Cardano Founder Targets 2026 for Midnight's Privacy Platform Dominance

News Flash 2025-10-18 20:30

Cardano founder Charles Hoskinson has set an ambitious goal for the Midnight development team to establish the world's largest privacy smart contract platform by 2026. In the third quarter, Midnight's smart contract deployments increased by 44.6%, with weekly new contracts up by 45.4%. The team aims to outpace privacy chains such as Secret Network, Oasis Network, and Aleph Zero, which currently hold 13.6% and 6.1% market shares, respectively. Despite facing technical challenges, including issues with Ledger devices, Midnight's integration with Brave Wallet's 84 million users is anticipated to bolster network security. This strategic move is part of the broader effort to enhance Midnight's competitive edge in the privacy smart contract space.

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