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Charles Hoskinson announces late-March debut for Midnight, unveils privacy simulation platform

CoinDesk
Cardano founder Charles Hoskinson announced the privacy-focused Midnight blockchain will launch in late March, alongside a simulation platform.

Summary

Charles Hoskinson, founder of Input Output Global (IOG), announced that the privacy-focused blockchain, Midnight, is set to launch during the final week of March as a partner chain to Cardano. Hoskinson revealed this during his keynote at Consensus Hong Kong, noting collaborations with partners like Google and Telegram. Midnight utilizes zero-knowledge (ZK) proofs for selective disclosure, allowing users to share only necessary data while maintaining default privacy, thus balancing confidentiality and regulatory compliance for decentralized applications. Concurrently, Hoskinson unveiled the Midnight City Simulation platform (midnight.city), an interactive environment demonstrating the network's ability to handle real-world transaction scaling by using AI-driven agents, although public access to the simulation is restricted until February 26th.

(Source:CoinDesk)