Hoskinson Predicts Midnight Will Surpass Zcash
The Cardano founder linked his forecast to programmable privacy, private AI agents, and DeFi applications that could work across major blockchains.
By SongMarketCap
Updated:
Charles Hoskinson talk on September 28 say Midnight go grow pass Zcash. E mention selective disclosure, private agents, DeFi kernel for major chains, plus mix of zero knowledge proofs, trusted execution environments, and multiparty computation. E still connect im outlook to Cardano and the Leios scaling work, and e end the post with reference to 2027.
Midnight’s Plan for Private Applications
Midnight na Cardano partner chain wey dem build for applications wey need use sensitive information without put am for public blockchain. Developers fit define which data go remain private and which result go dey available make people fit verify. Example, one application fit confirm say person meet age requirement without show im date of birth.
Wetin Hoskinson call private agents get to do with software wey dey act on top user behalf. For September overview of Midnight partner integrations, Fireblocks talk say im SDK dey support delegated access wey user set policies dey govern, so developers fit define which actions one agent fit perform.
Midnight mainnet start to operate for March 2026. The first stage dey use federated block producers and e dey introduce applications step by step. The network privacy model allow private information wey user hold to interact with public smart contract state through zero knowledge proofs.
How Zcash and Midnight Approach Privacy
Zcash na established network wey focus on digital payments. ZEC holders fit make transparent or shielded transactions. Dem fit also give authorized party access to information about shielded address through one viewing key.
So selective access to private information still dey available for Zcash.
Midnight apply privacy controls to the rules and data wey applications dey use.
Developers fit build smart contracts wey go verify condition while dem keep selected inputs private. That kind design fit support credentials, financial services, and other use cases wey application need answer without publishing the underlying record.
Midnight still separate im transferable token, NIGHT, from DUST, the nontransferable resource wey dem dey use pay for transactions and smart contract activity. Holders fit register NIGHT to generate DUST without spending the token to cover every Midnight transaction.
Cross-Chain DeFi and Cardano’s Role
The Midnight Foundation report for August say VIA Labs don launch cross chain messaging on Midnight. E allow smart contracts to communicate with applications on other networks. The Foundation describe use cases wey range from asset transfers to verifying private information on Midnight and sharing the result with external application. The September overview still describe agent actions across chains under rules wey users set.
Cardano provide another direct connection: NIGHT wey dem hold on Cardano fit register to generate DUST for activity on Midnight. The two chains still dey process transactions on separate ledgers. Hoskinson still mention Leios, Cardano scaling upgrade, wey still dey development; e no be active Midnight feature.
Hoskinson no define whether “bigger” mean more users, greater application activity, wider cross chain reach, or higher market value. Im comparison join together Zcash established shielded payment network and Midnight expanding infrastructure for private applications. Cross chain messaging and Cardano linked DUST generation don already dey; the DeFi kernel wey go span major chains and broader use of private agents na the next stage of the vision wey e set out for 2027.