Miden Releases Testnet v0.16 Before Mainnet Launch

Privacy blockchain Miden announced the release of testnet v0.16, its final major testnet version before mainnet launch. According to Foresight News, the update enables network fees on testnet for the first time, with a typical transaction costing about one-hundredth of a cent. After mainnet launch, fees will be denominated in USDCx. The release also adds encrypted commitments for private transaction inputs, streamlines the multi-signature process, reduces the Web SDK production package size from 27.4 MB to 18.8 MB, and improves native token swap functions. Users can now set a minimum accepted amount and minimum fill volume to help prevent dust-level partial fills. Agglayer and Epoch integration are also ready and can be tested on the testnet.