Cardano founder Charles Hoskinson is blowing hot on the recent community criticism of Midnight following the “one-way bridge” misunderstanding.
The Cardano ($ADA) founder addressed several issues concerning this matter on X, maintaining his stance that Midnight is not the doom of Cardano. Hoskinson called out a prominent community member, Dave, and demanded an apology after he propagated a wrong “one-way bridge” narrative.
Key Points
- Charles Hoskinson maintains his stance that Midnight is not the doom of Cardano.
- This conversation stemmed from the ongoing exchange, where a Cardano SPO noted that Midnight was wrecking the $ADA ecosystem.
- Hoskinson believes that Midnight, the largest project on Cardano, which will allegedly add billions of dollars to the network, should be treated with more respect.
- Hoskinson claimed that Midnight is not an attack on Cardano but rather has brought traction to the network.
- The founder also clarified that launching Midnight as a partner chain for Cardano has always been the plan since the inception.
Accountability Works in Both Directions: Cardano Founder
In a Sunday tweet, Hoskinson addressed a self-proclaimed Midnight ($NIGHT) whale who threatened to sell his holdings and never return if the Cardano founder bullies key community members out of the ecosystem. The user noted that he plans to buy millions of $ADA again, but would pause this intention for the aforementioned reason.
In response, Hoskinson clarified that he was not bullying anyone, noting that he just demanded accountability, as community members have often asked from him. He added that Cardano “needs to grow up or die.”
Notably, this conversation emanated from the ongoing exchange between Dave and Hoskinson. For the uninitiated, the former is a stake pool operator (SPO) and a Cardano DRep. This war of words began when Dave claimed that Midnight was negatively impacting Cardano.
In the viral tweet, he noted he was “starting to really hate Midnight” and would investigate the Cardano sidechain more. The SPO claimed that Midnight was wrecking the $ADA ecosystem, highlighting what he called the one-way bridge feature.
Notably, this temporary feature implied that users could bridge tokens from Cardano to Midnight, but not from Midnight to Cardano.
Midnight Unfairly Treated: Hoskinson
In response, Hoskinson insisted it was the wrong narrative. According to him, Midnight, the largest project on Cardano, which will allegedly add billions of dollars to the network, should be treated with more respect.
The founder requested an apology from Dave, adding that such narratives will destroy Cardano if allowed to thrive.
In an earlier podcast on April 3, Hoskinson had addressed this issue. He insisted that Midnight is neither an attack on Cardano nor destructive to the ecosystem. One reason for this claim is that, contrary to the prevailing sentiment, Midnight has brought renewed traction to Cardano.
“Midnight is the first time in a long time that venture capitalists have looked at Cardano with a second set of eyes,” Hoskinson said.
He also added that $NIGHT has financially benefited all Cardano enthusiasts, providing multiple streams of income for SPOs. Notably, the Midnight network also airdropped 12 billion $NIGHT tokens to $ADA holders.
The Cardano-Midnight Sidechain Has Always Been Clear
Hoskinson also clarified that launching Midnight as a partner chain for Cardano has always been the plan since inception. He highlighted that he mentioned this concept in the Cardano CL design back in 2016.
Further, the first presentation for Midnight was at the Miami conference in 2019, and this plan has been in motion since. This clarified the argument that the community expected a layer 2 chain rather than a sidechain.
Additionally, Hoskinson clarified in a Monday tweet that Midnight had always disclosed that it would initially enable a one-way transfer of $NIGHT tokens from Cardano to Midnight. The project’s whitepaper highlighted that a two-way bridge enabling cross-bridging between Cardano and Midnight will be introduced after the mainnet launch.
