Miden releases testnet update: Rust compiler is live, ushering in the era of privacy multi-sig Miden @0xMiden is speeding up its development progress. If previous updates were laying the foundation, then November's update sends the most critical signal to developers: lower barriers, better tools. ■ Why has the privacy sector always been 'hard to implement'? Developing on ZK privacy chains used to come with two major pain points for developers: ❌ High language barrier: Developers had to learn obscure and complex assembly language, which discouraged most Solidity/Rust developers. ❌ Lack of infrastructure: Even basic tools like "multi-sig wallets" had to be coded from scratch, making institutional funds hesitant to enter the space. ■ Core Alpha of the November update According to Miden's official blog, this update precisely addresses the above pain points: ✅ Rust Compiler (v0.4.0): Developers can now write smart contracts, account logic, and note scripts directly in Rust, which are then automatically compiled into Miden Assembly. What this means: The massive Rust developer community can now seamlessly enter the ZK privacy sector via Miden. ✅ Native Multi-Sig Support: Miden finally supports native multi-sig functionality. Significance: This is the cornerstone of "privacy asset management" and a necessary condition for DAOs and institutional funds to enter the space. ■ Real-world value This update marks Miden's transition from a pure technical experiment to a developer-friendly ecosystem. The introduction of the Rust compiler is highly likely to trigger the first wave of native privacy applications (Privacy-Native Apps), such as private payments and dark pool trading. MATIC POL Miden ZK Privacy Rust