🚨 HOSKINSON: THE NIGHT TOKEN WILL NOT REPLACE ADA
Charles Hoskinson has pushed back strongly against claims that Cardano’s upcoming NIGHT token could replace ADA, calling the idea of selling ADA to buy NIGHT fundamentally misguided.
$ETH According to Hoskinson, NIGHT is designed to power Midnight, Cardano’s privacy-focused sidechain and security network. Its role is highly specialized: enabling confidential smart contracts, privacy-preserving transactions, and advanced compliance-friendly use cases. It is not intended to compete with or substitute ADA in any way.
$ADA Hoskinson emphasized that ADA remains the core asset of the Cardano ecosystem, underpinning staking, governance, and the economic security of the main network. Midnight and the NIGHT token are meant to extend Cardano’s capabilities, not fragment its value or shift its foundation.
$SUI In his view, framing NIGHT as an “ADA replacement” misunderstands Cardano’s multi-layer architecture. Instead, the ecosystem is evolving toward complementary tokens with distinct purposes, where ADA acts as the anchor asset while NIGHT unlocks new privacy and enterprise use cases.
The message is clear: NIGHT strengthens ADA’s long-term vision rather than undermining it, and selling ADA under the assumption that it will be replaced goes against the design philosophy of Cardano itself.
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