Cardano has become the most recent member of the Confidential Computer Consortium in Linux Foundation (CCC), a decision that positions the open source blockchain alongside heavy goods vehicles such as Microsoft and Amazon on the rapid growth market for data protection standards. The announcement emerged during a one -hour fireside cat at a “midnight stand” during the consensus, where Charles Hoskinson, director general of the entrance (IO), and Eran Barak, director general of the Midnight development company, sketched how confidential IT will anchor Cardano the confidentiality of Sidechain, midnight.
“We recently joined the confidential computer consortium, you know, with Linux Foundation, and we are there with Microsoft and Amazon with Nitro. They talk about confidential calculation and confidence material enclaves with GPUs to outsource AI data,” Hoskinson told the public. The CCC establishes specifications of the cross -based industry -based industry; Its membership reports that Cardano intends to align zero knowledge roll-ups and the decentralized identifier (DID) with emerging material standards rather than relying only on purely cryptographic shields.
“So midnight clicks fundamentally in all these different things and that gives you the opportunity to reason and think about how I share, with whom I share, what should I have, what they look like, what the Get market looks like,” added Hoskinson.
Cardano makes a next step in the secure blockchain
Hoskinson retraced the origins of Midnight to “a bar in Tel Aviv” during the Eurocrypt 2018, describing how a end of evening debate on zero knowledge of knowledge has finally matured in a side technology which combines a program of programmable Starte (Kachina “), an economic model at Double Tok Dids. However, according to Barak, technological ingenuity is not enough alone; The adoption of the company depends on the confidence in the root of equipment. Confidential IT, he said, provides this final layer.
“When you think of protecting your data, you must really think of two parts: protect the data itself and protect metadata,” said Barak. “Midnight hopes to be the fabric that allows AI to access personal private data in the right way that does not violate our rights.” By joining the CCC, Cardano wins a seat on the board where these fabric threads are woven in the specifications of the chipset, the certificate protocols in enclave and the open source reference code.
A large part of the session focused on the design of two active ingredients from Midnight, which separates volatile and value (“knight”) governance from a stable and non -specialized unit (“dust”). Hoskinson argued that the division of consensual incentives from the predictability of the costs bypass that the tension regulators see in fully protected currencies such as Monero. “You get your cake and eat it too … Developers can pay in Bitcoin or Ether or Solana thanks to an exchange of capacity, and the end user does not notice that they use a different system.”
Confidential IT extends this logic to the material layer. Execution at the enclave protects the portfolio keys, zero knowledge circuits and the registers of lateral channel attacks, while providing at the same time as listeners with cryptographic certificate according to which regulatory conditions are integrated into intelligent contract models are met. “Selective disclosure is an absolute necessity,” Hoskinson told a questioner who raised fears of conformity. “You cook in the ability to put disclosure in terms of intelligent subcontracting, then let the exchanges decide on their directing directives on a case-by-case basis.”
CCC’s membership in Cardano has arrived as the conversation has transformed into real tokenized assets – a hospital market with “ten dollars” today and “a hundred billions” once the issuers of small capitalization and the frontier market join. Midnight, he argued, must interact with the two inherited places such as the New York Stock Exchange and the chain liquidity pools. The confidentiality verified by the equipment makes this puncture credible. “You want brokers, compliance, circuit breakers, but you also want blockchain stuff … Having infrastructure like Midnight is the only way to really do this,” he said.
Barak reported more than 2,000 early manufacturers on the midnight test, ranging from prototypes of dark pools and medical record drivers to tracing carbon credits for jet engines. Because the code and the state are encrypted, the IO developer team team cannot inspect what is deployed; The teams volunteer information only in opt-in calls. “I think that if we finally bring the blockchain technology that encompasses the confidentiality elements that companies need, innovation is simply incredible,” said Barak.
At the time of the press, Ada exchanged $ 0.68.
Star image created with dall.e, tradingView.com graphic
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