#night $NIGHT @MidnightNetwork
In the wave of Web3, Midnight Network, as the privacy sidechain of the Cardano ecosystem, is reshaping the landscape of data protection with zero-knowledge proof technology. It offers a 'rational privacy' model, allowing users to selectively disclose information when executing smart contracts on-chain, avoiding the risks of full transparency. This is applicable not only to DeFi and NFTs but also extends to enterprise-level applications such as supply chain tracking and medical data sharing, ensuring compliance and privacy coexist. The $NIGHT token is the core fuel of Midnight, with a total fixed supply of 24 billion, currently circulating around 16.6 billion. Holders can generate DUST to pay for privacy transaction fees and participate in network governance. Through staking, $$NIGHT holders can also earn rewards, incentivizing ecosystem participation. The year 2026 is a crucial year for Midnight: the Kūkolu phase will launch the federal mainnet at the end of March, introducing node operators like Google Cloud to enhance stability. Subsequently, in the Mōhalu phase, DUST capacity exchange and staking mechanisms will be activated to promote network decentralization. The Hua phase aims to achieve cross-chain interoperability in Q3, connecting Cardano with other public chains.