👀 Rational Privacy vs Full Anonymity: Why Midnight Chooses the Smarter Path
I see privacy in blockchain as two extremes: fully public like Ethereum, or fully hidden like Monero and Zcash.
Midnight Network takes a different path with rational privacy, which means private by default but with selective disclosure when needed.
🙏 The core idea is selective disclosure combined with zero knowledge proofs. You can prove only what is necessary, for example that you are over 18 or compliant with AML and KYC, without revealing full data. Who can see what is fully under your control through viewing keys.
In simple terms
Full anonymity offers maximum privacy but creates challenges for regulators, which limits real world adoption
Rational privacy balances privacy and compliance, making it more suitable for enterprises and institutions
👉To me, it is not about hiding to avoid responsibility, but about protecting data and revealing only when necessary. This is the kind of privacy that can realistically bring blockchain into the real world.