2026-01-13 18:26:57

Miden adopts an interesting technical approach: using accounts to carry programmable logic, and notes as portable private objects, allowing these assets or messages to circulate like UTXOs. This design combines the advantages of two traditional models—accounts provide flexible rules and state management capabilities, while notes retain the independent and privacy-friendly features of assets. In this way, it can support complex on-chain logic operations without sacrificing the flexibility and privacy protection required by decentralized applications.

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CryptoTarotReader

· 01-16 14:02

This architectural idea is good, but I feel like the accounts part might become a new black box, and privacy is still a concern.

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TradFiRefugee

· 01-16 04:33

This combination of accounts + notes isn't a bad idea. It feels like trying to forcibly merge the flexibility of the account model with the privacy of UTXO. Is it feasible? Miden sounds wonderful in theory, but in practice, could it just be another case of armchair quarterbacking... Notes circulation is similar to UTXO, and privacy is indeed appealing, but isn't managing the state of accounts complicated? It seems like trying to have your cake and eat it too, but the design approach is indeed somewhat interesting. Combining the two models, doesn't it feel more prone to issues? By the way, when will this thing truly go live? Hopefully not just another PPT project.

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MEVSandwich

· 01-13 18:57

It sounds like Miden's account + notes combo really has something, with accounts managing logic and notes handling privacy, which seems to complement the shortcomings of both models.

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governance_lurker

· 01-13 18:56

To be honest, this design approach still has some merit. The dual-track system of accounts + notes indeed addresses the pain points. Miden is playing the model fusion game here, and it seems to have captured the essence on both sides. I'm a bit curious whether there will be performance bottlenecks when actually running... Privacy + flexibility at the same time? Sounds great, but I'm worried about the complexity explosion. Isn't this just leveraging the strengths of accounts and UTXO, a classic approach with a new packaging? But the combination is quite good, definitely better than just piling up features.

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ImpermanentPhobia

· 01-13 18:51

Oh no, this hybrid architecture is really quite impressive. The combination of accounts and notes feels like a double punch, leveraging the advantages of both account models and UTXO. Miden's move is indeed powerful; it can achieve both privacy and complex logic, but could it make the system more complicated to use? Honestly, this dual-track design sounds great in theory, but can it really be implemented smoothly? It seems like there could be quite a few pitfalls. It looks like Miden wants to get both fish and bear paws, but I worry that neither will be fully achieved. How is the interoperability between accounts and notes ensured? I always feel there's more to the story here. I have to say, this approach is indeed innovative, but I want to see how it performs in practice. There are too many projects that sound good in theory.

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MidnightSnapHunter

· 01-13 18:42

To be honest, the combination of accounts and notes is quite clever, finally someone has truly integrated the strengths of these two models. However, how Miden will perform in real-world implementation is the key... It's easy to talk on paper. I like that accounts can be programmed, and I prefer the privacy features of notes, but I wonder if it will become the next project overpromised. This design logic is indeed brilliant, balancing flexibility and privacy, something other chains could learn from. Basically, it's the liquidity of UTXO combined with the intelligence of accounts—sounds good, but actual performance depends on real benchmarks. Miden has found a balance in this area, unlike other designs that are all black or white. Really? Can accounts run complex logic while still ensuring the privacy of notes? If done reliably, that would be a groundbreaking innovation. This idea makes sense, but I'm more concerned about whether the gas fees will be as outrageous as other L2 solutions.

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gas_fee_therapist

· 01-13 18:40

Mixing accounts and notes—this idea is indeed innovative, feels like trying to combine the best parts of two worlds? If Miden's set of solutions can truly be implemented, the balance between privacy and complex logic could potentially change the game rules. Wait, can notes really circulate independently like UTXOs? How to ensure state consistency? Isn't this about creating something that combines Ethereum's flexibility with Bitcoin's privacy? Sounds a bit idealistic. No matter how well it's explained, the core issue is whether it can actually be realized; everything else is just talk.

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MeltdownSurvivalist

· 01-13 18:32

This design idea is truly brilliant. The combination of accounts and notes is much better than a simple model. Miden really hit the sweet spot between account-based and UTXO models this time, awesome. To put it simply, it's about privacy and flexibility—this is the right way. The flow of notes combined with accounts logic feels like what Web3 should be.

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