"Privacy Chain" Undersells What Midnight Is Building đ
$XMR made anonymity a core part of its network. $NIGHT represents a very different privacy thesis.
The important question isn't simply:
Can this information be hidden?
It's:
Who should be allowed to see it?
Normal financial life already works this way.
Your employer can know your salary without your neighbour knowing it.
Your bank can verify your identity without publishing your passport.
An auditor can inspect company accounts without putting every invoice online.
Programmable privacy brings that same principle to blockchain applications.
Public information stays public
â Sensitive information stays private
â Required facts can still be proven
â Authorized information can be selectively disclosed
That's why I think the term âprivacy chainâ can be misleading.
The bigger idea isn't making everything invisible.
It's giving applications control over what gets revealed, to whom and when.
#Privacy #Web3
$XMR made anonymity a core part of its network. $NIGHT represents a very different privacy thesis.
The important question isn't simply:
Can this information be hidden?
It's:
Who should be allowed to see it?
Normal financial life already works this way.
Your employer can know your salary without your neighbour knowing it.
Your bank can verify your identity without publishing your passport.
An auditor can inspect company accounts without putting every invoice online.
Programmable privacy brings that same principle to blockchain applications.
Public information stays public
â Sensitive information stays private
â Required facts can still be proven
â Authorized information can be selectively disclosed
That's why I think the term âprivacy chainâ can be misleading.
The bigger idea isn't making everything invisible.
It's giving applications control over what gets revealed, to whom and when.
#Privacy #Web3