Nightmode launches MPC vault architecture for cross-chain privacy on Midnight
- —Assets stay in MPC vaults on origin chains instead of moving through a bridge
- —Each vault is governed by seven private cryptographic signatures
- —Users receive relational tokens in a Multi-Chain Shielded pool for trading and staking
- —NIGHT generates DUST, the resource consumed by shielded transactions
Why it matters: Midnight extends privacy to cross-chain use cases, potentially drawing institutional payments and RWA settlement activity.
Source: Crypto Economy