Importance of Data Protection & ZK for Scaling Web3 Adoption
summary
Midnight claims to resolve a blockchain trilemma by combining utility, ownership and privacy: five years of work so far yields a devnet now, testnet soon and mainnet next year. It uses Halo 2 proofs with Pluto ARS curves and KYC-style commitments, local proving so private data never leaves the prover, a UTXO model, and separates PoS from a shielded gas token plus capacity leasing for predictable fees. Example code shows a Compact/TypeScript smart-contract bulletin board and planned zero‑knowledge recursion.
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chapters (9)
- 0:00Data protection in Web3
- 1:12Midnight blockchain trilemma
- 2:59Predictable fees for business
- 5:09Privacy and compliance
- 8:21Programmable privacy with Midnight
- 10:29Bulletin board demo
- 13:20Smart contract deep dive
- 16:10Private data use cases
- 16:30Roadmap and future
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