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Cardano founder develops 'Midnight' to solve crypto issues, eyes completion after Leios upgrade.

Protocol Fundamentals
19 Oct 2026
Zycrypto
View Source
Neutral
Cardano founder develops 'Midnight' to solve crypto issues, eyes completion after Leios upgrade.

Charles Hoskinson, founder of Cardano, is working on 'Midnight,' a project he calls the magnum opus of his career, aimed at solving major problems in the cryptocurrency space. He indicated that after the upcoming Leios upgrade, which enhances Cardano's transaction capacity, the network's core architecture will be complete with key features like decentralized consensus and smart contracts. Despite technical progress, Cardano's decentralized finance ecosystem shows modest economic activity, highlighting ongoing challenges in adoption. Hoskinson also introduced 'Nightframes,' a concept for AI computing environments, signaling continued innovation beyond core blockchain upgrades.

Cardano trades at Rp3.917 on Pluang as of Oct 19, 2026 23:21 WIB, showing a 1.48% increase in the last day. Its market cap stands at Rp144,75 trillion with a 24-hour trading volume of Rp4,87 trillion. Despite ongoing development like the Leios upgrade, Cardano's trading activity remains balanced with 52% sell and 48% buy orders, and typical holders keep ADA for about 127 days.

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Cardano founder is developing a new blockchain programming language using zero-knowledge proofs.

Cardano founder is developing a new blockchain programming language using zero-knowledge proofs.

Charles Hoskinson, founder of Cardano, announced he is personally developing a new programming language for the Cardano blockchain that uses Groth16 zero-knowledge proofs and proof-carrying data (PCD). He is collaborating with Lucas Rosa, co-creator ...

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