#发帖赢代币NIGHT

Midnight Network (NIGHT), is a platform that seeks solutions for privacy and personal data protection in the crypto space. Developed by the team behind Cardano, Midnight offers a different approach that protects users’ private information while ensuring compliance with legal regulations. Unlike normal blockchains that openly display everything, Midnight gives users full control over which information they share and with whom.
One of the biggest challenges in blockchain technology is balancing transparency with privacy. In systems like Bitcoin and Ethereum, all transactions are publicly accessible, which can pose problems for many individuals and companies. Midnight Network addresses this issue with private encryption methods, providing both privacy and security simultaneously. The NIGHT token is the main digital currency of this system and is used for transactions, investments, and governance processes within the network.
Built on the Cardano infrastructure, Midnight operates alongside the main Cardano network while offering its own unique features. Developers can create privacy-preserving applications on Midnight, and users can be assured that their personal information remains secure while using these applications. The platform particularly focuses on fields where the protection of sensitive data is crucial.
Midnight is a privacy-focused Layer 1 blockchain designed to enable decentralized applications that protect data through zero-knowledge (ZK) cryptography and selective disclosure. Its architecture separates application logic from private data, allowing both protected and unprotected transactions.
The protocol uses a dual token system:
NIGHT, a native token used for governance, block production rewards, and ecosystem incentives, which is unprotected and transferable.
DUST, a protected, non-transferable, and decaying resource used solely to pay for network transaction fees.
Midnight offers a system where NIGHT produces DUST over time. This allows users to access network resources predictably without spending local tokens. The distinction between value (NIGHT) and usage (DUST) helps address regulatory concerns while maintaining user privacy.
NIGHT exists both as a Cardano (Native Asset) on the Cardano blockchain and as a native token on the Midnight mainnet. A protocol-level bridge ensures that tokens remain locked when active on one network while being available on the other, limiting the total supply to 24 billion tokens.
Midnight operates with a Dual-Component Tokenomics system. This setup separates transaction fees (gas fees) from token price fluctuations.
NIGHT Token: The primary utility (utility) token of the network. It is used to generate the resource called DUST.
DUST Resource: A non-transferable, (unsalable), decaying (decaying) energy unit used to pay transaction fees.
NIGHT-Produces-DUST: As users hold NIGHT tokens, they continuously produce DUST in a staking-like manner that is not locked. A user holding enough NIGHT can theoretically perform unlimited free transactions since they keep generating DUST.
Consensus: It begins with permissioned (permissioned) nodes and evolves over time with the participation of Cardano SPOs into a fully decentralized (Proof of Stake) system.