#nigt @MidnightNetwork Today nigt has sent out benefits again, everyone can actively participate, and who knows, you might accidentally win, after all, the project party is so strong and generous.
#nigt = Charles Hoskinson uses DUST to separate privacy costs and token value + the glacier airdrop pulls the selling pressure to 360 days + compliant privacy allows institutions to dare to use it → this is not a privacy coin, this is 'privacy infrastructure Cardano 2.0'.
NIGHT is not selling privacy, it is selling 'programmable, selectively disclosed privacy' + Charles Hoskinson's personal credit endorsement + the invisible liquidity pool of the Cardano ecosystem.
1. Dual token / dual resource model (the most innovative design)
• NIGHT: Normally tradable, governable, and stakable tokens, like most L1 native coins, responsible for value storage, voting, and future consensus rewards.
• DUST: A type of 'one-time fuel' specifically used to pay for privacy transaction fees. DUST is non-transferable, non-storable, and naturally decays over time; it disappears once used (to prevent hoarding speculation).
→ This design directly separates 'privacy costs' from 'token value', avoiding the issues where privacy coins like Zcash are easily monitored by regulators, while allowing ordinary users to trade privately without directly burning NIGHT.
Most privacy projects are either fully private (easily abused by malicious actors) or half-hearted. Midnight takes a programmable privacy approach: developers can finely control which data is public, which is hidden, and to whom it is disclosed (zero-knowledge proofs + selective disclosure).
This is particularly friendly to enterprises, institutions, and compliant DeFi — regulators can see what you allow them to see, and if you don’t want to show it, they truly can’t see it.
