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Miden

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Miden is a zero-knowledge (ZK) rollup layer 2 blockchain designed to enhance blockchain scalability, privacy, and security by shifting transaction execution and state management to the client side.

Seed Round: $25M

Miden White Paper Whitepaper

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What is Miden

Miden is an edge-first blockchain that empowers applications with scalable, private, and secure transactions. By moving execution and state management to the client side, Miden overcomes the traditional limitations of scalability, privacy, and security in blockchains. Users can execute and prove their own transactions through client-side proving, ensuring full control over their data and minimizing trust assumptions. Built with Rust and utilizing native asset storage, Miden fosters safer smart contract development while delivering high performance and privacy. It is the way blockchains were always meant to work — scalable, private, and secure.

Miden Roadmap

1
20 May 2025 | v0.9
  • Network accounts: Accounts publicly visible onchain
  • Storage map hashing: Keys are hashed before insertion for safer storage
  • Batch and block updates: Blocks and batches now include transaction headers
  • Developer tools: Improved validation, debugging, and structured VM errors
2
8 Jul 2025 | v0.10
  • Advanced authentication: Programmable auth stack with in-kernel deltas and per-procedure thresholds
  • Flexible note construction: Create and modify notes directly from scripts
  • P2IDE notes: New note type replacing P2IDR with time-locked notes
  • ScriptBuilder: Simplified API for building transactions and notes
3
26 Aug 2025 | v0.11
  • New address format: Add Address struct for routing private notes to private accounts
  • Private multisig: First multisig component for shared control over private accounts
  • Transaction summaries: Enable offchain review and signing of state changes
  • Async execution: Non-blocking transaction flow for safer key handling
  • Rust compiler: Write and compile contracts and scripts in Rust
4
13 Nov 2025 | v0.12
  • Private note routing: Canonical transport layer for private notes
  • ECDSA signatures: Support for signing transactions using ECDSA
  • Basic guardrails: Collection and storage of transaction data
  • Address format: New address format with public keys and interface info
  • midenup: Miden toolchain installer and project scaffolding
5
Dec 2025 | v0.13
  • Separate block building and proving: Increase transaction throughput to 500 TPS
  • User-defined batches: Allow atomic transaction chains
  • Agglayer bridging: Bridge assets to Ethereum and Agglayer chains
  • Network transaction improvements: Public note creation and oracle calls
  • Full Rust compiler: Write any in-protocol code directly in Rust
  • Long-running clients: Clients sync automatically and react to events
6
Feb 2026 | v0.14
  • Private multisig: Integration of the Private State Management module
  • Programmable assets: Enable compliant, private stablecoins
  • Agglayer settlement: Block proof verification using the Agglayer
  • midenup improvements: Integrated testing and debugging in midenup
  • Transaction fees: Expose transaction fees to users
7
Mar 2026 | v0.15
  • Mainnet: Mainnet launch

Funding Details

Funds Raised (as of now) 25,000,000 USD

Project team

Bobbin Threadbare
Bobbin Threadbare
Co-founder
Dominik Schmid
Dominik Schmid
Co-founder
Dominik Schmid linkedin-team
Azeem Khan
Azeem Khan
Co-founder
Azeem Khan linkedin-team
Ben Schiller
Ben Schiller
Head of Communications and Senior Adviser
Ben Schiller linkedin-team
Philippe Laferriere
Philippe Laferriere
Senior Staff Rust Engineer
Philippe Laferriere linkedin-team
Akshit Sharma
Akshit Sharma
Chief Operating Officer
Akshit Sharma linkedin-team
Philipp Keinberger
Philipp Keinberger
DevRel & Ecosystem Engineer
Philipp Keinberger linkedin-team
Ahmad Khan
Ahmad Khan
Product Designer
Ahmad Khan linkedin-team
Alexander John Lee
Alexander John Lee
Protocol Engineer
Alexander John Lee linkedin-team
Gaylord Warner
Gaylord Warner
Product Marketing
Gaylord Warner linkedin-team
Toby Hutton
Toby Hutton
Staff Compiler Engineer
Toby Hutton linkedin-team
Bernhard Schuster
Bernhard Schuster
Staff Software Engineer
Bernhard Schuster linkedin-team
Wiktor Starczewski
Wiktor Starczewski
Web Client DevEx Lead
Wiktor Starczewski linkedin-team
Adrian Hamelink
Adrian Hamelink
Applied Cryptography Engineer
Adrian Hamelink linkedin-team
Marco Stronati
Marco Stronati
Staff Rust Engineer
Marco Stronati linkedin-team
Jovan Lomoljo
Jovan Lomoljo
Community
Jovan Lomoljo linkedin-team
Denys Zadorozhnyi
Denys Zadorozhnyi
Staff Compiler Engineer
Denys Zadorozhnyi linkedin-team
Francois Garillot
Francois Garillot
Senior Staff Engineer
Francois Garillot linkedin-team
Philipp Gackstatter
Philipp Gackstatter
Sr. Staff Protocol Engineer
Philipp Gackstatter linkedin-team
Serge Radinovich
Serge Radinovich
Staff Protocol Engineer
Serge Radinovich linkedin-team

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