PANews February 12 News, according to CoinDesk, Cardano founder Charles Hoskinson announced at the Consensus Hong Kong conference that his long-term privacy blockchain Midnight will officially launch in the last week of March, operating as a partner chain of Cardano.
Midnight is based on zero-knowledge proof technology and adopts a “selective disclosure” privacy model: user transaction data remains private by default and only discloses specific information to authorized parties when necessary. This design aims to balance blockchain privacy protection with compliance requirements, supporting different levels of data access views such as public, audit, and regulatory. Hoskinson revealed that Google and Telegram have participated in the collaboration. The simultaneously launched Midnight City Simulation testing platform will be open to the public on February 26, using AI agents to simulate real trading environments and verify the network’s proof generation and processing capabilities in large-scale scenarios.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Stellar Partners With TopNod to Boost Wallet Adoption Across Asia, Africa, and Latin America
Stellar has struck a new partnership with TopNod to increase wallet access in Asia, Africa, and Latin America.
The two partners will target real-world assets and stablecoins, with TopNod’s key sharding and TEE eliminating the need for seed phrases.
The Stellar Development Foundation has
CryptoNewsFlash7m ago
VeChain and Rekord Build EU Digital Product Passport at Industrial Scale
VeChain and Rekord are deploying DPP infrastructure aligned with the EU’s ESPR, which entered into force on July 18, 2024.
The EU is expected to deploy a central Digital Product Passport registry by July 2026, ahead of early DPP-related compliance phases scheduled for 2027.
VeChain and Rekor
CryptoNewsFlash10m ago
Trump-Backed World Liberty Financial Launches World Swap Remittance Platform
World Liberty Financial has unveiled plans to introduce a new foreign exchange and remittance platform called World Swap. This platform aims to simplify global money transfers and reduce high transaction fees. The venture is backed by the family of former U.S. President Donald Trump, raising some
CryptoBreaking11m ago
Hoskinson Confirms LayerZero Integration for Cardano Network
Cardano will port LayerZero to boost interoperability and institutional-grade cross-chain infrastructure.
USDCx will launch on Cardano with zero-knowledge tech for compliant, privacy-enhanced transfers.
Announcement coincided with Midnight mainnet rollout and rising LayerZero ecosystem ac
CryptoFrontNews1h ago
NCUA Proposes Stablecoin Issuer Framework Under GENIUS Act
The NCUA has proposed a rule allowing credit union subsidiaries to apply for payment stablecoin issuer status in line with the GENIUS Act. Applications open now, ensuring competitive parity among entities, with feedback accepted until April 2026.
LiveBTCNews2h ago
Utexo: Launches an adaptation layer to support the RGB protocol for Tether wallet development suite
Odaily Planet Daily reports that the Bitcoin privacy stablecoin project Utexo has launched an adaptation layer to provide RGB support for Tether's Wallet Development Kit. This feature aims to address architecture mismatch issues caused by client-side verification and improve the interoperability of wallet SDKs.
GateNewsBot3h ago