Cardano’s NIGHT Will Be Bigger Than Zcash: Charles Hoskinson

NIGHT sits about 78% below its record high, while ZEC is roughly 51% below its own, so the smaller token has much more ground to recover. Charles Hoskinson has argued that Cardano’s Midnight network will eventually eclipse Zcash, citing developments including private agents, selective disclosure, and a DeFi kernel designed to work across major chains. His claim comes as Zcash trades far above its level from a year ago, while Midnight’s NIGHT token remains nearly 78% below its all-time high. Midnight’s Privacy and DeFi Design In a September 28 post on X, Hoskinson quoted ratings provider Weiss Crypto, which had earlier suggested that NIGHT has a good chance of becoming “one of the best plays of the next 24 months.” He contended that Midnight will be “bigger than Zcash,” then laid out what the privacy-focused blockchain developed by Input Output, the same team behind Cardano, has got going for it. “Selective disclosure, Private Agents, abstraction with a DeFi Kernel for all major chains,” wrote the developer. He also mentioned three privacy techniques the network was working on, including zero-knowledge proofs, trusted execution environments, and multi-party computations, and linked ...