Hoskinson Sees Midnight Outshining Zcash

Cardano founder Charles Hoskinson has predicted that Midnight, a privacy-focused blockchain project, may surpass Zcash in size. According to Hoskinson, Midnight's cutting-edge technology, including its AI capabilities and cross-chain functionality, make it a strong contender. The project is also integrated with Cardano infrastructure. Midnight's mainnet launched in March as a specialized Layer-1 partner chain operating alongside Cardano.

Hoskinson noted that Midnight's NIGHT token currently has a market capitalization of around $437 million, compared to Zcash's roughly $26.4 billion. However, he did not provide further clarification on what he meant by 'bigger' in this context.