I keep circling back to this question: does selective disclosure actually fix Web3’s compliance headaches without gutting the privacy we all care about? That tension just feels real. Blockchains are great for verification until you realize they put way too much on display. It’s cool that anyone can check what’s going on… until sensitive info gets dragged into the open. Suddenly, all that transparency stops being empowering and starts looking invasive.
But swing the other way, and you get private systems, which are much better for users at least on the surface. Problem is, when you hide too much, it gets harder for people to trust the system. Oversight slips, and compliance starts looking shaky.
I try to look at it in basic terms.Think about a health app, or onboarding at a new job, or anything that just needs to check if you meet a requirement. Most of the time, you just want proof the box got ticked not your whole life story dumped out. That’s why I keep coming back to Midnight’s take on this. Selective disclosure doesn’t feel like some tech idealism it actually matches what people need.
Of course, it’s not all smooth sailing.These setups are tricky to explain, tricky to build, and, let’s be honest, tricky for institutions to accept at first. So really, it’s not about whether privacy still matters (it does).The real question is whether Midnight can actually blend privacy and compliance without one chipping away at the other.
@MidnightNetwork #night $NIGHT
