Midnight Network Could Be Building the Fastest On Ramp for Privacy Focused dApps



The majority of blockchains have privacy as an optional add-on - something you add later, should you even pay attention. That is an issue, since constructing a dApp with practical privacy guarantees on a public chain typically implies implementing your own cryptographic code, verbalizing it, and wishing that you did not make any mistakes. It is sluggish, costly and majority of teams do not do it.

That is the gap that @MidnightNetwork is going to fill. Midnight is developed to ensure that private application development is made easy instead of having the developers guess about privacy. It applies zero-knowledge proof technology to allow dApps to process sensitive information without ever accessing it to do so - and the infrastructure to do so is already built-in and not patched on.

The speed-to-deployment angle is interesting to the developers. In case the ZK tooling, compliance layer and the privacy logic are all native to the chain, teams do not have to start with no basis each time. They are building upon something which already does the hard parts. That shifts the schedule of deploying a dApp-related private one considerably.

The native token of Midnight, $NIGHT , is the one in the center of this- it runs the workings of the network and coordinates the incentives of all those who are building in it.

The bigger picture is straightforward: when privacy infrastructure will be made simple to access, more projects will utilize it. And in case Midnight fulfills on that promise, it may not only appeal to privacy-conscious developers - it may silently become the default starting point of any dApp that deals with data worth protecting.

#night
NIGHT1.55%
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