- Charles Hoskinson shared Cardano’s vision to bring together, the private and public sides of blockchain via Midnight
- ‘Midnight’ was introduced to achieve the vision of keeping public things open and private things confidential.
- Hoskinson elaborated on Midnight’s benefits; it could trigger a surge in network adoption.
In a recent interview on the YouTube channel ‘Crypto Capital Venture,’ Cardano Founder Charles Hoskinson shared insights on Midnight, Cardano’s data protection-based sidechain. Per Hoskinson’s assertions, Midnight is introduced to bring forward both the private and public sides of a blockchain together with smart contracts.
While blockchain technology is best known for its decentralized nature and transparency, its foremost challenge is that “it can’t keep a secret.” Hoskinson stated,
They’re really good at telling the truth…but they can’t hide the private state of things.
Per Hoskinson’s view, while businesses have both private and public sides, keeping the private side confidential is essential. Thus, six years ago, Cardano experimented with projects to ensure privacy with smart contracts; Midnight is an e…
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