Cardano’s Charles Hoskinson has outlined major developments for the network, highlighting the upcoming launch of Midnight, a privacy-focused blockchain, and the need for better exchange support for Cardano Native Assets (CNTs).
Midnight, set to go live this year, aims to enhance privacy while maintaining regulatory compliance.
It will introduce a dual-reward system for stake pool operators (SPOs), allowing them to earn both NIGHT tokens and ADA by managing two distributed ledgers. This innovation is expected to strengthen Cardano’s staking ecosystem.
Hoskinson also emphasized the importance of improving CNT adoption across crypto exchanges.
While Kraken has embraced Cardano’s SNEK memecoin, he acknowledged that more work is needed to increase the presence of other CNTs on major trading platforms.
Beyond these technical upgrades, Cardano continues to expand its ecosystem with new partnerships and projects, reinforcing its position as a key player in the blockchain space.
With Midnight’s focus on privacy and the ongoing push for greater CNT integration, the network is positioning itself to attract a broader range of developers and investors.
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