Midnight is being developed as a knowledge safety blockchain, geared toward safeguarding delicate industrial and private information, thereby defending elementary freedoms of affiliation, commerce and expression for varied stakeholders, together with builders, corporations and people.
Midnight’s structure is centered on a>Charles Hoskinson has responded to inquiries concerning the connection between Midnight and Cardano with pointed readability. The calls for recommend a necessity for Midnight builders to reference Cardano whereas writing purposes for the Midnight blockchain. To this, Hoskinson retorted, highlighting the independence of the 2 initiatives by questioning the necessity for such a reference, thereby shutting down any manufactured drama.
The essence of Hoskinson’s response lies within the distinction between the 2 initiatives. Midnight, regardless of sharing lineage via frequent management, is an entity by itself. It doesn’t want to say Cardano any greater than another blockchain must reference a special one when discussing its purposes. Each platforms have distinctive use circumstances and technical specs that serve completely different functions.
Midnight’s worth proposition is immense, providing information safety, assurance of information integrity and scalability. It guarantees to boost the developer expertise with the mixing of Zero-Information Proofs (ZK-Snarks), to cut back compliance prices and to keep up methods for organizations by lessening the necessity to seize and retailer buyer information.
Potential use circumstances for Midnight’s expertise are huge, starting from shareable KYC credentials, decentralized credit score scoring and nameless voting methods to confidential medical historical past methods.
