Privacy Blockchain Network Midnight Mainnet Goes Live, Google Cloud and MoneyGram Among Participating Nodes

On March 30, privacy-focused blockchain network Midnight—backed by Cardano founder Charles Hoskinson—officially launched its mainnet, with the goal of delivering end-to-end programmable privacy. Midnight’s core architecture features a hybrid ledger structure, client-side zero-knowledge proofs (ZKPs), shielded and unshielded assets (privacy and non-privacy assets), and selective disclosure capabilities. It operates on a dual-token economic model: NIGHT serves as the governance and utility token, used to generate network resource DUST; DUST covers transaction fees via a battery-style recharge model. Additionally, the network uses Compact—a TypeScript-based development language—built to reduce barriers to entry for ZKP technology. Currently, Midnight is in its initial phase, with partners including Google Cloud, MoneyGram, Worldpay, Bullish, Vodafone-owned Pairpoint, eToro, AlphaTON Capital, Blockdaemon, and Shielded Technologies operating as federated nodes. It will gradually transition to a decentralized model.