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小猪天上飞-Piglet
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Recently, the buzz about $NIGHT in Binance Square is indeed a bit overwhelming. I've seen this kind of excitement many times and haven't been swept away by the numbers; instead, I'm more concerned about the attitudes of those top nodes— even Google Cloud and MoneyGram are participating in running validation nodes. This kind of real endorsement is more powerful than any hype. I've spent about ten days in the simulated environment of Midnight City and found that the underlying logic of this project is completely different from those privacy chains that only know how to draw big pies.
Previously, struggling with the Leo language in Aleo was simply torturous; that Rust flavor is too off-putting for ordinary developers. In contrast, the Compact language launched by Midnight is like an antidote, with logic highly compatible with TypeScript, making it much smoother for someone like me, who is used to coding efficiently, to compile contracts locally. I tried running a few privacy counters, and the generated ZK intermediate representation is extremely concise. The proof files generated by Aleo's snarkVM often exceed 1MB, and the Gas costs for uploading them to the chain can be heartbreaking, while Midnight cleverly reduces the proof size with its geometric encryption, saving at least 30% in on-chain costs based on actual tests.
When discussing technology, we cannot avoid the hard issue of quantum resistance. Most current privacy projects are still playing with the old tricks of elliptic curves. Once quantum computing truly becomes a reality, so-called private addresses will essentially be transparent. I've studied the circuit complexity of Midnight for a long time; although the CPU spikes dramatically during local proof generation, this kind of 'proactive deployment' is seen as a real vault in the eyes of institutions. I controlled AI agents in the test network for selective disclosure, proving asset compliance to the network without exposing account balances. This kind of 'rational privacy' is far superior to the fully shielded black box of Secret Network, as it finds that subtle balance between privacy and compliance.
What surprised me the most was the design of the DUST mechanism. In the past, engaging in privacy trading would always involve painfully burning Gas, but Midnight has come up with a method of generating DUST by holding tokens, and DUST has a decay property and cannot be transferred, effectively cutting off those speculators who engage in garbage trading attacks at the source. Although this scheme has not yet reached a perfect closed loop and the hardware requirements for local proof generation still have room for optimization, it is even more persuasive in the current market.
@MidnightNetwork $NIGHT
{future}(NIGHTUSDT)
#night
Previously, struggling with the Leo language in Aleo was simply torturous; that Rust flavor is too off-putting for ordinary developers. In contrast, the Compact language launched by Midnight is like an antidote, with logic highly compatible with TypeScript, making it much smoother for someone like me, who is used to coding efficiently, to compile contracts locally. I tried running a few privacy counters, and the generated ZK intermediate representation is extremely concise. The proof files generated by Aleo's snarkVM often exceed 1MB, and the Gas costs for uploading them to the chain can be heartbreaking, while Midnight cleverly reduces the proof size with its geometric encryption, saving at least 30% in on-chain costs based on actual tests.
When discussing technology, we cannot avoid the hard issue of quantum resistance. Most current privacy projects are still playing with the old tricks of elliptic curves. Once quantum computing truly becomes a reality, so-called private addresses will essentially be transparent. I've studied the circuit complexity of Midnight for a long time; although the CPU spikes dramatically during local proof generation, this kind of 'proactive deployment' is seen as a real vault in the eyes of institutions. I controlled AI agents in the test network for selective disclosure, proving asset compliance to the network without exposing account balances. This kind of 'rational privacy' is far superior to the fully shielded black box of Secret Network, as it finds that subtle balance between privacy and compliance.
What surprised me the most was the design of the DUST mechanism. In the past, engaging in privacy trading would always involve painfully burning Gas, but Midnight has come up with a method of generating DUST by holding tokens, and DUST has a decay property and cannot be transferred, effectively cutting off those speculators who engage in garbage trading attacks at the source. Although this scheme has not yet reached a perfect closed loop and the hardware requirements for local proof generation still have room for optimization, it is even more persuasive in the current market.
@MidnightNetwork $NIGHT
{future}(NIGHTUSDT)
#night
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