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Why banks are looking at Cardano Midnight instead of Ethereum and Solana
Institutions need three things from blockchain that public chains struggle to deliver: privacy with selective disclosure, execution predictability without MEV extraction, and compliance tooling that doesn’t broadcast sensitive information to the entire world. A bank can’t put customer transactions on a public ledger visible to everyone. They need the ability to hide sensitive details from the public but still prove compliance to regulators when required. That’s selective disclosure. MEV (maximal extractable value) represents a hidden tax on public chains. Validators or bots can see pending transactions in the ... (full story)