Recently, the winds of regulation have been blowing fiercely. Every big player and small retail investor must feel anxious every time they withdraw funds. Whether it’s Alipay, bank cards, or established merchants, issues often arise. A few transactions come in, and the lightest consequence is a warning, while the heaviest could be risk control and card freezing. If one encounters a lawsuit, it’s unfortunate; if one encounters a situation where the facts are hard to clarify, in this high-pressure regulatory state, it perfectly confirms the logic of @MidnightNetwork . Every transaction we make is transparent in the eyes of the authorities.

In the past couple of days, there’s been another major event. During a live broadcast on X at the payment forum hosted by B, industry leaders discuss the future of cryptocurrency payments. They all feel that convenience and compliance are merely superficial; the real issue is how to 'white-box' on-chain data based on convenience. For those of us who have been in the crypto world for a long time, relying on these transactions to make money and become rich. Now, as a small player, that’s fine, but if one day I become a big player, every transaction will be publicly scrutinized on-chain. Would it resemble what happened to my buddy (Huang Licheng), being chased and attacked by capital bigwigs?

For us, this group of 'financial emperors', wearing clothes is equivalent to not wearing any, as the clothes are transparent.

This is also the reason why I am interested in night; what attracts me the most is that it does not have those high-end features. It is very simple, using a thin veil to cover your transactions and assets, and then using zero-knowledge proof (ZK) to provide compliance verification and proof, protecting my sensitive information.

When I need to prove to banks, institutions, or creditors that my transactions and earnings are completely legal, $NIGHT can directly issue this proof for me, just like carrying millions in cash on the street, but without any weight or security issues. It merely proves that I have this much money, and the source is what I earned. No one will see who I give it to or how I earn it.

You might say many projects say this; could it be that the project is just self-indulging? I don't think so. Google Cloud and MoneyGram (速汇金) have already become the genesis node operators of #night . The involvement of these commercial financial giants provides technical support for the entire project's logic and real commercial field. Compared to other leaders in the same track, it is ahead in this regard.

To summarize, in the current cryptocurrency market where it's hard to distinguish between bull and bear, with alpha profits declining and various risks involved in profit-making, finding a good track and seizing a good project is more important than anything else. Although night may not necessarily become that good project, it already possesses the capability to become a leader.