Just grabbed 10k of "Night". Fill me in!

So, Charles Hoskinson's new favorite project, right? It pulled in a whopping billion in trading volume on its very first day. It operates on a utxo model, not ETH. Plus, it has dust similar to how Tron handles energy. What could possibly go wrong? By the way, I'm pretty set on beers like a six-pack.

Night is so called privacy coin while the fact it's not a privacy coin. It's only a sidechain of ADA to create the middle between blockchain and regulation. So this is not a pure privacy coin like Monero or Zcash. That's the thing that could go wrong when you thought that night was a native privacy coin. Meanwhile. the fact it serves a purpose to eliminate the complete transaprency that often not needed by the institutional investors. So, it has potential to be an abandoned chain in the future. Yeah, it's getting hyped due to the it's being a launched by Charles Hoskinsons, but i don't think it can sustain for long term.