Public blockchains usually force a choice between showing every detail or hiding everything. Midnight uses selective disclosure so a party can prove something is true without putting the private details on the open ledger.
It runs as its own Layer 1 from Input Output.
Holders of $NIGHT generate $DUST which covers transaction fees. Monument Bank is preparing to put up to £250M of customer deposits on the network. Those deposits stay fully backed and redeemable in pounds. Google Cloud and MoneyGram are among the validators.
The network has been live since March and recently passed 1 million transactions. Roughly 16.6 billion of the 24 billion total $NIGHT supply is in circulation.
Which privacy use case are you watching most this year?
#NIGHT #Altcoin Season# #CMC Quest: Earn Rewards#
It runs as its own Layer 1 from Input Output.
Holders of $NIGHT generate $DUST which covers transaction fees. Monument Bank is preparing to put up to £250M of customer deposits on the network. Those deposits stay fully backed and redeemable in pounds. Google Cloud and MoneyGram are among the validators.
The network has been live since March and recently passed 1 million transactions. Roughly 16.6 billion of the 24 billion total $NIGHT supply is in circulation.
Which privacy use case are you watching most this year?
#NIGHT #Altcoin Season# #CMC Quest: Earn Rewards#
