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If we compare blockchain to a glass house, then the supporters of Bitcoin and Ethereum would proudly say, "Look, how wonderful! Every brick inside, every movement is clearly visible, and no one can cheat." Indeed, this is beautiful, but only those who have lived in a glass house know that the feeling of being completely exposed is actually not suitable for life. The operation of human society has never been based on the nakedness of being fully exposed, but rather on decent attire and necessary partitions.
The birth of the midnight network, in my opinion, is not a simple technological upgrade, but a gentle rebellion against the "transparent fundamentalism" of blockchain. It is questioning an essential issue: must our pursuit of trust come at the cost of sacrificing all privacy?