanism, and transaction fees can be paid using the stablecoin USDCx. It supports interoperability with multiple chains and includes a protocol-level DEX that users can access through the Bread wallet. Initially, there are security restrictions in place, where validators collect users' private transaction inputs to verify zero-knowledge proofs and store transaction details with threshold encryption. Miden plans to transition to a public mainnet in a few months, at which point it will switch the hash function from Poseidon2 to a Blake3-based solution, improve the fee model, and enhance block-level proofs, gradually advancing decentralization and lifting security restrictions.

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