Hoskinson's Midnight nears 50,000 daily transactions, 2.4x Zcash's activity
- —Midnight processed 49,229 transactions in a day versus roughly 20,000 for Zcash
- —The network uses ZK proofs and selective disclosure aimed at regulatory compliance
- —NIGHT is separated from DUST, which is generated by holding NIGHT
- —Zcash is preparing a block-time cut to 25 seconds and debating a $125 million treasury
Why it matters: Midnight's transaction growth intensifies competition among privacy chains, though the metric's durability depends on real demand once early incentives fade.
Source: CriptoTendencias