To put it simply, Miden’s move isn’t about creating its own “privacy coin mint”; what they’re aiming for is a much bigger game—building a “compliant privacy asset industrial park,” providing every developer who comes in with a “standardized toolkit” (for example, seamlessly integrating privacy technology into ERC standards).
What position does this approach put them in? As the underlying operating system for the privacy finance track, just like what Android was to the mobile internet back in the day—providing the infrastructure and letting the ecosystem grow on its own.
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DAOdreamer
· 12-08 05:00
Damn, Miden's approach is really brilliant. Instead of focusing on tokens, they're building the ecosystem... It's kind of like what Ethereum did back in the day, directly becoming the infrastructure provider for the privacy sector. Once the ecosystem grows, they'll naturally grow as well.
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GasFeeNightmare
· 12-08 04:57
My mind is a bit foggy looking at this late at night, but Miden's approach is indeed impressive—the fact that building infrastructure is more profitable than making your own coin is something everyone understands. The key is whether it can truly gain traction and not just be all talk.
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DevChive
· 12-08 04:56
Oh wow, Miden's move is really bold—not creating a token but building the foundational ecosystem. It kind of has that Android vibe.
To put it simply, Miden’s move isn’t about creating its own “privacy coin mint”; what they’re aiming for is a much bigger game—building a “compliant privacy asset industrial park,” providing every developer who comes in with a “standardized toolkit” (for example, seamlessly integrating privacy technology into ERC standards).
What position does this approach put them in? As the underlying operating system for the privacy finance track, just like what Android was to the mobile internet back in the day—providing the infrastructure and letting the ecosystem grow on its own.