Meta Yosh
258 posts

Meta Yosh
@MetaverseYosh
Drep ID: drep1ytd7s3he5rgxhkx0t2vnun25wy3t263877czxw8nelcld8ce66v4c
เข้าร่วม Ocak 2022
410 กำลังติดตาม114 ผู้ติดตาม
Meta Yosh รีทวีตแล้ว

What altcoin do you want a bag of this #Christmas? 🎅🏻🎄🎁
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Not entirely. Midnight is the beginning of a future where all chains can connect through one privacy network, but Midnight itself stays anchored to Cardano for settlement, identity, and finality. Cardano cant be “phased out”, and Midnight cant anchor itself to another L1 without becoming a new chain. If Midnight ever wanted to anchor somewhere else IO would have to fork it into a separate chain tied to a different single base layer. Not a chance as long as Charles is alive.
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@NFTbyND @JaromirTesar Sounds like any Layer1 + Midnight will be fourth generation.
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Midnight may become as important to blockchain as HTTPS was to the Internet.
I will explain why privacy is important.
Public blockchains today are much like HTTP in the early internet. All transactions are publicly accessible to anyone.
With HTTP, all communication was sent in clear text.
Anyone in the middle—ISPs, network operators, Wi-Fi hotspot owners, or malicious actors—could see what pages you visited, what data you submitted, and sometimes even your passwords.
This transparency wasn't a feature users asked for; it was simply a limitation of the technology.
Over time, it became obvious that exposing all communication created serious problems:
▪️credential theft,
▪️surveillance,
▪️censorship,
▪️data harvesting,
▪️and front-running of information.
The solution was HTTPS, which kept the content of communication private while still allowing the network to function.
Importantly, HTTPS didn't eliminate the internet's openness—it made it safe enough for commerce, finance, healthcare, and everyday use.
Without HTTPS, the Internet would largely remain in a “read-only” or low-trust interaction mode.
You could technically interact (submit forms, log in, make payments), but doing so would be unsafe, fragile, and unsuitable at scale.
Public blockchains resemble HTTP in the same way.
Every transaction, amount, and smart-contract interaction is visible to everyone before it is finalized.
Then, it is stored forever in the ledger.
This radical transparency has benefits—verifiability and trust minimization—but it also enables a new class of middlemen who extract value simply by seeing transactions early.
Just as HTTP allowed intermediaries to spy on users, transparent mempools allow bots and validators to observe, reorder, copy, or sandwich transactions.
This has led to the rise of Maximal Extractable Value (MEV), where participants profit not by adding value, but by exploiting visibility.
Users pay worse prices, trades are front-run, liquidations are manipulated, and network trust erodes.
In effect, public blockchains have recreated the same incentive problems that pushed the web away from HTTP.
Blockchain and most DeFi services, as we know them today, are unusable for ordinary users and institutions.
This is where privacy-preserving blockchains like Midnight are comparable to HTTPS.
Midnight's private ledger model aims to hide sensitive transaction details—such as who is interacting with whom and under what conditions—while still preserving cryptographic correctness and compliance.
When transaction contents are not publicly visible, MEV opportunities shrink dramatically.
Validators and bots can no longer trivially detect profitable trades to front-run or sandwich because the information simply isn't available.
Just as HTTPS removed the ability for network middlemen to read and exploit user data, a privacy blockchain removes the raw material MEV depends on: transaction transparency.
The advantage of this shift is not secrecy for secrecy's sake, but fairness and safety.
HTTPS enabled online banking, e-commerce, and private communication to flourish.
Similarly, privacy-enabled blockchains can support real financial activity, enterprise use cases, and user-centric applications without exposing participants to constant extraction.
Public blockchains demonstrated what radical transparency is capable of, just as HTTP did, but history suggests that privacy is what enables systems to mature.
In that sense, Midnight isn't rejecting blockchain transparency; it's evolving it in the same way HTTPS evolved the internet.




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Except that even in v5.0, Solana doesn’t qualify as “mature” under the draft Clarity Act:
– Validator concentration
– No separation of powers
– No constitutional supremacy or veto
– Uses “Exit as governance”
– Stake override is operational, not structural
The constitution is about coordination and upgrade logistics, not constraining governance power.
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@Padierfind This tells me that Solana is concerned about the Clarity Act decentralization maturity test… anyway.
$ADA $NIGHT $BTC
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@Rizzabeast Its not difficult to understand. Hype drove rotation from CNTs into Night, and MMs profit from volatility, particulary at low liquidity periods right after a launch. CNT pairs were drained, this was internal rotation, not capital leaving Cardano.
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FYI Cardano.
The correct answer is funds moving out of the ecosystem. You can’t have liquidity rotation to the downside when low-cap stables don’t go up a little.
Watching everything drop means one thing: liquidity is leaving the ecosystem.
We can debate whether $NIGHT caused this, market sentiment, or something else. I’m open to any rational explanation and even more open to actual liquidity rotation data as i’m literally just going off this pic, looking for quick patterns is alpha but data is king.
Rizza@Rizzabeast
How can even the stablecoins be down this goes against everything. What happened.
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@pizzadren @TheRealWeb3Kat There is only ONE official policy ID for Night. There is no argument to be had here.
Cardano YOD₳@JaromirTesar
Beware of scammers. Ensure you are buying the right NIGHT tokens. Visit the official website to find out the Policy ID. NIGHT Policy ID: 0691b2fecca1ac4f53cb6dfb00b7013e561d1f34403b957cbb5af1fa4e49474854 Website: midnight.network/night Cexplorer: beta.cexplorer.io/asset/asset1wd…
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@pizzadren @TheRealWeb3Kat Incorrect. It is ONLY a native asset to Cardano, but can be a Layer 2 to many other chains.
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@TheRealWeb3Kat Technically it is, but I wouldn't go as far as NIGHT will ONLY be a Cardano Native Asset like many ppl claimed earlier
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@yeaookk @pizzadren @TheRealWeb3Kat Night is ONLY a Cardano native asset. Hate to say it, but this is not the real token.
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@pizzadren @TheRealWeb3Kat 0xfe930c2d63aed9b82fc4dbc801920dd2c1a3224f
Indonesia

@MidnightNtwrk Dope video! Was low key expecting the Midnight plug in the end to set us off into the next generation of secret keeping. Bit of a missed opportunity, but great content nonetheless.
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The history of the world is the history of secrets.
For thousands of years, every major shift in how we communicate, trade, govern, and build trust began with the same challenge:
How do we protect what matters?
History of Secrets brings these eras together, from ancient ciphers to the rise of modern cryptography and zero knowledge, to show how each breakthrough reshaped the world and set the stage for the digital future we are entering now.
🕛Learn more about each era: midnight.network/secrets
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Honored to join the @MidnightNtwrk Ambassador Program.
Builders, privacy pioneers, zk dreamers: I’m ready to show what I bring to the table and amplify what Midnight is about to unlock.

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It might just save us some time if the @midnightfdn tells us which exchanges NIGHT **won't** be listed on...
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Just pushed 149k TPS on Cardano Hydra and very nearly melted my laptop in the process. Hydra is genuinely fast and I've thrown a lot at it.
What’s been just as interesting is how much the optimisation work changes the way you think about code, throughput, UTxO design and real-world use cases. Performance on this level also brings the security limitations into sharp focus. Those limitations are real, but they are very much tied to specific use cases rather than being universal constraints.
I thought the demo was ready, but there’s clearly more headroom. The UI is already in place, now it’s about deeper testing and better visualisation. I want to animate the actual asset movement, almost like a real-time ping-pong of value between the three participants, so the speed is visible, not just logged and difficult to track. Also I want to further test L1 settlement, and integrate this, I feel a solid demo should have this in some form, I have no idea if it's possible in correlation with this throughput demo.
Progress update for now. Still pushing. If this kind of work is useful or interesting to you, feel free to interact, it would mean a lot :)
Dave@ItsDave_ADA
Just optimised and achieved a peak burst at 111,000 TPS using Cardano Hydra moving ADA in a ring formation.
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