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Midnight Network Unveils ’Rational Privacy’ Model Using Zero-Knowledge Proofs
Midnight Network Unveils ’Rational Privacy’ Model Using Zero-Knowledge Proofs
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BTCCSquare news:
At Token2049 Singapore, Midnight Foundation President Fahmi Syed presented a solution to blockchain's privacy-transparency paradox. The new LAYER 1 chain employs zero-knowledge-proof smart contracts for selective data disclosure, allowing users to control access to sensitive information while maintaining audit trails.
Unlike conventional privacy chains that obscure all data, Midnight's dual-state architecture enables cryptographic validation of private transactions. This 'rational privacy' approach could appeal to enterprises requiring compliance-ready blockchain solutions without sacrificing confidentiality.
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