Midnight Emerges as Cardano’s Savior… Hoskinson Says “It Will Fix Everything”
Charles Hoskinson, the founder of Cardano (ADA), has expressed strong confidence that Midnight, a privacy-focused sidechain, will fully resolve the long-standing issues of data protection and scalability in the blockchain ecosystem.
According to crypto media outlet U.Today on Feb. 11 (local time), Hoskinson recently stated on his X (formerly Twitter) account that Midnight will address all flaws and challenges within blockchain infrastructure. Officially launched in December last year, Midnight is a partner chain of Cardano centered on confidential smart contracts and data protection features. Hoskinson assessed that the introduction of Midnight will serve as a decisive catalyst in attracting potential users who have hesitated to adopt blockchain technology due to concerns over data exposure.
Midnight carries the ambitious goal of ensuring user privacy while simultaneously achieving regulatory compliance. Hoskinson emphasized that the network will offer strong trust to users seeking anonymity in the digital asset space. In particular, Midnight leverages zero-knowledge proof technology, enabling transaction details to remain hidden while still proving their validity. This is seen as an effort to strike an optimal balance between regulatory requirements and individuals’ rights to data privacy.
Midnight is currently progressing through the first phase, known as Kukolu, of its three-stage roadmap scheduled for 2026. A new genesis block could be generated within the next 90 days, signaling the establishment of a stable environment where developers can deploy real products. The Cardano ecosystem plans to enhance Midnight’s completeness through a series of technical transitions spanning from the first to the fourth quarter of 2026. Hoskinson analyzed that this transition process will elevate the scalability and security of the entire Cardano network to a new level.
The market is closely watching Midnight’s commercial potential, with adoption advancing at a rapid pace. Midnight’s native token, NIGHT, entered the top 100 assets by market capitalization within 30 days of its launch, demonstrating strong investor interest. In particular, its listing on global social trading platform eToro significantly improved accessibility and visibility. NIGHT currently holds a market capitalization of approximately $807.97 million, reflecting heightened market expectations for privacy technology.
Hoskinson’s latest remarks reaffirm that Midnight is not merely an auxiliary feature but infrastructure poised to fundamentally innovate blockchain architecture. As the digital asset market converges with traditional finance, the integration of privacy and regulatory compliance is considered an essential task. Global investors are now focused on whether Midnight can deliver on Hoskinson’s pledge to resolve these challenges and drive a new leap forward for the Cardano ecosystem. Investors are advised to closely monitor the execution of the technical roadmap and the progress of real-world commercialization while making prudent investment decisions.
Disclaimer: This article is provided for informational purposes only and should not be construed as investment advice. The publisher is not responsible for any investment losses incurred based on this content.
<저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
|
많이 본 기사
English 많이 본 기사
최신기사
|