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  • Midnight Network, Cardano’s newest privacy-centric sidechain takes a leap towards its development phase.
  • The creation from Input Output Global (IOG), the force behind Cardano, sets to be a milestone for data protection on blockchain platforms.

According to a tweet by Input Output (@InputOutputHK), a leading research and development company pioneering in blockchain innovations, Midnight Network’s official account has been set up on the X platform. Their message encourages enthusiasts to follow the @MidnightNtwrk account to stay updated about the latest advancements of this new data protection-focused blockchain.

Midnight Network: Cardano’s Latest Venture into Data Protection

Midnight Network emerges as a shining addition to the blockchain universe, thanks to its commitment to enhancing privacy. This recent development from Input Output Global (IOG), the name behind Cardano’s renowned PoS blockchain, promises a groundbreaking advancement in the data protection domain. With its official site introduced in the third quarter of 2023, the channel is set to bridge the communication gap between the potential users of Midnight Network and budding developers eager to innovate atop it.

While the network has been under the wraps for almost a year now, many aspects of its technological blueprint remain a mystery. However, details emerging in September 2023 reveal that IOG’s developers are gearing up for its development network phase. One standout feature is the incorporation of zero-knowledge proofs (ZKPs). ZKPs have already left their mark in various Ethereum-based solutions. Their primary purpose? To minimize the amount of verifiable information on-chain, thereby bolstering both security and efficiency.


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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
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