Midnight, novel privacy-focused sidechain project by Cardano (ADA) Developer IOG, getting closer to next milestone
Midnight, the latest privacy-focused sidechain developed and promoted by Input Output Global , the studio behind Cardano PoS blockchain, makes one step forward to its devnet launch.Input Output Global , one of the development entities behind Cardano , the second largest proof-of-stake blockchain, introduces an official X account for its ZK-based privacy sidechain Midnight Network.
In early September 2023, Input Output Global developers announced the preparation of its devnet phase. The solution will leverageUsed in a number of Ethereum-based solutions, ZK proofs are designed to reduce the volume of information that can be verified on-chain.
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