📦 Open Source

Blockchain's Dirty Secret: No Privacy, Until Midnight Tries to Fix It

Over $3 billion stolen from DeFi hacks since 2020, all because 'code is law' on public blockchains. Midnight wants to hide your transactions without hiding the math.

theAIcatchup Apr 10, 2026 4 min read
Glowing blockchain links with a privacy shield overlay and locked data nodes

⚡ Key Takeaways

  • Blockchain eliminates middlemen but exposes everything publicly—$3.7B in DeFi hacks prove it. 𝕏
  • Midnight brings zero-knowledge privacy to Cardano, balancing secrecy with regulatory compliance. 𝕏
  • Skeptical outlook: Hype cycles repeat; mainnet delivery will make or break it. 𝕏
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#ZK proofs #blockchain #cardano #defi #defi privacy #midnight #midnight blockchain #zero-knowledge proofs

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Originally reported by dev.to

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