Hi guys,
Are you ready for more awesome news?
How would you like Wanchain to build a brand new Cardano ↔ Midnight Bridge using revolutionary ZK-proof technology?
Let me unwrap this for you.
#PrepareToHaveYourMindBlown
ZK-proof Bridging:
- This technology is still in its infancy, but it's already making big waves for the last 2 months, ever since BitcoinOS achieved a preliminary success with it.
- The intriguing part is that you don't have to trust the bridge when you move the ZK proof (ZKP) across chains. The way that it works is that ZKP is done off-chain and once the proof is valid, it doesn't matter how it is transported from one chain to another.
- The biggest benefit of this tech is that it reduces the reliance on the intermediaries (although it doesn't eliminate it entirely). This means potentially better security as a result of fewer attack vectors.
- Currently ZK-proof bridging is growing into a great narrative in blockchain bridging.
Midnight Blockchain:
- Solves a big issue that blockchain currently has = your transactions are either 100% public or 100% anonymous. There's no middle ground.
- Midnight solves this issue with selective transparency. Where as a user, Dapp, classic business or institution you can choose which data they want to make publicly available. This is the huge step towards blockchain adoption by both individuals and businesses.
- Midnight will offer all of the above for the Cardano blockchain, so they can both expand together side by side.
- Charles Hoskinson is super bullish on Midnight. It's being built by IOG to which he's closely related.
Conclusion:
- We're on the way to our own ZK-proof bridge = joining this big narrative in blockchain interoperability.
- And did I mention that Midnight has huge potential? And we will be the ONLY bridge connecting Cardano (#7 blockchain with $39 billion market cap) to it's most awaited and first-ever partner chain, Midnight? Imagine the volumes ...
Get all the goodies yourself:
- Charles Hoskinson & our Midnight Bridge tweet
- Midnight Network
- Midnight Bridge Impact
Are you ready for more awesome news?
How would you like Wanchain to build a brand new Cardano ↔ Midnight Bridge using revolutionary ZK-proof technology?
Let me unwrap this for you.
#PrepareToHaveYourMindBlown
ZK-proof Bridging:
- This technology is still in its infancy, but it's already making big waves for the last 2 months, ever since BitcoinOS achieved a preliminary success with it.
- The intriguing part is that you don't have to trust the bridge when you move the ZK proof (ZKP) across chains. The way that it works is that ZKP is done off-chain and once the proof is valid, it doesn't matter how it is transported from one chain to another.
- The biggest benefit of this tech is that it reduces the reliance on the intermediaries (although it doesn't eliminate it entirely). This means potentially better security as a result of fewer attack vectors.
- Currently ZK-proof bridging is growing into a great narrative in blockchain bridging.
Midnight Blockchain:
- Solves a big issue that blockchain currently has = your transactions are either 100% public or 100% anonymous. There's no middle ground.
- Midnight solves this issue with selective transparency. Where as a user, Dapp, classic business or institution you can choose which data they want to make publicly available. This is the huge step towards blockchain adoption by both individuals and businesses.
- Midnight will offer all of the above for the Cardano blockchain, so they can both expand together side by side.
- Charles Hoskinson is super bullish on Midnight. It's being built by IOG to which he's closely related.
Conclusion:
- We're on the way to our own ZK-proof bridge = joining this big narrative in blockchain interoperability.
- And did I mention that Midnight has huge potential? And we will be the ONLY bridge connecting Cardano (#7 blockchain with $39 billion market cap) to it's most awaited and first-ever partner chain, Midnight? Imagine the volumes ...
Get all the goodies yourself:
- Charles Hoskinson & our Midnight Bridge tweet
- Midnight Network
- Midnight Bridge Impact