$0.0412

Midnight is a blockchain platform created by Charles Hoskinson, who also co-founded Ethereum and founded Cardano. It employs zero-knowledge proof technology to provide privacy while preserving data ownership, aiming to support applications that protect user, commercial, and transaction information. The network uses a dual-state ledger architecture that combines public and private elements, along with a two-part token system—NIGHT as a utility token and DUST as a shielded, non-transferable resource that decays and facilitates metadata protection.

The platform is designed to enable programmable privacy, regulatory compliance, and developer accessibility. It supports selective disclosure in zero-knowledge circuits, allowing privacy-focused applications to meet business and legal standards. Developers can use a TypeScript-based smart contract framework, which simplifies access for mainstream programmers while still accommodating advanced cryptographic functions.