Hoskinson Says Every NIGHT Holder Is Already a Cardano User as Midnight Is What Cardano Was Built For

Cardano founder Charles Hoskinson says Midnight’s rapid expansion should be viewed as growth for Cardano rather than competition against it, arguing that every current NIGHT holder is already connected to the Cardano ecosystem. During a surprise AMA on Nov. 7, Hoskinson described Midnight as Cardano’s largest project and pushed back against the idea that resources devoted to the privacy-focused network somehow detract from ADA. “Midnight is a Cardano native asset,” Hoskinson said, adding that NIGHT was distributed using Cardano technology and that holders currently need a Cardano wallet to hold the asset. His broader argument was straightforward: Cardano was built as a platform on which major projects could launch and grow. Hoskinson questioned criticism of his work on Midnight by comparing it with other projects operating across Cardano.

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