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TapTools Founder Says Midnight Is an Extension of Cardano, Not a Rival
Alex Yue, the co-founder of Cardano-based analytics platform TapTools, emphasizes that the Midnight blockchain is an extension of Cardano, not a competitor
The clarification comes amid growing speculation within parts of the Cardano community, where some users have portrayed Midnight as a direct competitor to the Cardano network. Supporters of this view argue that Midnight could draw users and liquidity away from the Cardano network
Additionally, others claim that Midnight’s development signals that Input Output Global (IOG), Cardano’s research and development arm, may be shifting its focus from Cardano toward the privacy-oriented blockchain
Moreover, Yue explained that Midnight expands Cardano’s capabilities by enabling private smart contracts and confidential data processing without compromising the network’s decentralization
An accompanying chart illustrated how Midnight’s infrastructure syncs Cardano block data via dedicated nodes and databases to generate privacy-enhanced blocks, allowing selective disclosure of sensitive information
Meanwhile, Jason Appleton, host of the Crypto Crow show, echoed the same sentiment, emphasizing that Midnight is not here to replace Cardano but to complement it
He predicts that when Midnight takes the lead in privacy, it will do so within Cardano’s ecosystem. According to Appleton, those spreading misconceptions about competition are overlooking this key point
Cardano founder Charles Hoskinson has also refuted claims of competition between Midnight and Cardano. He recently referred to Midnight as the second kid, suggesting that Cardano remains the first
The privacy-focused blockchain is preparing for its mainnet launch, expected later this year. Additional details about the privacy sidechain will be unveiled at the upcoming Midnight Summit Hackathon, scheduled to occur from November 17 to 19.