Midnight may become as important to blockchain as HTTPS was to the Internet.
I will explain why privacy is important.
Public blockchains today are much like HTTP in the early internet. All transactions are publicly accessible to anyone.
With HTTP, all communication was sent in clear text.
Anyone in the middle—ISPs, network operators, Wi-Fi hotspot owners, or malicious actors—could see what pages you visited, what data you submitted, and sometimes even your passwords.
This transparency wasn't a feature users asked for; it was simply a limitation of the technology.
Over time, it became obvious that exposing all communication created serious problems:
▪️credential theft,
▪️surveillance,
▪️censorship,
▪️data harvesting,
▪️and front-running of information.
The solution was HTTPS, which kept the content of communication private while still allowing the network to function.
Importantly, HTTPS didn't eliminate the internet's openness—it made it safe enough for commerce, finance, healthcare, and everyday use.
Without HTTPS, the Internet would largely remain in a “read-only” or low-trust interaction mode.
You could technically interact (submit forms, log in, make payments), but doing so would be unsafe, fragile, and unsuitable at scale.
Public blockchains resemble HTTP in the same way.
Every transaction, amount, and smart-contract interaction is visible to everyone before it is finalized.
Then, it is stored forever in the ledger.
This radical transparency has benefits—verifiability and trust minimization—but it also enables a new class of middlemen who extract value simply by seeing transactions early.
Just as HTTP allowed intermediaries to spy on users, transparent mempools allow bots and validators to observe, reorder, copy, or sandwich transactions.
This has led to the rise of Maximal Extractable Value (MEV), where participants profit not by adding value, but by exploiting visibility.
Users pay worse prices, trades are front-run, liquidations are manipulated, and network trust erodes.
In effect, public blockchains have recreated the same incentive problems that pushed the web away from HTTP.
Blockchain and most DeFi services, as we know them today, are unusable for ordinary users and institutions.
This is where privacy-preserving blockchains like Midnight are comparable to HTTPS.
Midnight's private ledger model aims to hide sensitive transaction details—such as who is interacting with whom and under what conditions—while still preserving cryptographic correctness and compliance.
When transaction contents are not publicly visible, MEV opportunities shrink dramatically.
Validators and bots can no longer trivially detect profitable trades to front-run or sandwich because the information simply isn't available.
Just as HTTPS removed the ability for network middlemen to read and exploit user data, a privacy blockchain removes the raw material MEV depends on: transaction transparency.
The advantage of this shift is not secrecy for secrecy's sake, but fairness and safety.
HTTPS enabled online banking, e-commerce, and private communication to flourish.
Similarly, privacy-enabled blockchains can support real financial activity, enterprise use cases, and user-centric applications without exposing participants to constant extraction.
Public blockchains demonstrated what radical transparency is capable of, just as HTTP did, but history suggests that privacy is what enables systems to mature.
In that sense, Midnight isn't rejecting blockchain transparency; it's evolving it in the same way HTTPS evolved the internet.
@olesovhcom ça fait 33 mn que j'attends qu'un conseillé prenne mon appel. C'est toujours pareil, j'attends au minimum 30 mn.Raison de mon appel : les services mail (MX) de mon client ne se réactivent pas malgré mon paiement. Mon client ne peux plus bosser, je vais le perdre, merci OVH 😥
We’re giving away one Cellhasher DIY unit every day until December 21!
What’s a better Black Friday sale than free? It’s Cellhasher’s 2nd birthday and in celebration we’re giving out gifts to you!
The original version of Cellhasher (“white board”) DIY units were phased out earlier this year and we’re sharing the last of the stock for daily giveaways. If you’ve wanted to tinker with the earlier Cellhashers, this is basically their final lap.
Week 1: December 1 - 7
7 x Classic (Wi-Fi)
Week 2: December 8 - 14
7 x Reverse (Wi-Fi+Ethernet)
Week 3: December 15 - 21
7 x Rackmount (Wi-Fi+Ethernet)
21 FREE CELLHASHERS
You can begin qualifying now!👇
RULES
To qualify for Week 1 (starting early now):
• Follow @Cellhasher
• Repost this post
• Like this post
• Comment what phone models you’d use with your Cellhasher!
Keep watch how to qualify for Week 2 and Week 3 at the start of each of those weeks!
We are also are offering 15% off Cellhasher units on the website today through Cyber Monday!