Hoskinson: Cardano's Long-Term Value Depends on Attractive Applications

Cardano's long-term value hinges on applications that attract users and generate economic activity, according to its founder Charles Hoskinson.

Hoskinson argued that infrastructure alone cannot solve cultural or coordination problems among ecosystem participants, emphasizing the need for simplicity, universality, and affordable operations in projects like Midnight, a privacy-focused blockchain designed for selective disclosure.

The Cardano founder defended Midnight while warning against excessive criticism, which could discourage developers from building within the ecosystem.