I just took a glance at the market, $BTC reclaimed the $70,500 mark, and Binance's spot-futures open interest ratio skyrocketed to 5.1, setting a new high since mid-2023. There was a cheer in the community, but I was pondering another thing: the market is coming, money is moving, but is your data moving?
Is it heart-wrenching? Every time the market celebrates, all we can bring to the table are USDT and coins. Those data lying on the hard drive are like the aged Maotai stored at home—knowing they are valuable but unable to cash out. What’s more frustrating is that those AI companies outside crawl your public information every day, and you can't even ask for a "copyright fee."
This is the greatest sorrow of "historical generated content": data lying still is called "dead assets"; being able to let it run out and work is called a "living wallet."
@MidnightNetwork did something particularly clever this time—it doesn't let your original data "go out," but allows your data to "work remotely." How did it do this? By using zero-knowledge proofs (ZK) to set up a "data embassy."
Let me give you an example, and you'll understand. A medical company has three million patient records. This used to be top secret; who would dare to connect to the internet? But on Midnight, these data can "hibernate" locally, and when a pharmaceutical company needs to verify gene patterns for a rare disease, it doesn't have to package and send over thirty thousand cases. Instead, it runs a zero-knowledge proof locally and finally returns just one sentence: "After verification, the effective rate for patients with this gene mutation is 89%."
You see, the pharmaceutical company got the "truth" it wanted, and your data never left the hard drive by a millimeter. This is how I understand Midnight’s ambition—it’s not building a cabinet to "hide things" but creating a labor market that "lets data work but doesn't sell its soul."
Every time your data is accessed, your account's DUST jingles. Although DUST can't be hoarded for wealth, it is the fuel for you to "breathe" in this network. You provide proof, and others give you "fuel expenses," turning your historical data from a pile of binary junk into a "digital laborer" that earns you Gas every day.
Stop treating data like ancestors to be worshipped. In the world of Midnight, letting data learn to go out and "work" is the most dignified way for contemporary investors to turn their fortunes around.
#night $NIGHT
Is it heart-wrenching? Every time the market celebrates, all we can bring to the table are USDT and coins. Those data lying on the hard drive are like the aged Maotai stored at home—knowing they are valuable but unable to cash out. What’s more frustrating is that those AI companies outside crawl your public information every day, and you can't even ask for a "copyright fee."
This is the greatest sorrow of "historical generated content": data lying still is called "dead assets"; being able to let it run out and work is called a "living wallet."
@MidnightNetwork did something particularly clever this time—it doesn't let your original data "go out," but allows your data to "work remotely." How did it do this? By using zero-knowledge proofs (ZK) to set up a "data embassy."
Let me give you an example, and you'll understand. A medical company has three million patient records. This used to be top secret; who would dare to connect to the internet? But on Midnight, these data can "hibernate" locally, and when a pharmaceutical company needs to verify gene patterns for a rare disease, it doesn't have to package and send over thirty thousand cases. Instead, it runs a zero-knowledge proof locally and finally returns just one sentence: "After verification, the effective rate for patients with this gene mutation is 89%."
You see, the pharmaceutical company got the "truth" it wanted, and your data never left the hard drive by a millimeter. This is how I understand Midnight’s ambition—it’s not building a cabinet to "hide things" but creating a labor market that "lets data work but doesn't sell its soul."
Every time your data is accessed, your account's DUST jingles. Although DUST can't be hoarded for wealth, it is the fuel for you to "breathe" in this network. You provide proof, and others give you "fuel expenses," turning your historical data from a pile of binary junk into a "digital laborer" that earns you Gas every day.
Stop treating data like ancestors to be worshipped. In the world of Midnight, letting data learn to go out and "work" is the most dignified way for contemporary investors to turn their fortunes around.
#night $NIGHT