ELEMENTAL SPO | Midnight News (@ElementalPool) header
ELEMENTAL SPO | Midnight News (@ElementalPool) profile picture

0% Fee | Single Cardano Stake Pool with additional rewards • Ticker: ELEMT • Find out everything you wanted to know about Midnight

Joined August 2020
I have a hunch about Midnight PartnerChain! What we know so far is that it will: • be a separate blockchain • have it's own consensus • be run by Cardano SPOs I believe staking rewards of Midnight will be settled on Cardano blockchain! Charles already said that delegators who delegate to SPOs which are running Midnight Network will get ADA + DUST It kinda makes sense that it will be settled on Cardano. What do you think? Would you agree with this, and is it possible that this is the connection between #Cardano and Midnight?
3
1
14
540
Been working like crazy on Lucid Evolution on Easter :) It will be, of course completely open source, completely ready for Chang Hard Fork, and completely ready for Cardano governance! Really happy that I get to work on this. Support me by delegating to ELEMENTAL stake pool
2
3
2
18
1,888
Remember how everyone said that Ethereum is programmable money? Midnight is programmable privacy! Smart contracts on Midnight can shield the data that organizations and individuals need to protect. Midnight’s technology can help developers balance the global transparency of public ledgers with the protection of sensitive data. What does that mean? It means that we can have sensitive information (like salaries or medical records) programmed private, while we can have our proof public. Very useful, right?
2
6
217
ELEMENTAL Stake Pool is @Cerra_io ISPO partner!!! Ticker: ELEMT Other than brining you all the news and insights from Midnight Network, ELEMENTAL also brings many benefits to its delegators. Among others: - Extra Cerra token - Extra Crashr token Please support me by staking part of your funds with ELEMENTAL and I will keep bringing best from Midnight right to your timeline.
This Post is from an account that no longer exists. Learn more
1
2
8
533
Midnight Network will use ZK technology which allows one party to prove to another that a certain statement or claim is true without revealing all the evidence for the proof of that statement. We wrote about the simplest example in the previous post, but what are some more interesting examples of Zero Knowledge Proofs? ZKPs can be used to make statements such as: • A company is not on a sanctions list • A customer is over 28 years of age • A customer has purchased over €1m of product in the past year. All of this can be achieved without the need to reveal other information. Give me more interesting examples please!
2
8
212
Midnight technology allows DApps to: • validate user data without sharing it • protect users identities • ensure integrity – the assurance that data has not been tampered with That sounds great, and I am sure each of us want that, but what is the tech behind it? Before continuing please share this if you liked it, your support of ELEMENTAL stake pool is what motivates me to share everything I learn about Midnight Network. The technology Midnight uses is called zero-knowledge and it allows one party to prove to another that a certain statement or claim is true without revealing all the evidence for the proof of that statement. But how can that be? My favorite example is a number locked in a safe: Let's say that there is a piece of paper with 64 characters written on it "3885cb5e892e81a8ed83d7870eb106c011e4af4380c7da276ce9f097e9e7afab" That is the last block minted by ELEMENTAL stake pool. And I claim that I know the number. How to prove that I know the number without: • revealing the number • opening the safe I could prove to you by responding to your questions. If you would ask me: - What is the first character, and I say "3" - What is the fifteenth character, and I say "a" - What is the second to last character, and I say "a" -... At some point after responding correctly you would start to believe me enough, I would given enough proof that I know the number. There is no way I could guess 13 characters in a row. And that is Zero-Knowledge proof, on which ZK Technology is built upon. What do you think of this simple example? Do you have your favorite one? Looking forward sharing what I learned about ZK-Snarks. Follow me so you don't miss it!
1
4
1
8
530
With only 600k of ADA delegated we still managed to mint our block! Thank you to each and everyone of our delegators 🙏 You are earning: • ADA • METERA • CRASH Please spread the word, we need more ADA in our stake pool to mint blocks regularly every epoch Thank you in advance :)
1
1
2
10
1,769
ELEMENTAL stake pool lost a big whale and we are now under 1M ADA. But we are still minting blocks and going hard! What should we offer to get more delegation? Give us your best #CardanoCommunity 🙏
1
2
53
#Cardano Community, would you like to see a super easy way to start a Cardano Node? Like under 1 minute! SanchoNet, MainNet, PreProd... What ever you need
53