𝐍𝐄𝐖 𝐏𝐎𝐓𝐄𝐍𝐓𝐈𝐀𝐋 𝐀𝐈𝐑𝐃𝐑𝐎𝐏 | 𝐌𝐈𝐃𝐄𝐍 | 𝐋2 𝐏𝐑𝐎𝐉𝐄𝐂𝐓 | 𝐑𝐀𝐈𝐒𝐄𝐃 $25𝐌 𝐋𝐞𝐝 𝐛𝐲 𝐚16𝐳 𝐨𝐧 𝐀𝐩𝐫𝐢𝐥 29, 2025

 

What is Miden?

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. This approach allows users to generate and verify their own transactions locally, reducing the need for re-execution on the main chain. By enabling client-side proving, Miden aims to alleviate the computational burden on the network, facilitating more efficient and scalable decentralized applications.​

In terms of privacy, Miden's architecture empowers users with full control over their data and transaction details through self-custodied state management. Security is bolstered by supporting smart contract development in Rust and incorporating built-in account abstraction. Additionally, native asset storage for user accounts minimizes the attack surface, enhancing overall system robustness.

How can we postion ourselves? for potential Airdrop?

Testnet (first activities)

On April 29, 2025 Miden raised $25M! The project will launch a testnet soon, but we can already perform the first activities and become early users. The faucet is not working at the moment. Keep an eye on Telegram for announcements.

 

1. Install Miden wallet.

2. Request test tokens from the faucet (at the time of writing this guide it does not work):

3. Or you can create your own faucet here:

4. Then request tokens from it (if tokens are not credited to your wallet, click Receive -> Claim):

5. Send test tokens to any wallet (you can use yours or this one: 0x14d1d09e92a82a823131000008118ed54a9). In the Faucet ID field, enter the ID of your previously created faucet:

Sources: 
https://cryptorank.io/drophunting/miden-activity785
https://icoanalytics.org/projects/mide

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