Midnight's Token Model Changes How Network Usage Works 🔋
$ADA uses a familiar native-token fee model. $NIGHT sits at the center of a different architecture.
Midnight separates its public token from the resource used to pay for transactions.
Holding NIGHT generates DUST.
DUST is non-transferable, regenerates over time and provides the resource used to pay for network activity.
That creates a different model:
Hold NIGHT
→ Generate DUST
→ Use Midnight applications
→ Spend DUST
→ Capacity regenerates
The public asset and the transaction resource serve distinct purposes.
And that separation matters.
It gives applications a different way to manage access to network capacity without requiring NIGHT itself to be consumed for every transaction.
This is one of Midnight's most important architectural distinctions.
A new generation of blockchain applications needs a new approach to network resources.
Midnight has built that distinction into its foundation.
#Privacy #DeFi
$ADA uses a familiar native-token fee model. $NIGHT sits at the center of a different architecture.
Midnight separates its public token from the resource used to pay for transactions.
Holding NIGHT generates DUST.
DUST is non-transferable, regenerates over time and provides the resource used to pay for network activity.
That creates a different model:
Hold NIGHT
→ Generate DUST
→ Use Midnight applications
→ Spend DUST
→ Capacity regenerates
The public asset and the transaction resource serve distinct purposes.
And that separation matters.
It gives applications a different way to manage access to network capacity without requiring NIGHT itself to be consumed for every transaction.
This is one of Midnight's most important architectural distinctions.
A new generation of blockchain applications needs a new approach to network resources.
Midnight has built that distinction into its foundation.
#Privacy #DeFi