Midnight is a Private Blockchain that will run as a side chain to Cardano. It will offer encryption and privacy of Intellectual Property code on the blockchain. It'll also have its own chain, and smart contracts will be written in Typescript.
People that want to keep the intellectual property of their code private will finally have a blockchain that allows this: Midnight. Think Monero for smart contracts and codebase in general.
It has been secretly developed for the last 4 years by Input Output Global, the same company developing Cardano (and whose CEO is Charles Hoskinson)
"CH states that this new privacy coin will be "Confidential to the general public" not "Confidential to Everybody" as in the case of Monero. He says, if there is a subpoena, only then the law enforcement will have the right to know the details of your transaction history (I assume with judge order etc). This is superior privacy to 99% of all coins out there..."
I guess not as good as Monero but offering many advantages. Plus better chance of institutional adoption.
P.s. Don't tell anyone but I also kind of like shib.
Haven't heard of midnight. Thanks. I do like cardano. I like how easy the cardano network works. I also like cosmos.
Midnight is a Private Blockchain that will run as a side chain to Cardano. It will offer encryption and privacy of Intellectual Property code on the blockchain. It'll also have its own chain, and smart contracts will be written in Typescript.
People that want to keep the intellectual property of their code private will finally have a blockchain that allows this: Midnight. Think Monero for smart contracts and codebase in general.
It has been secretly developed for the last 4 years by Input Output Global, the same company developing Cardano (and whose CEO is Charles Hoskinson)
Midnight Twitter Space Recording: https://twitter.com/i/spaces/1nAJEamDyvgJL
I was reading up on it. Per a redditor...
"CH states that this new privacy coin will be "Confidential to the general public" not "Confidential to Everybody" as in the case of Monero. He says, if there is a subpoena, only then the law enforcement will have the right to know the details of your transaction history (I assume with judge order etc). This is superior privacy to 99% of all coins out there..."
I guess not as good as Monero but offering many advantages. Plus better chance of institutional adoption.
P.s. Don't tell anyone but I also kind of like shib.
😆 no worries man my lips are sealed