No Summary provided as the original text is short
- Midnight (NIGHT): A blockchain project within the Cardano ecosystem, launched in December 2025, designed to enable privacy-focused transactions and smart contracts.
- Cardano (ADA): A proof-of-stake blockchain platform known for its focus on scalability, sustainability, and interoperability.
- On-chain data: Information recorded directly on a blockchain, reflecting real-time activity such as transactions, contract executions, and asset movements.