Cardano is preparing to launch a new token DUST.
Midnight is a brand-new side chain from Cardano that focuses on data privacy.
Input Output Global (IOG), a Cardano-backed firm, is preparing to launch Midnight. A new zero-knowledge data protection-based sidechain, and dust (DUST) a native token. The failure of the privacy-based blockchain Monero raised privacy concerns in the industry. During IO Scotfest, an event organized by IOG and Edinburgh University in Scotland, Charles Hoskinson, the founder of Cardano core developers Input Output Global (IOG), revealed the side chain.
Hello Midnight https://t.co/Dy3BK45qUs welcome to Cardano
— Charles Hoskinson (@IOHK_Charles) November 18, 2022
Midnight’s key goals are to provide consumers, developers, and businesses with privacy and security over commercial and personal data while also providing them with fundamental freedom. While privacy is a big concern, the project employs zero-knowledge-proof technologies.
Unlike past privacy frame
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