bitcoinist.com (nprofile…le2g)
✍️ Charles Hoskinson, founder of Cardano, outlines three existential threats to the crypto industry: privacy, economic fragmentation, and 'Ponzonomics', and proposes the Midnight network as a solution.
👉 The three existential threats to the crypto industry are privacy, economic fragmentation, and 'Ponzonomics'
👉 The Midnight network is a multi-chain, privacy-centric infrastructure designed to stitch together the fractured blockchain landscape
👉 The network allows for cross-chain cooperation and interoperability
👉 The goal is to create a cooperative economy rather than a winner-take-all mentality
👉 The network will have a coordinating entity, the Midnight Foundation, led by Fahmy Syed
#CharlesHoskinson #FahmySyed #technology
quotingbitcoinist.com (nprofile…le2g)
nevent1q…uenu
In an appearance at Consensus 2025, Charles Hoskinson, founder of Cardano and CEO of Input Output, outlined what he considers the three existential threats—or “demons”—that must be vanquished for the crypto industry to achieve meaningful, global adoption: privacy, economic fragmentation, and what he called “Ponzonomics.” His proposed answer to these challenges is the long-gestating Midnight […]
https://bitcoinist.com/cardano-crypto-three-demons-midnight/