Fahmi Syed - Midnight - TOKEN2049 Singapore 2025
Explore the transformative potential of blockchain technology with Fahmi Syed, President of the Midnight Foundation, during his insightful presentation at TOKEN2049 Singapore 2025. In this session, Syed delves into the concept of "rational privacy," positioning Midnight as a pioneering next-generation blockchain designed to offer privacy-enabling solutions for mass adoption.
Fahmi Syed revisits the 2008 financial crisis, highlighting blockchain's initial promise of decentralization and transparency, while addressing its inherent compromise: the lack of privacy. Midnight aims to resolve this by advocating for "rational privacy," a concept mirroring the balance between transparency and privacy in both physical and digital spaces. The session underscores how this privacy-focused approach can revolutionize blockchain adoption for corporations, individuals, and machines by allowing selective disclosure and protecting sensitive information.
Syed introduces Midnight's innovative economic model using the tokens "Knight" and "Dust." Knight, a Cardano native asset, represents governance and ownership, while Dust powers transactions with privacy using zero-knowledge proofs. The fair distribution mechanism, known as the Glacier Drop, encourages developers from chains like Cardano, Bitcoin, and Ethereum to harness Midnight's privacy solutions.
As a call to action, viewers and developers are encouraged to explore opportunities offered by Midnight's privacy technologies, engage in cooperative tokonomics, and contribute to building a fairer digital future. Don't miss out—like, comment, and subscribe for more visionary insights from TOKEN2049 Singapore 2025!
