The @MidnightNtwrk is live on mainnet!
Years of research and engineering from a team that spared no effort to redefine what privacy at the protocol level actually means, and that’s just the beginning.
We couldn’t be prouder. Huge kudos to everyone who helped make this possible.
With two years of my own time vested, alongside the scientists and other engineers who have worked long and hard over many years prior, I'm proud to finally say that we've launched #midnight.
This isn't the article I thought I'd be posting today.
But it's definitely the most important AI piece I've ever written.
Several close friends read it before I published, and every single one told me I had no choice but to publish it.
Read it, and you'll understand why:
🏴English to become the official European language🏴
The European Commission has just announced an agreement whereby English will be the official language of the European Union rather than German, which was the other possibility.
As part of the negotiations, the British Government conceded that English spelling had some room for improvement and has accepted a 5- year phase-in plan that would become known as "Euro-English".
In the first year, "s" will replace the soft "c". Sertainly, this will make the sivil servants jump with joy. The hard "c" will be dropped in favour of "k". This should klear up konfusion, and keyboards kan have one less letter.
There will be growing publik enthusiasm in the sekond year when the troublesome "ph" will be replaced with "f". This will make words like fotograf 20% shorter.
In the 3rd year, publik akseptanse of the new spelling kan be expekted to reach the stage where more komplikated changes are possible.
Governments will enkourage the removal of double letters which have always ben a deterent to akurate speling.
Also, al wil agre that the horibl mes of the silent "e" in the languag is disgrasful and it should go away.
By the 4th yer peopl wil be reseptiv to steps such as replasing "th" with "z" and "w" with "v".
During ze fifz yer, ze unesesary "o" kan be dropd from vords kontaining "ou" and after ziz fifz yer, ve vil hav a reil sensi bl riten styl.
Zer vil be no mor trubl or difikultis and evrivun vil find it ezi TU understand ech oza. Ze drem of a united urop vil finali kum tru.
Und efter ze fifz yer, ve vil al be speking German like zey vunted in ze forst plas.
This Week in Effect:
→ Effect Institute by @kitlangton
→ The Case for Effect article by @ryanjhunter
→ The @DrizzleORM team building a native Effect driver
More updates ⤵️
https://t.co/FrE0jJGfZW
Decided to have a real look at Midnight ($NIGHT). 🧵
Basically, Midnight is a sidechain designed to act as a privacy layer for Cardano, Bitcoin, and several major chains.
It stands out in three ways: multichain integration, selective disclosure, and the tokenomics of DUST and NIGHT.
The entire supply was airdropped to tens of millions of addresses across several major chains - primarily Cardano (50%), then Bitcoin (20%), and then the rest.
The NIGHT tokens are claimed on Cardano as CNTs, but can be bridged to Midnight directly, where they act as staking tokens providing economic security to the network.
What's cool is this: you don't need NIGHT per se to pay gas on the network.
Rather, network fees are paid in DUST - a non-transferable network resource passively accumulated by NIGHT holders proportional to their holdings. New DUST is generated in perpetuity, but auto-expires after thirty days.
This is a clever model: it allows an easy way for dapps and marketplaces to sponsor user transactions forever with a base of their own NIGHT holdings. Users of all chains don't need to buy another gas token, and the NIGHT token doesn't need to be inflated to make it accessible.
It also promotes "rational privacy."
The NIGHT supply and transactions are public from day 1, making the token viable for listing on public exchanges.
Midnight transactions are private by default, hiding senders, receivers, balances, transaction amounts, and token types. However, with ZKPs, users can selectively prove certain facts about their data, like age verification, sufficient collateral, or transaction validity.
This ensures the dapp ecosystem remains open for applications that require transparency and that seek to fulfill regulatory needs.
Looking forward to what strides Midnight can make to help bring privacy to Bitcoin in the future. Will circle back around as the eco matures.
Congratulations to @MidnightNtwrk@midnightfdn, and the Shielded team for deploying the Midnight Cardano Native Asset: https://t.co/AZVnDX5v6n
Full launch December 8th.
Missed the live stream? Our CTO @ShieldedBob 's #MidnightSummit keynote is now recapped 🎤
ZK technology, programmable data protection, and what's next for Midnight.
Read: https://t.co/DiYi4kXqic
🚨 New Whiteboard Session is LIVE!
@InputOutputHK Founder and CEO, @IOHK_Charles, shines a light on @MidnightNtwrk - the 4th generation of blockchain 🌑
Midnight is the key to global adoption, solving the final crypto milestones: Rational Privacy, Identity, & Cooperation.
This isn't just privacy; it's selective disclosure that enables compliance and digital sovereignty.
WATCH NOW: https://t.co/zwBQIzbeSA
@ShieldedBob@midnightfdn@IOHK_Charles Another top tip if using Chrome when running the sessions is to navigate to chrome://discards/ and toggle the Auto Discardable option for the tab. This will prevent Chrome from freezing or unloading the page if it goes into the background.