Fluid Tokens Announces ZK Dev Team for Cardano and ADA Midnight sidechain
Fluid Tokens has announced that a dedicated development team has been assigned to Cardano and ADA‘s Midnight sidechain.Fluid Tokens will become the first zero-knowledge lending protocol on Midnight bringing...
Fluid Tokens has announced that a dedicated development team has been assigned to Cardano and ADA‘s Midnight sidechain.
Fluid Tokens will become the first zero-knowledge lending protocol on Midnight bringing privacy to lending, borrowing and staking.
Fluid Tokens is currently operational on Bitcoin and Cardano, allowing users to borrow, lend and stake tokens via their decentralized app.
Cardano Midnight gains dedicated ZK team
On December 31, Fluid Tokens announced the expansion of their team to include a dedicated ZK development team for both Cardano and Midnight.
— FluidTokens (@FluidTokens) December 30, 2024Changing the game on multiple blockchains at once with Zero Knowledge Lending.
FluidTokens 🤝 Midnight
Our Team is expanding with a dedicated ZK Dev Team for both Midnight and Cardano.
Fluid will be the zero-knowledge Lending protocol on Midnight—and with that we open up the… pic.twitter.com/WepteOBNNJ
With a dedicated team focused on zero-knowledge technology, it wont be a long wait until more features are brought to Fluid Token’s Cardano dApp alongside Cardano’s Midnight sidechain.
From Fluid Tokens via Twitter/X:
Fluid will be the zero-knowledge Lending protocol on Midnight—and with that we open up the potential for trustless bridges across other chains…
As users can imagine, a trustless multi-chain bridge across various blockchain networks can be possible with Fluid Token.
Midnight is Cardano’s privacy-first sidechain which can be used to launch and interact with secure smart contracts which maintain privacy when it comes to personal data and that of commercial businesses.
From Midnight:
Midnight is bringing data protection to the blockchain – empowering organizations to deliver regulation-friendly, data-protecting applications that keep users in control of their own information.
Although blockchain networks have publicly accessible ledgers, on Midnight, investors will be given choices whether they want their data to be private from certain audiences or not.
— Sebastien Guillemot (@SebastienGllmt) November 14, 2024First ever Midnight zkApp running in the browser 🔥
Look how fast the proof generation is too 👀
ZK is coming to Cardano and beyond
Combine this with our previous work, and every dApp will soon have ZK-powered components 💪 pic.twitter.com/S13wxegiX2
In 2024, the first zero-knowledge application launched on Midnight under Paima Studios. Zero-knowledge applications and integrations are important if Midnight wants to excel in the realm of privacy and security.
With a dedicated ZK team from Fluid Tokens at the ready, Midnight may have a chance at becoming one of the biggest ZK chains in the market and a serious contender to ZK blockchain networks such as Dusk.
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