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Draft:Midnight (blockchain platform)

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  • Comment: More than half of the citations are dedicated to something tangentially related to the subject. Outside of those, reference 1 is very questionable, and 6 and 7 are not significant coverage. I recommend reading Wikipedia:When your boss tells you to edit Wikipedia if you haven't already. mwwv converse∫edits 13:14, 10 September 2026 (UTC)
  • Comment: In accordance with the Wikimedia Foundation's Terms of Use, I disclose that I have been paid by my employer for my contributions to this article. Halladayj (talk) 12:17, 8 September 2026 (UTC)


Midnight is a privacy-enhancing Layer 1 blockchain designed to support private transactions, selective data disclosure, and privacy-preserving applications.[1] It is associated with the Cardano ecosystem, founded by Charles Hoskinson, and has been described as a partner chain to Cardano.

The project is based on research into private smart contracts, including Kachina: Foundations of Private Smart Contracts, a 2020 paper by Thomas Kerber, Aggelos Kiayias, and Markulf Kohlweiss.[2][3] The paper proposed KACHINA, a protocol for deploying privacy-preserving smart contracts.[4][5]

In 2026, Monument Bank announced plans to tokenise up to £250 million of retail customer deposits on the Midnight network. FinTech Futures described it as the UK’s first tokenised retail deposits programme.[6][7]

References

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  1. ↑ The Fintech Times, “Midnight Network Goes Live as Privacy-Focused Blockchain Moves Into Mainnet Phase”, 1 April 2026.
  2. ↑ University of Edinburgh Research Explorer, “Kachina - Foundations of Private Smart Contracts”. https://www.research.ed.ac.uk/en/publications/kachina-foundations-of-private-smart-contracts/
  3. ↑ IACR Cryptology ePrint Archive, “Kachina - Foundations of Private Smart Contracts”, Paper 2020/543. https://eprint.iacr.org/2020/543
  4. ↑ Kerber, Thomas; Kiayias, Aggelos; Kohlweiss, Markulf. “Kachina - Foundations of Private Smart Contracts”, 2021 IEEE 34th Computer Security Foundations Symposium. https://doi.org/10.1109/CSF51468.2021.00002
  5. ↑ Input Output Research, “Kachina - Foundations of Private Smart Contracts”. https://www.iog.io/papers/kachina-foundations-of-private-smart-contracts
  6. ↑ FinTech Futures, “Monument Bank to launch tokenised retail deposits programme”. https://www.fintechfutures.com/tokenisation/monument-bank-to-launch-tokenised-retail-deposits-programme
  7. ↑ American Banker, “BMO, UK’s Monument Bank join the tokenized deposit train”. https://www.americanbanker.com/payments/news/bmo-u-k-based-monument-announce-tokenized-deposits