New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
#PostToWinNIGHT 🌙 Midnight: A New Era of Privacy | Cardano Use Case
🌐 What is Midnight Network?
Midnight Network (Token: NIGHT) is a blockchain/sidechain network focused on Selective Disclosure privacy.
Unlike traditional options of “fully public” or “completely anonymous,” Midnight allows users and developers to choose what data is shared and what stays private.
It’s tightly integrated with the Cardano ecosystem and is designed as a privacy-oriented chain/sidechain with a multi-chain architecture, helping developers build applications quickly while keeping data secure.
🎯 Goals of Midnight
1️⃣ Universal Toolbox – A unified toolbox bridging crypto and traditional finance, solving core challenges: proof and privacy.
2️⃣ Proof Layer – Verify cross-chain asset properties, smart contract states, and identity credentials, enabling interoperability and liquidity.
3️⃣ Balance Compliance & Privacy – Support private smart contracts, selective data disclosure, and modernize outdated regulatory processes.
4️⃣ Technology Integration – Includes secure multi-party computation (MPC) for enhanced privacy.
🪙 Token Overview (NIGHT)
Total Supply: 2.4B (core functions)
Key Uses:
• Generate DUST: Holding NIGHT produces DUST (resources for transactions/contracts).
• Network Security: NIGHT holders and nodes earn rewards.
• Governance Rights: Participate in proposals, protocol upgrades, treasury management.
• Distribution: 50% Cardano ecosystem, 20% Bitcoin ecosystem, 30% other ecosystems.
NIGHT is designed to hold for network capabilities and governance, not as a simple spendable token.
💡 Application Layer – Value for Developers & Users
• Privacy Smart Contracts: Use zero-knowledge proofs (ZKP) for verifiable yet confidential data.
• Selective Disclosure: Meet KYC/AML requirements while protecting sensitive info.
• Multi-chain Support: BTC, ETH, SOL, BNB, XRP Ledger, and more.
• Cardano Integration: Leverages UTxO, SPO, governance, embedding privacy in Cardano apps.
• Direct Value: Developers build faster with privacy features; users gain data autonomy while remaining verifiable.
🌟 Why It Matters
Privacy today is no longer black or white. Midnight enables:
• Enterprises to selectively disclose required info
• Individuals to maintain data sovereignty
• Cross-chain interoperability with trust and privacy coexistence
With MPC, TEE, and other privacy-enhancing tech, Midnight creates a unified platform making it simple to add privacy and selective disclosure layers in applications.
#PostToWinNIGHT 🚀