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超人不会飞2020
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Surge of the Dark Horse NIGHT Analysis: Rushed into the Top 50, Why Are Whales and Yield Farmers Competing?
Recently, a "dark horse" has emerged in the Cardano ecosystem—NIGHT, which has nearly turned the Binance Alpha yield farming area into its main stage!
In simple terms, NIGHT is the native token of the Midnight network. Midnight is no small deal; it's a sidechain personally developed by ADA founder Charles Hoskinson, focusing on "rational privacy." Unlike some anonymous coins that are completely "invisible," it uses zero-knowledge proof (ZK) technology to allow you to decide which data should be public (like for regulatory scrutiny) and which should be kept private (like your account balance). This precisely controlled "compliant privacy" is tailor-made for sensitive industries like finance and healthcare!
The design of NIGHT is quite clever: with a fixed total of 2.4 billion tokens, it will never be inflated. Holding NIGHT will automatically generate a hidden resource called DUST. On-chain transactions and contract executions use DUST to pay for gas fees, so holders do not need to frequently sell NIGHT, and transaction privacy is protected by the untraceable nature of DUST. Moreover, it allows developers to write smart contracts in the most familiar TypeScript, lowering the barrier significantly.
The project officially launched trading on December 9, and initially opened exclusively on Binance Alpha, even airdropping 600 tokens to players who scored at least 230 points. The price once surged above $1.8 and is currently consolidating in the range of $0.07-$0.10. The circulating supply is about 1.6 billion tokens, with a market cap of approximately $1.3 billion, already making its way into the top 50, with very active trading, and whales continue to accumulate.
For the Cardano ecosystem, NIGHT fills a critical gap, with enormous potential for future DeFi and compliant DApps. However, as a new project, it is also quite volatile, so do your own research before getting in, and definitely avoid over-leveraging.
#NIGHT #Midnight #Cardano #隐私币 #币安Alpha
Recently, a "dark horse" has emerged in the Cardano ecosystem—NIGHT, which has nearly turned the Binance Alpha yield farming area into its main stage!
In simple terms, NIGHT is the native token of the Midnight network. Midnight is no small deal; it's a sidechain personally developed by ADA founder Charles Hoskinson, focusing on "rational privacy." Unlike some anonymous coins that are completely "invisible," it uses zero-knowledge proof (ZK) technology to allow you to decide which data should be public (like for regulatory scrutiny) and which should be kept private (like your account balance). This precisely controlled "compliant privacy" is tailor-made for sensitive industries like finance and healthcare!
The design of NIGHT is quite clever: with a fixed total of 2.4 billion tokens, it will never be inflated. Holding NIGHT will automatically generate a hidden resource called DUST. On-chain transactions and contract executions use DUST to pay for gas fees, so holders do not need to frequently sell NIGHT, and transaction privacy is protected by the untraceable nature of DUST. Moreover, it allows developers to write smart contracts in the most familiar TypeScript, lowering the barrier significantly.
The project officially launched trading on December 9, and initially opened exclusively on Binance Alpha, even airdropping 600 tokens to players who scored at least 230 points. The price once surged above $1.8 and is currently consolidating in the range of $0.07-$0.10. The circulating supply is about 1.6 billion tokens, with a market cap of approximately $1.3 billion, already making its way into the top 50, with very active trading, and whales continue to accumulate.
For the Cardano ecosystem, NIGHT fills a critical gap, with enormous potential for future DeFi and compliant DApps. However, as a new project, it is also quite volatile, so do your own research before getting in, and definitely avoid over-leveraging.
#NIGHT #Midnight #Cardano #隐私币 #币安Alpha
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.