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Home»Blockchain»Cardano Founder Shuts Down Midnight Drama
Blockchain

Cardano Founder Shuts Down Midnight Drama

2024-01-26No Comments2 Mins Read
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Midnight is being developed as a data protection blockchain, aimed at protecting sensitive commercial and personal data, protecting fundamental freedoms of association, commerce and expression for various stakeholders, including developers, companies and individuals.

Midnight’s architecture is centered around a Charles Hoskinson has responded with sharp clarity to questions about the relationship between Midnight and Cardano. The requirements suggest a need for Midnight developers to reference Cardano when writing applications for the Midnight blockchain. To this Hoskinson responded, emphasizing the independence of the two projects by questioning the need for such a reference, thus halting any manufactured drama.

The essence of Hoskinson’s response lies in the distinction between the two projects. Despite sharing a common lineage through common leadership, Midnight is an entity unto itself. It doesn’t need to mention Cardano any more than any other blockchain needs to reference any other when discussing its applications. Both platforms have unique use cases and technical specifications that serve different purposes.

Midnight’s value proposition is enormous, providing data protection, assurance of data integrity and scalability. It promises to improve the developer experience with the integration of Zero-Knowledge Proofs (ZK-Snarks), reduce compliance costs, and maintain systems for organizations by reducing the need to capture and store customer data.

The potential use cases for Midnight’s technology are vast, ranging from shareable KYC data, decentralized credit scoring and anonymous voting systems to confidential medical history systems.

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See also  Phala Network Partners with DePHY to Scale AI Computing and TEEs for Web3 Applications
Cardano Drama Founder Midnight shuts
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