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Home»EXCHANGE NEWS»Polygon unveils Miden Alpha testnet
EXCHANGE NEWS

Polygon unveils Miden Alpha testnet

By Crypto FlexsMay 7, 20241 Min Read
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Polygon unveils Miden Alpha testnet
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Polygon, an Ethereum-focused layer 2 upgrade service, has made available the Miden Alpha Testnet with its zk platform targeting builders. This gives users the option to generate evidence for state transitions.

Miden helps builders increase their output applications by improving their privacy factors.

Polygon is reaching out to builders to gain exposure for certain key features, such as private and public notes. Additionally, private and public accounts can join hands to implement simplified smart contracts such as issuing new tokens, exchanging assets, and creating faucets.

Polygon has several services that make it the best layer 2. The Polygon technology stack has enabled enterprises to create their own individual chains. Ernst & Young (EY) has benefited from a new era of technology.

EY has adopted Polygon PoS as its contract management mechanism. Companies like Flipkart, Prada, and Adidas have also been linked to the Polygon protocol.

Polygon’s existing token, MATIC, was trading at $0.1788, down 1.92%.

Because several protocols are inexpensive, community members are inquiring about them. In addition to Miden, Ethereum Layer 2 comes with zkEVM, CDK, and PoS. They have abilities that strengthen the builder to achieve their goals.

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