#night $NIGHT @MidnightNetwork
Layer 1 blockchain that implements programmable privacy via dual-state architecture: a public UTXO ledger for consensus and settlement, and a private execution environment based on accounts where smart contracts run locally, off-chain.
The core protocol is **Kachina** — a ZK framework that processes private state transitions on the user's machine and submits only the validity proof to the public ledger, never the underlying data. The cryptographic engine uses **zk-SNARKs** with **Pluto-Eris** curves for BLS proof generation, enabling composable and scalable privacy at the protocol level.
Private smart contracts are written in **Compact**, a TypeScript-based DSL, abstracting the complexity of ZK circuits for conventional developers.
The token system operates on two layers: **NIGHT** covers governance, consensus, and settlement on the public ledger. **DUST** is automatically generated by holding NIGHT, functioning as a renewable fee resource, non-transferable between wallets and decaying without use — decoupling operational cost from the speculative volatility of the main token.
The **selective disclosure** model differentiates the project from traditional privacy coins: instead of total opacity, it allows applications to prove regulatory compliance via ZK-proof without exposing raw data — enabling use cases in KYC/AML, healthcare, RWA, and supply chains.
**Mainnet Kūkolu** — federated phase — expected in March 2026, with nodes operated by Google Cloud, Blockdaemon, MoneyGram, Vodafone Pairpoint, and eToro.
Layer 1 blockchain that implements programmable privacy via dual-state architecture: a public UTXO ledger for consensus and settlement, and a private execution environment based on accounts where smart contracts run locally, off-chain.
The core protocol is **Kachina** — a ZK framework that processes private state transitions on the user's machine and submits only the validity proof to the public ledger, never the underlying data. The cryptographic engine uses **zk-SNARKs** with **Pluto-Eris** curves for BLS proof generation, enabling composable and scalable privacy at the protocol level.
Private smart contracts are written in **Compact**, a TypeScript-based DSL, abstracting the complexity of ZK circuits for conventional developers.
The token system operates on two layers: **NIGHT** covers governance, consensus, and settlement on the public ledger. **DUST** is automatically generated by holding NIGHT, functioning as a renewable fee resource, non-transferable between wallets and decaying without use — decoupling operational cost from the speculative volatility of the main token.
The **selective disclosure** model differentiates the project from traditional privacy coins: instead of total opacity, it allows applications to prove regulatory compliance via ZK-proof without exposing raw data — enabling use cases in KYC/AML, healthcare, RWA, and supply chains.
**Mainnet Kūkolu** — federated phase — expected in March 2026, with nodes operated by Google Cloud, Blockdaemon, MoneyGram, Vodafone Pairpoint, and eToro.
