Midnight wallet

What is Midnight (NIGHT)?

NIGHT is the token of Midnight, a privacy-focused blockchain built by the team behind Cardano and run as a partner chain of it. Midnight lets applications keep their data confidential while still proving on-chain that the rules were followed, using zero-knowledge proofs and selective disclosure. NIGHT itself is deliberately not the private part: it is an ordinary, transparent, transferable token.

What is specific about holding NIGHT

Midnight uses a two-asset design. NIGHT is the asset you hold and move. Holding it generates DUST, a separate shielded resource that pays for transactions on the Midnight network; DUST cannot be transferred, so it is not something you send or store in a wallet. From a holder's point of view this means NIGHT is a simple balance and the fee mechanics of the Midnight chain do not touch it directly.

The practical thing to know is where your NIGHT actually sits. It was issued as a native token on Cardano, which is its home: there is no contract to interact with, but sending it requires a little ADA for the network fee and the small ADA amount Cardano attaches to any token transfer. There is also a BEP-20 version on BNB Smart Chain, where gas is paid in BNB. These two are separate balances that do not move between networks on their own, and a transfer sent on one network only arrives if the recipient is expecting it there.

Supported networks in Tangem (2): BNB Smart Chain, Cardano.

Because NIGHT exists in two places, the Tangem app keeps a separate balance for each network and shows which network a transfer is going out on before the card signs it, with the ADA or BNB needed for the fee held in the same wallet. For a token that can be confused between its Cardano and BNB Smart Chain versions, that clear separation is the reason keeping NIGHT on a Tangem card works well.