Cardano founder Charles Hoskinson reassures the crypto community that the Midnight upgrade will strengthen, not weaken the blockchain. In a recent livestream, he addressed fears that the privacy- and scalability-focused initiative might distract from Cardano’s core mission, highlighting instead that Midnight could grow its DeFi ecosystem tenfold. Hoskinson stressed that speed, cost, and scalability alone won’t drive mass adoption. “Why would anyone leave Solana or Ethereum?” he asked.
His point stresses that users won’t switch unless Cardano offers something truly unique. The Midnight upgrade aims to do just that, introducing privacy-focused smart contracts and features unavailable on other chains, giving developers and users entirely new possibilities. Notably, the Midnight protocol bridges privacy, scalability, and user experience, enabling secure, data-obscured transactions. Hoskinson emphasized that Midnight won’t take users from Solana or Ethereum; instead, it opens new opportunities, letting developers and investors engage with Cardano in ways previously impossible, unlocking a stronger, more versatile DeFi ecosystem.
Leave a Reply