Increasingly popular is the demand for privacy in Web3 and this is the direction that @MidnightNetwork is headed. Midnight Network seeks to deliver privacy and programmability for blockchain data and is specifically working on addressing the issue of many current blockchains being clear which ultimately leads to exposure of sensitive personal information.
Midnight will allow developers to write smart contracts that treat their most important piece of data as private while still verifiable on-chain.
The Midnight ecosystem is powered by the $NIGHT token; this means that the $N$NIGHT ken is being used for governance, participation, and overall activity in the network. Developers also have the opportunity to create decentralized applications with both transparent and private properties, thanks to the use of advanced cryptographic technology.
Projects with a focus on private and secure infrastructure will become more and more relevant as Web3 continues to develop. Therefore, many people are following the progress of @MidnightNetwork and the respective use of the night within its ecosystem. #night $NIGHT