I have spent a lot of time to carefully analyze @MidnightNetwork , there is one thing I see everyone mentioning, which is the ZK Proof technology that Midnight is using and the ZK Rollup technology of Ethereum. In reality, these two concepts are not the same at all and also cannot be put on the same scale to compare.
ZK Proof of Midnight is a system that emphasizes privacy, where everything is simply about knowing “correct”, not revealing detailed data, it is a technology that supports many fields such as security, finance, identity, intellectual property, and of course also blockchain. That means ZK Proof is not a specific product and is not a blockchain but is a principle to be applied across multiple fields. $NIGHT
ZK Rollup of Ethereum is a solution only to handle the problem of fees and processing speed, it bundles thousands of transactions and processes them off-chain then it creates a ZK proof to prove the computation is valid and sends that proof to the blockchain.
That is the difference, ZK Proof is a principle, is a technology. ZK Rollups are just a specific tool for one problem. Or in another way, ZK Proof exists independently without needing blockchain but ZK Rollup cannot exist without ZK Proof.
So have you really fully understood everything about the ZK Proof that Midnight possesses? This is an “engine” that can create a car, a machine, a ship or anything.
The diversity of all problems and the emphasis on privacy is exactly what @MidnightNetwork is aiming for, this is the completely different thing that ZK Proof brings.
