Cardano founder Charles Hoskinson has asserted that the success of the new "Midnight" project serves as definitive proof that he is not a liability to the network’s growth. This statement comes as the privacy-focused sidechain gains significant traction, providing a powerful counterpoint to previous criticisms and controversies surrounding Hoskinson's leadership. The Midnight project, which focuses on confidential smart contracts and real-world asset (RWA) applications, represents a major step forward for the Cardano ecosystem.
<h2>A Landmark Initiative for Privacy</h2>
[embed]https://twitter.com/IOHK_Charles/status/1952059276999954610[/embed]

Midnight is a groundbreaking privacy sidechain that leverages zero-knowledge proofs to protect user data and transactions. This initiative is positioned to address the growing need for privacy in the "fourth generation" of <a href="https://www.cryptoknowmics.com/news/how-to-buy-cryptocurrency/">cryptocurrencies</a>. Its success is highlighted by the "Glacier Drop," an ambitious multi-chain airdrop of the native $NIGHT token to over 37 million wallets across several major networks. This distribution strategy, which deliberately excluded venture capitalists in favor of community members, underscores the project’s commitment to decentralization and grassroots engagement.
<h3>The Argument for Vision and Execution</h3>
Hoskinson's claims appear to directly address past allegations and concerns about his influence on the network. By successfully launching a complex, privacy-centric project with a broad community reach, he is demonstrating a capacity for technical vision and effective execution. The success of Midnight provides tangible evidence of progress beyond the more conceptual stages of Cardano's development, thereby reinforcing his role as a crucial driver of innovation. As the Cardano network continues to mature and decentralize under the Voltaire era, the positive reception of projects like Midnight will be key to shaping perceptions of its future.

Cardano Founder Says Midnight Success Vindicates His Role in Network Growth

Charles Hoskinson says Midnight’s success proves he is not a liability to Cardano’s growth, citing its privacy features and community-focused airdrop.

Cardano Founder Says Midnight Success Vindicates His Role in Network Growth

Top Picks