Charles Hoskinson addresses speculation about his potential departure from Cardano for the new privacy-focused sidechain, Midnight, reiterating his commitment to Cardano and emphasizing the ecosystem's growth alongside new projects like Midnight.
In a recent series of discussions that garnered significant attention from the Cardano community on X (formerly Twitter), Charles Hoskinson responded to speculation regarding his potential departure from Cardano in favor of the new privacy-oriented sidechain, Midnight. During these conversations, which also addressed broader community concerns and internal dynamics, Hoskinson directly engaged with inquiries from community members.
Cardano Founder Reaffirms His Dedication
When asked directly about his dedication to Cardano and whether he intended to shift his focus to Midnight or adopt a multi-chain approach, Hoskinson firmly stated, “No, that's not the plan. The hundreds of IOG engineers and scientists working tirelessly on Cardano every day can attest to that.”
The speculation stemmed from various sources. One source suggested that Hoskinson might depart Cardano if funding through Project Catalyst, a fund for global innovation within the ADA ecosystem, wasn't secured.
User @JeffsJPEGs clarified: “Great news! Also, we know Charles won't leave even if he doesn't secure funding through catalyst. There were rumors that Charles would request funds for the next catalyst and leave if he didn't receive them. I'm glad that's been clarified.”
Secondly, controversy arose regarding The Ape Society (TAS), a prominent NFT project, with whom Hoskinson had a public disagreement. A user commented on the incident, stating, “Regardless of one's feelings towards TAS, they represent a portion of the Cardano NFT space to external observers. This kind of internal discord... only adds unnecessary tension that no one wants or needs.”
Hoskinson, in an attempt to seek clarity amid the confusion, publicly demanded clear answers, asserting, “I need a clear yes or no answer. Is TAS leaving Cardano for another chain? Is TAS planning to operate across multiple chains? This isn't a question to be answered in private messages. It's something that should be publicly acknowledged and understood.”
Congo, one of TAS's three founders, addressed Hoskinson's concerns, clarifying the group's stance and commitment to the ADA ecosystem: “Hi Charles, our intention was to adapt and listen to the community, which is exactly what we've done, and they appreciated it. Individuals randomly telling us to abandon Cardano don't speak for us. We're here to stay.”
Furthermore, Hoskinson's involvement with Midnight, though subject to speculation, was explained as an extension of IOG's vision for a diverse and secure blockchain ecosystem. Midnight aims to empower developers to create dApps prioritizing data protection, thereby introducing a new layer of privacy and security in the digital realm.
This initiative is not viewed as a departure from Cardano but rather as a complementary venture that bolsters the broader blockchain environment IOG is committed to nurturing. Through these discussions, Charles Hoskinson has reiterated his leadership and vision for ADA, highlighting a future where Cardano continues to evolve alongside projects like Midnight, all within the framework of IOG's expanding blockchain ecosystem.
At the time of publication, ADA was trading at $0.735.
