Polygon (MATIC), acknowledged for its scaling options for Ethereum, has introduced the launch of its Miden testnet, a zero-knowledge (zk) expertise that guarantees to revolutionize the capability and privateness of transactions on the Ethereum blockchain. This launch represents a big step within the aggressive Ethereum scaling sector, providing builders new instruments to enhance community effectivity.
Miden Key Features
Miden is a zk-rollup, a Layer 2 scaling answer that strikes community compute and state off-chain, whereas recording transaction knowledge immediately on the Ethereum essential chain (Layer 1). This expertise significantly reduces the computational load of Ethereum, leading to sooner and cheaper transactions for customers.
Innovations in Privacy and Scalability
The Miden testnet, known as Miden Alpha Testnet, was launched on May 6 and is designed to supply vital enhancements by way of privateness and scalability:
- Client Side Testing: Allows customers to create assessments for his or her state transitions with out revealing the state to the community, which improves privateness.
- Parallel Execution of Transactions: Facilitates concurrent processing of transactions, permitting for a lot increased efficiency in comparison with the Ethereum mainnet.
- Private Accounts and Transactions: Supports tokens and personal transactions, retaining solely the account hash on the blockchain.
Additionally, Miden provides adaptive good contracts and customized node scripts, permitting builders to put in writing their very own scripts utilizing the Miden digital machine (VM) and programming languages comparable to Rust.
Roadmap and Competition
Miden enters a aggressive area alongside different Layer 2 scaling applied sciences comparable to StarkWare’s StarkNet and Matter Labs’ zkSync Era. Polygon can be creating zkEVM, a scaling answer that’s functionally suitable with the Ethereum Virtual Machine, permitting for Full compatibility with most current good contracts, instruments and wallets.
A testnet for builders is scheduled for September, though a date for the mainnet launch has not but been specified.
Technological Architecture
Miden works via a number of specialised modules:
- Tx Prover: Executes transactions and offers proof of them.
- Tx Aggregator: Combine a number of assessments to cut back the scale of the ultimate state check utilizing recursive testing.
- Block Producer: Provides the RPC interface to customers and manages transactions within the transaction pool, sustaining the state of Polygon Miden via three databases: accounts, notes and nullifiers.
The launch of Miden underscores Polygon’s continued dedication to innovation in blockchain scaling, marking an necessary milestone for the way forward for advanced functions and widespread adoption on the Ethereum community.
