Midnight, a privacy-focused blockchain developed within the Cardano ecosystem and backed by Charles Hoskinson, has officially launched its mainnet. The initial involvement of major organizations such as Google Cloud and MoneyGram as node operators indicates a significant level of interest from the industry.
This network provides end-to-end programmable security infrastructure, integrates a hybrid ledger, client-side zero-knowledge proofs, along with hidden and public assets with a selective disclosure mechanism, helping balance privacy and compliance.
Midnight uses a two-token model: NIGHT for governance and resource generation, while DUST is used to pay transaction fees with a “recharge” mechanism like a battery. In addition, the “Compact” programming language based on TypeScript helps simplify development, especially when dealing with complex cryptographic technologies. Midnight acts as a privacy-focused partner chain that complements Cardano.
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