<ul><li>Charles Hoskinson, founder of Cardano, identified privacy, economic fragmentation, and 'Ponzonomics' as existential threats in the crypto industry.</li><li>Midnight network, a multi-chain, privacy-centric infrastructure, aims to address these challenges by fostering cross-chain cooperation and providing privacy layer over public ledgers.</li><li>Midnight is designed to integrate with existing ecosystems like Ethereum and Solana, allowing developers to use its infrastructure without migration of assets.</li><li>Hoskinson emphasized the importance of community governance and sustainable infrastructure, positioning Midnight as a solution to foster collaboration and address crypto industry demons.</li></ul>

Cardano Founder Targets Crypto’s ‘Three Demons’ With Midnight Network

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