نشر
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Saïd BNB
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Is it true that $NIGHT Can Make Privacy Pay without Breaking Everything?
@MidnightNetwork | #night
I was excavating Midnight Network yesterday, and something fell. Consider creating an application that has to demonstrate something such as a loan application or a health record without providing any data to anyone. Sounds impossible, right? This is just what Midnight is trying to resolve.
The twist here is that, $NIGHT is not a token that you carry. It drives the network, and forms a separate privacy fuel automatically. All of the transactions, all of the private computations rely on this fuel, thus, your secrets remain confidential, and the network continues to run normal. I observed it in practice on a testnet example: a contract confirmed a statement concerning user data without showing any information. That’s not hype. That’s engineering.
And the story gets juicier. The community events of Midnight, such as Glacier Drop propagated a lot of $NIGHT liquidity and it almost turned liquid overnight. Suddenly, developers were able not only to use tokens but also privacy tools and people began to create apps that they never imagined could be created. Naturally though, there is liquidity, there is volatility. It is surreal to observe the movements of the price of $NIGHT and have private applications running properly.
What excites me most? Midnight does not focus on privacy as a programmable resource but a checkbox. ZK contracts, privacy budgets, automated decay, all these are meant in such a way that developers do not have to think about secrets: they can just build. And that is the film I am observing happen.
The actual question is now: is there a way that $NIGHT can survive the spotlight? Is privacy infrastructure or a nice-to-have? Assuming that Midnight hits this, it will change our way of thinking about blockchain apps, which are not only private but also programmable and can be used fully. And honestly… I do not mind seeing that play out.
#night
#SaidBNB
I was excavating Midnight Network yesterday, and something fell. Consider creating an application that has to demonstrate something such as a loan application or a health record without providing any data to anyone. Sounds impossible, right? This is just what Midnight is trying to resolve.
The twist here is that, $NIGHT is not a token that you carry. It drives the network, and forms a separate privacy fuel automatically. All of the transactions, all of the private computations rely on this fuel, thus, your secrets remain confidential, and the network continues to run normal. I observed it in practice on a testnet example: a contract confirmed a statement concerning user data without showing any information. That’s not hype. That’s engineering.
And the story gets juicier. The community events of Midnight, such as Glacier Drop propagated a lot of $NIGHT liquidity and it almost turned liquid overnight. Suddenly, developers were able not only to use tokens but also privacy tools and people began to create apps that they never imagined could be created. Naturally though, there is liquidity, there is volatility. It is surreal to observe the movements of the price of $NIGHT and have private applications running properly.
What excites me most? Midnight does not focus on privacy as a programmable resource but a checkbox. ZK contracts, privacy budgets, automated decay, all these are meant in such a way that developers do not have to think about secrets: they can just build. And that is the film I am observing happen.
The actual question is now: is there a way that $NIGHT can survive the spotlight? Is privacy infrastructure or a nice-to-have? Assuming that Midnight hits this, it will change our way of thinking about blockchain apps, which are not only private but also programmable and can be used fully. And honestly… I do not mind seeing that play out.
#night
#SaidBNB
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