Charles Hoskinson revealed the details of Airrope Midnight Project

The Midnight Confidential Sidchin tokens in Cardano ecosystem will be divided between 37 million wallets in eight blockchains. This was stated by Cardano Charles founder Hoskinson, COINDESK reports.

Users will receive governance night and Dust utility.

The Midnight model involves cross-in-class crosses: developers will be able to pay rewards in their token, and validators-to receive income regardless of the chain in which they work.

According to Hoskinson, Airrope called Glacier Drop will promote the cooperation between communities and resist crypto -plasticism.

“[Розробники різних мереж] They say, “My project is better than yours.” Nash’s equilibrium is cooperation, not competition, ”he explained.

Participation in the Airrope is provided only for retail users. Venture funds and early investors remain outside the initiative – Hoskinson “sent them under three devils,” noting that he “has no time for financial pyramids.”

Users will be able to store, exchange or sell Night and Dust tokens, he emphasized.

Glacier Drop embodies the vision of Hoskinson’s cooperative economy. The new Midnight model will allow you to create hybrid DApps, in which commissions are paid in native coins of the user network.

For example, developers on Ethereum will be paid on ETH, SOLANA – SOL, and on bitco – BTC.

Validators from different blockchains will be able to support the network together, receiving a reward regardless of “registration”.

The Midnight test network has already been launched, Mainenenet is expected by the end of 2025.

Hoskinson believes that Glacier Drop, a cooperative economy and privacy, focused on rationality, are key components to attract billions of users against the backdrop of technical giants in Web3.

Recall that in May, the founder of Cardano hinted at the possible launch of steiblcoin with privacy comparable to cash.

Charles Hoskinson predicted the death of Ethereum in 10-15 years

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