#night $NIGHT #night｜Day1: When everything is transparent, privacy becomes a necessity.

In the past two days, a rather interesting phenomenon in the market is that macro uncertainty is rising, but on-chain activity has not shown a significant decline. Bitcoin continues to maintain high volatility, indicating that users are still present, but the demand may be changing.

Recently, I revisited @MidnightNetwork , which is a privacy-focused blockchain. Many people believe that blockchain should be transparent, but the problem is that most applications in the real world are not suitable for complete openness.

In scenarios like finance, identity, and data collaboration, "verifiable but not public" is actually more important. Midnight addresses this contradiction using zero-knowledge proofs.

The value of $NIGHT , I believe, depends on one point: whether there are real applications that require this "selective privacy." If it's just a concept, then the space is limited; but if more and more applications need to protect data while also being verifiable, then this direction will gradually receive attention.

Therefore, I will observe #night as a long-term demand rather than a short-term hotspot.