Cardano founder Charles Hoskinson said privacy-focused blockchain Midnight could eventually become bigger than Zcash, citing its privacy technology, AI capabilities, cross-chain functionality and Cardano infrastructure. Hoskinson did not define what he meant by “bigger.” Midnight’s NIGHT token currently has a market capitalization of about $437 million, compared with roughly $26.4 billion for Zcash. Midnight’s mainnet launched in March as a specialized Layer-1 partner chain operating alongside Cardano.
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