BREAKING NEWS: @IOHK_Charles announces Demo of #Midnight a side chain that will launch on Cardano and #DUST privacy token. Read more 1/7 ⬇️
Midnight is a Virtual Machine that will launch as a Side Chain to #Cardano. Side chains work like a partnership 🤝
ADA ↔️ MID.
ADA provides a Decentralized ecosystem with liquidity, security and infrastructure.
Midnight VM provides a privacy layer that covers freedom of A.C.E.
Freedom of A.C.E.
Association
Commerce
Expression
This is essential in protecting legitimate users from tyranny, discrimination, and surveillance capitalism. The year is 2022 and what DONT most privacy tokens have ? Smart contracts.
ADA 🤝 Midnight.
Additionally since this is a partnership. ADA Stake Pool operators will earn rewards in DUST Tokens 😳🪙.
Demo of Midnight VM will be available tomorrow for users to test out.
IMO this is gonna take me some time to process. Surveillance capital is REAL. Mistake beginners make is thinking transactions on the blockchain are “private”.
Do you feel comfortable sharing your Amazon purchases, Web history, and bank statements ?
All banks and including -
@DiversiCoin has to abide by the Bank Secrecy Act meaning we can’t expose your transactions to the public. That’s a crime. Midnight gives users the option to disclose transaction data. You control your privacy on an entire ecosystem. For retail transactions this is promising.
Thanks for the read please follow, comment, RT. Much love 🙏❤️
“As of June 30, the company’s assets amounted to $14.6 billion. Its single biggest asset: $3.66 billion of “unlocked FTT.” The third-largest entry on the assets side of the accounting ledger? A $2.16 billion pile of “FTT collateral.” coindesk.com/business/2022/…
Another thought about @FTX_Official bid for Voyager … Was this just a move to pump FTT and sell the narrative FTX is for the people 🤔. Pump, borrow, spend, and repeat.
🌉Bridges are apps which allow the transfer of crypto from network to network. Intreropability is in early stages and there are multiple bridges. @NEARProtocol is an L1 blockchain with some unique aspects, but today lets highlight the 🌈Rainbow Bridge. 🧵1/12
2/ First lets go over some of the costliest 💰 bridge exploits that occurred in 2022.
3/ Nomad Aug. 2nd $190M. Smart contract was exploited by allowing OG hacker to withdraw 100 WBTC. Exploit (available on etherscan) was replicated by copying the call data and adding new wallet address. Which then lead to thousands of addresses raiding Nomads accounts.
🚨#SmartCon22 Day 1 Recap🚨
The long awaited smartcon hosted by @chainlink has kicked off this weekend in NYC. Major announcements from @SergeyNazarov confirming major news and road map for the 🔗 LINK ecosystem🌳.
@chainlink goal is the Restoration of Trust in Everything via Cryptographic Guarantees. Sergey goes on to talk about how we have lost trust in the centralized way of sharing information. User data is manipulated for profit and central authority agenda.
Verifiable Randomness: Provably Fair Gaming and NFTS. VRF is a cryptographic function that takes inputs, computes them, and produces a random output, along with a proof of authenticity that can be verified by anyone. For games this can create random loot, maps, challenges, etc.