#night $NIGHT
Meeting privacy + compliance needs of blockchain!
## Why was Night born?
Traditional public chains, such as Ethereum and Bitcoin, have achieved decentralization and transparency, but all transactions are publicly traceable, making it impossible to meet users' privacy needs.
On the other hand, public chains focused on privacy, such as Monero and Zcash, while ensuring privacy, are avoided by regulatory agencies due to their completely untraceable transaction characteristics, making it difficult to gain recognition in compliance.
Night was created to solve this pain point; it has achieved what others have not:
Privacy + Compliance, both at the same time
In plain language:
· Usually: Your assets and data are not visible to others.
· When necessary: You can provide proof to regulatory agencies (such as the police or banks) without exposing all information.
Meeting privacy + compliance needs of blockchain!
## Why was Night born?
Traditional public chains, such as Ethereum and Bitcoin, have achieved decentralization and transparency, but all transactions are publicly traceable, making it impossible to meet users' privacy needs.
On the other hand, public chains focused on privacy, such as Monero and Zcash, while ensuring privacy, are avoided by regulatory agencies due to their completely untraceable transaction characteristics, making it difficult to gain recognition in compliance.
Night was created to solve this pain point; it has achieved what others have not:
Privacy + Compliance, both at the same time
In plain language:
· Usually: Your assets and data are not visible to others.
· When necessary: You can provide proof to regulatory agencies (such as the police or banks) without exposing all information.