Midnight network is a Layer 1 blockchain that uses zero-knowledge (ZK) smart contracts to enable data protection.
The project’s native token, NIGHT, is different from privacy coins in that it’s public and transparent (unshielded). It’s also used to generate DUST tokens, a renewable resource used to pay for transaction fees.
Through the separation of asset (NIGHT) and resource (DUST), Midnight allows developers to build apps that can safeguard data without compromising speed and ease of use.
Midnight allows for the building of real-world applications that are difficult to implement on fully transparent blockchains.
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