Cardano

Major

Midnight

Charles Hoskinson, the founder of Cardano, has expressed pride and excitement following the release of the public testnet for Midnight, a sidechain project within the Cardano ecosystem.
This marks a significant development for <a href="https://timestabloid.com/hoskinson-directly-touts-cardano-for-gemini-listing/" rel="noopener noreferrer nofollow">Cardano,</a> as the Midnight team continues working toward delivering a privacy-focused solution for decentralized applications.
The Midnight team <a href="https://midnight.network/blog/introducing-the-midnight-testnet" rel="noopener noreferrer nofollow">officially announced</a> the launch of testnet on Tuesday, inviting developers from around the world to engage with the network and contribute to its ongoing development. This release is a key step toward bringing the Midnight mainnet to life.
<h2 id="b-midnight-a-data-protection-sidechain-for-cardano-b">Midnight: A Data-Protection Sidechain for Cardano</h2>
Midnight, a sidechain designed to integrate privacy with regulatory compliance, is built on the belief that developers should prioritize protecting sensitive information while creating decentralized applications.
The network aims to provide a secure environment for transactions and dApps by utilizing zero-knowledge cryptography. This enables privacy features without compromising the overall security of the blockchain.
The core objective of Midnight is to offer a solution that balances the transparency of blockchain technology with the need for data protection. Organizations and developers that value privacy and data ownership are among the primary targets of this project.
The testnet environment allows developers to experiment with building privacy-oriented applications while maintaining the stability and security of the network. Midnight’s architecture ensures that private transactions and other sensitive data can be handled securely, without exposing confidential information.
<h2 id="b-expanded-capabilities-of-the-testnet-b">Expanded Capabilities of the Testnet</h2>
The public testnet provides a stable and secure setting where developers can explore building applications tailored to Midnight’s privacy features. The Midnight team has enhanced the network’s capabilities, including hardening the codebase and reducing the frequency of chain resets that typically occur during system upgrades.
With these improvements, developers can interact with the testnet as if they were operating on a live mainnet. The Midnight team aims to create a reliable environment for developers, giving them the confidence to innovate and test new ideas while working toward more widespread adoption.
The launch of the testnet marks a significant achievement for the Midnight project, reflecting the team’s steady progress as they continue to develop the sidechain. It also brings the team closer to its goal of launching the live mainnet.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We are on twitter, follow us to connect with us :- <a href="https://twitter.com/TimesTabloid1?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@TimesTabloid1</a>
 — TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 15, 2023</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="b-cardano-founder-s-reaction-to-the-testnet-launch-b">Cardano Founder’s Reaction to the Testnet Launch</h2>
Charles Hoskinson <a href="https://x.com/IOHK_Charles/status/1841213081973899515" rel="noopener noreferrer nofollow">expressed</a> his pride in the Midnight team following the launch of the public testnet. He emphasized that the team has reached an important milestone in the Cardano ecosystem and acknowledged the hard work that has gone into the project.
“It’s worth giving some love their way,” Hoskinson remarked, reflecting on the team’s accomplishments and the importance of recognizing their progress in bringing the project to this stage.
While the Midnight sidechain continues to evolve, Hoskinson’s comments highlight the significance of this particular milestone, even as there are many more developments to come for <a href="https://timestabloid.com/kraken-requests-jury-trial-to-prove-cardano-ada-is-not-a-security/" rel="noopener noreferrer nofollow">Cardano</a>.
<h2 id="b-developing-with-the-midnight-testnet-b">Developing with the Midnight Testnet</h2>
The Midnight testnet offers developers the tools to create privacy-preserving applications while maintaining flexibility in data sharing. Its programmable data protection credentials allow developers to decide which data should be shared on-chain and what should remain private. This is accomplished using cryptographically secure proofs, which can be shared without revealing sensitive information.
Midnight’s native programming language, Compact, is based on Typescript and has been designed to be accessible to developers with varying levels of blockchain experience. The language simplifies the process of writing smart contracts, opening the door for new developers on space to start building applications on Midnight.
To support developers in utilizing Midnight, the team has created multiple opportunities for community involvement and feedback. A ticketing system on Discord, regular community calls, and upcoming hackathons are some of the ways the Midnight team encourages developers to engage with the network and provide input on its development. These initiatives are expected to help expand the pool of developers familiar with Midnight’s privacy-focused features.
To begin development on Midnight, programmers need access to a suitable environment, including macOS, Linux, or Windows WSL. They must also ensure they have sufficient resources to run required components such as a full node, a proof server, and a publish-subscriber indexer.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on <a href="https://twitter.com/TimesTabloid1" rel="noopener noreferrer nofollow">Twitter</a>, <a href="https://www.facebook.com/timestabloid/" rel="noopener noreferrer nofollow">Facebook</a>, <a href="https://t.me/markettabloid" rel="noopener noreferrer nofollow">Telegram</a>, and <a href="https://news.google.com/publications/CAAqLAgKIiZDQklTRmdnTWFoSUtFSFJwYldWemRHRmliRzlwWkM1amIyMG9BQVAB?hl=en-US&amp;gl=US&amp;ceid=US%3Aen" rel="noopener noreferrer nofollow">Google News</a>
The post <a href="https://timestabloid.com/charles-hoskinson-lauds-major-cardano-ada-milestone/" rel="noopener noreferrer nofollow">Charles Hoskinson Lauds Major Cardano (ADA) Milestone</a> appeared first on <a href="https://timestabloid.com" rel="noopener noreferrer nofollow">Times Tabloid</a>.

Charles Hoskinson Lauds Major Cardano (ADA) Milestone

Table of Contents

Times Tabloid

Other articles published on Oct 3, 2024

FLR leads top altcoins in 24-hour gains despite market wide selloff

Degen Trump Solana Memecoin to Surge 19,000% Ahead of Exchange Listing, While Shiba Inu and DOGE Lag

BitGo Announces USDS Stablecoin Amid WBTC Controversy

Crypto Prices on Oct 3: BTC, ETH, SOL, & XRP Fall As Middle East Tensions Rise

Ripple Appeal Timeline: SEC Has 14 Days to Submit Appeal Issues, Says Lawyer

Banks to join SWIFT digital asset trials in 2025

Join our free newsletter for daily crypto updates!