What is Midnight Network? Simply put, it is a blockchain network that places a strong emphasis on privacy!
Imagine this: when we usually use blockchain (like transferring money, playing DeFi, smart contracts), transaction records are public, and anyone can see your balance and operations. But in real life, there are many things we don't want others to know, such as salaries, medical records, trade secrets, right?
Midnight Network is here to solve this problem. It uses a very cool technology called zero-knowledge proof (ZK proof), which allows you to prove 'I am not lying' and 'the transaction is legitimate,' but others cannot see the specific amount, identity, or details at all. It protects privacy while maintaining the public verifiability of the blockchain—this is called rational privacy.
Its token is $NIGHT
- NIGHT is the network's 'official currency' and governance token, with a fixed total of 24 billion.
- Holding NIGHT allows you to participate in voting to decide how the network develops in the future, and it can automatically generate a resource called DUST, which is used to pay transaction fees (so you don't have to burn NIGHT directly, making fees more predictable and protecting privacy).
- Currently, NIGHT has already been listed on mainstream exchanges, such as Binance, and many people are already paying attention and trading.
In summary:
If you believe that the future of blockchain should be both user-friendly and privacy-protecting, rather than 'if you want privacy, you sacrifice functionality, and if you want functionality, you expose everything', then Midnight Network + is very likely the project you've been waiting for!
Want to know more?
Click here to follow the official: @MidnightNetwork
https://www.binance.com/zh-CN/square/profile/midnightnetwork
Let's talk about it together. What applications do you most hope to use privacy blockchain for? 👀
#night