DEXes built as Automated Market Makers (AMM) can't compete on the number of writes to global state. Even AMMs built on chains with "parallelizable" exectution like Solana are limited, because the parallelization only applies to tx's which affect different parts of the global

A short explainer on why orderbooks + edge blockchains like Miden make a great match (no pun intended)

We can get a very fast chain without ZK, but to scale beyond what Solana offers - we need proofs. At some point the capabilities of a single, even top-spec validator will limit how many tx's can be re-executed. We don't have this problem with STARKs.

How to get ahead

Privacy isn’t just for secrecy, it’s how we scale ⚡ Verifying proofs is cheaper than recomputing transactions – that's the beauty of zero-knowledge proofs! So more privacy means less data to share, faster verification, and higher throughput.

From gpt-5: "here’s a finished, compiling-style [code] example" What is compiling-style? It looks like it compiles but actually doesn't? lol

Great question from frezabek! Tech-wise, compliance in protocols is straightforward. But the real hurdle? Navigating legal mazes across countries & defining authorities. It's a societal puzzle, not just code

Edge blockchains explained in 18s (At Miden we do *also* have global state but for best performance, stay #local, stay #private)

It's Monday. AND the first day of the month. No better time to get your shit together. LFG

soooo should we switch to centralized oracles?

Hot (?) take: all blockchain foundations should do that