Will unlock the full potential of Decentralized Web3
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Utility should not come at the expense of privacy and ownership.
Midnight is a fourth-generation blockchain – empowering organizations to deliver regulation-friendly, data-protecting applications that keep users in control of their own information.
Harnessing the power of zero-knowledge cryptography, Midnight provides a platform for creating new business models that offer a radically different approach to handling data.
Midnight is a next-generation, privacy-focused blockchain platform designed to enable secure, compliant, and data-protecting decentralized applications (DApps). It leverages zero-knowledge proofs (ZKPs) to allow users and organizations to prove facts about data—such as ownership or compliance—without revealing the underlying sensitive information. Midnight is built as a partner chain in the Cardano ecosystem, inheriting its security and decentralization, while adding advanced data protection and selective disclosure capabilities.
Key features of Midnight include:
Data Protection: Midnight safeguards user, commercial, and transaction metadata, making it suitable for use cases where privacy and regulatory compliance are essential, such as digital identity, confidential transactions, and asset tokenization.
Selective Disclosure: Unlike traditional blockchains that are either fully public or private, Midnight allows granular control over what data is disclosed, supporting both shielded (private) and unshielded (public) data within the same framework.
Developer Experience: Midnight offers a TypeScript-based smart contract language called Compact, making it accessible to a wide range of developers and enabling rapid prototyping and integration with web technologies.
Hybrid Architecture: Midnight combines UTXO and account-based models, supporting both efficient, parallel transaction processing and complex smart contract logic.
Tokenomics: The network uses two assets: NIGHT (the native utility token) and DUST (a shielded resource for transaction fees), providing predictable costs and enhanced privacy for network operations.
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