This Project Wants to Fix What Every Blockchain Gets Wrong – and Just Got Funded

Miden, a zero-knowledge-focused network spun out of Polygon Labs, secured backing from top investors including a16z Crypto, Hack VC, 1kx, and several well-known figures in the Web3 space.

Unlike traditional chains, Miden plans to shift computation to users’ own devices through what it calls “edge execution,” a design that eliminates the need for centralized validators while preserving privacy.

The protocol is being built with institutions in mind, targeting the growing demand for secure, compliant blockchain infrastructure.

READ MORE:

TRON Breaks $1B, Avalanche Targets $62 But Real Money is Behind Web3 ai’s Cutting Edge AI Vision

Miden’s launch strategy includes integrating with Polygon’s broader cross-chain liquidity system and offering an airdrop of its native token to existing Polygon stakers. The network is expected to go live in late 2025.

The team behind Miden sees its approach as a missing piece in today’s blockchain stack—especially for enterprises that need private, censorship-resistant smart contract platforms.

With growing interest in tokenized finance and confidential transactions, Miden is positioning itself not just as another Layer 2, but as a new standard for programmable privacy at scale.

The post This Project Wants to Fix What Every Blockchain Gets Wrong – and Just Got Funded appeared first on Coindoo.