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    Home»Altcoins»Cardano Founder Confirms Midnight Airdrop Might Attain 37 Million — Together with XRP Holders – BlockNews
    Cardano Founder Confirms Midnight Airdrop Might Attain 37 Million — Together with XRP Holders – BlockNews
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    Cardano Founder Confirms Midnight Airdrop Might Attain 37 Million — Together with XRP Holders – BlockNews

    By Crypto EditorApril 10, 2025No Comments4 Mins Read
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    • Cardano’s Midnight airdrop is concentrating on 37 million customers throughout main blockchains—together with XRP, ETH, BTC, SOL, and extra—permitting customers to work together with out changing property, due to a characteristic referred to as chain abstraction.
    • Hoskinson says crypto’s coming into its fourth era, with privateness being the primary focus. Midnight goals to guide that shift with two new tokens: NIGHT (for governance) and DUST (for personal transactions).
    • Growth on Midnight is accelerating, with testnet upgrades, new dev instruments, and a partnership with OpenZeppelin to construct a privacy-focused DeFi framework. The “Glacier Drop” airdrop is anticipated to kick off mass adoption.

    Charles Hoskinson, the ever-outspoken founding father of Cardano, simply dropped one other replace on the upcoming Midnight airdrop—and yeah, it’s large. In response to him, the distribution may doubtlessly attain round 37 million customers throughout a bunch of various blockchains. And sure, XRP holders are a part of that blend.

    This got here straight from his keynote speech at Paris Blockchain Week 2025, the place he didn’t simply discuss airdrops—he went deep on the place crypto’s heading subsequent.

    Hoskinson Says the Fourth Technology of Crypto Is All About Privateness

    Talking on Day 2 of the occasion, Hoskinson outlined his tackle how blockchain tech has advanced. He principally broke the trade into 4 “generations.”

    First-gen? That was all about decentralization—Bitcoin set the tone there. Then got here sensible contracts within the second wave, with Ethereum grabbing the highlight. The third part, in keeping with him, centered extra on making blockchains discuss to one another and scale higher—interoperability and scalability had been the massive buzzwords.

    However now? We’re coming into the fourth era, and it’s all about privateness. Not as some elective characteristic, Hoskinson emphasised, however one thing important if we would like decentralized tech to really develop in the actual world.

    Midnight testnet is getting an improve. 🛠️
    Extra environment friendly nodes, easier setup, a quicker proving system, and extra.

    For those who’re a block producer or developer, you’ll have to know what’s new.

    ➡️ Particulars + subsequent steps:https://t.co/c86sfRerg4

    — Midnight (@MidnightNtwrk) April 8, 2025

    Midnight Airdrop: Extra Than Simply Cardano

    That is the place Midnight is available in—a privacy-focused sidechain being constructed beneath the Cardano ecosystem. It’s designed for safe and compliant information sharing utilizing next-level cryptographic instruments.

    And the airdrop? Hoskinson confirmed it’s not only for ADA holders. Of us holding BTC, ETH, XRP, SOL, BNB, AVAX, and even MATIC are all on the checklist. The thought is to let customers from all these networks work together with Midnight without having to swap or bridge their property. So in the event you’re holding XRP, for instance, you’ll be capable of apply it to Midnight instantly. This complete idea is named chain abstraction, and it’s a reasonably large deal.

    That “bromance” between the XRP and Cardano communities? It’s actual. Ripple even included Cardano’s brand in considered one of its latest tokenization movies—not precisely delicate.

    What’s within the Airdrop?

    The upcoming drop—dubbed the “Glacier Drop”—will hand out two completely different tokens. There’s NIGHT, the primary governance token, and DUST, a non-transferable token used for personal, shielded transactions throughout the Midnight community.

    NIGHT comes with a set provide and can be used to vote on proposals and handle the community. In the meantime, DUST will deal with the precise privateness half—consider it just like the engine working behind the scenes to maintain your information secure.

    Midnight Is Selecting Up Velocity

    The Midnight dev crew hasn’t been standing nonetheless both. They’ve been rolling out updates on the testnet to make issues smoother for devs and to prep the community for real-world motion. There’s been discuss of a significant improve dropping quickly, together with new instruments like a compatibility matrix and overview pages to assist builders navigate the ecosystem.

    Additionally, the crew has teamed up with OpenZeppelin to assist craft a safe DeFi framework that matches into this privacy-first setup. So yeah—issues are transferring.





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