Charles Hoskinson Assigns Midnight Team to Create the Largest Private Smart Contract Platform in the World for Cardano

Midnight Development Goals: Cardano founder Charles Hoskinson has challenged the Midnight team to create the largest private smart contract platform by 2026, emphasizing the need for aggressive development to outpace competitors like Secret Network and Oasis Network.

Growth in Smart Contracts: The Midnight network has seen a significant increase in smart contract activity, with deployments rising by 44.6% and new weekly contract creations up by 45.4%, indicating strong developer engagement and confidence in the platform.

Collaboration with Brave Wallet: Hoskinson believes that the partnership with Brave Wallet, which has 84 million users, could enhance online privacy and expand Midnight's functionality as a privacy layer on the internet.

Challenges and User Confidence: Despite progress, the Midnight team has faced challenges, such as user-reported errors during Bitcoin claims, but they have acted quickly to resolve these issues and maintain user trust in the platform's reliability.