Charles Hoskinson, founder of Cardano, claims the upcoming integration of Midnight will make Cardano a multichain ecosystem. In a tweet on Tuesday, he emphasized that Midnight’s mainnet launch will enhance Cardano’s ability to connect with other blockchain networks like Ethereum and Solana.
Currently, Midnight operates on a testnet launched in early October. This phase allows developers worldwide to explore and contribute to the network’s progress. Midnight uses zero-knowledge (zk) technology to offer a data-protected protocol, enabling users to interact with decentralized applications (dApps) while preserving data privacy.
Hoskinson Highlights BitcoinOS Partnership Concerns
Hoskinson also addressed Cardano’s collaboration with BitcoinOS (BOS) during a discussion on X. He revealed that Input Output Global (IOG) will focus on building decentralized finance (DeFi) solutions on Bitcoin next year. Surprisingly, this initiative will involve a new partner, Fairgate Labs, instead of BitcoinOS.
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Cardano enthusiasts questioned this decision, with Angry Crypto Show asking why BitcoinOS was not chosen. Hoskinson clarified that Fairgate Labs created the technology underpinning BitcoinOS. He also mentioned that BitcoinOS’s plans to launch its own token had sparked debates within the ecosystem.
Cardano’s Liquidity Goals with Midnight
Hoskinson reassured the community that Midnight would allow Cardano to tap liquidity from other chains, even if BitcoinOS abandons the network. He urged BitcoinOS founder Edan Yoga to confirm BOS’s commitment to Cardano and suggested launching BOS as a native Cardano token. Yoga responded by affirming that BOS will integrate into Cardano as a recursive token, describing it as an innovative addition to the ecosystem.
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Two months ago, Cardano’s EMURGO partnered with BitcoinOS to deploy smart contracts on the Bitcoin network. This collaboration aims to enable Cardano to access Bitcoin’s liquidity, further solidifying its multichain aspirations.
Midnight’s integration and strategic collaborations mark a significant step in Cardano’s journey to becoming a multichain ecosystem.
