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The liquidity in the crypto world is really hard to describe right now...
This year, there hasn't been a hype of shanzhai projects, and many people's faith has already collapsed. Most of the partners who entered the space together in 2021 are no longer paying attention to Web3.
Many public chains have also hit zero, and we hope they can improve a bit next year...
While most public chains are still proving their "faster and stronger" by stacking servers and increasing TPS, @0xMiden has chosen a completely opposite path — offloading the most labor-intensive tasks to user devices, and only performing the lightest verification work themselves.
The internal competition among traditional blockchains essentially concentrates all pressure on the node side:
Smart contract execution, state updates, data storage—all compressed onto a single chain. Nodes work tirelessly like 996 programmers year-round, ultimately resulting in high costs and low sustainability.
In contrast, 0xMiden's approach is closer to an extreme decentralized edge computing model:
1. Contract execution is done on users' phones and laptops.
2. The chain doesn't care "how you run it," only whether the "result is correct."
3. Users submit a proof of execution, not the execution process.
This is akin to downgrading the blockchain from an "all-powerful execution engine" to a highly trusted proof verifier.
Nodes no longer spend time calculating states; they only stamp: Proof OK, state updates; Proof invalid, reject immediately.
The first benefit of this "blame-shifting architecture" is privacy.
Since all real data and execution details stay on local devices, the chain only sees zero-knowledge proofs. Data naturally doesn't go on-chain, and privacy is automatically preserved without additional patches.
The second benefit is performance. Verifying a proof costs far less than re-executing the contract. The chain's bottleneck shifts from "computing power" to "verification throughput," making scaling paths immediately clear — adding verifiers ≠ increasing computational power and internal competition.
More radically, 0xMiden also implements "anti-hoarding" at the data storage layer.
Through epoch-based Nullifier Sets, the chain can periodically clean up expired states, preventing infinite growth of historical data.
The logic is simple but harsh:
The chain isn't responsible for keeping your entire history.
Want to use old states? Bring your proof.
If traditional public chains are about "centralized stacking of computing power," then 0xMiden is more like distributing computing power fragments to terminals around the world.
Phones heating up is no longer a waste of performance but working for the blockchain.
An even more futuristic scenario can be imagined:
While users are watching videos and using apps, they also run proofs effortlessly,
Nodes operate with light loads, and the chain remains low-load,
Real scalability comes from "everyone's devices," not bigger data centers.
0xMiden may seem to be "lying flat," but in reality, it is making a strategic architectural choice, breaking out of the dead end of TPS internal competition.