Midnight Network Launches Privacy-First Blockchain Using Zero-Knowledge Cryptography

A livestream announcement said Midnight Network launched a privacy-focused blockchain and described the project as having a token valued at more than $1 billion.

Summary

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Terms & Concepts
  • Zero-knowledge cryptography: A cryptographic method that lets one party prove something is true without revealing the underlying data.
  • Privacy-first blockchain: A blockchain designed to protect transaction or user data while still maintaining network verification.
  • Token: A digital asset issued on a blockchain that can represent utility, governance rights, or value within a network.