Tensions in Cardano’s leadership surfaced as Charles Hoskinson addressed Frederik Gregaard’s remarks on Cardano’s Layer-2 innovations and his boycott of the Midnight Network.
Hoskinson Criticism on Midnight Boycott
The internal problem within the Cardano ecosystem at the executive level might be playing out again. On X, founder Charles Hoskinson replied directly to a post from Frederik Gregaard, President of the Cardano Foundation, about the Layer-2 improvements built on the protocol. The shoutout comes after Gregaard stopped watching the Midnight Network.
Why did Midnight Network stop?
If you ask Gregaard, the Layer-2 ecosystems on Cardano give people security, scalability, and privacy protection. The President of the Cardano Foundation brought up four important innovations to keep an eye on.
The first is State-channels, also known as the Hydra Head. It offers scalability and output without safety being compromised. He also talked about Inter-Blockchain Communication (IBC), a way for Cardano to connect with more than 115 other blockchains in the same field.
Gregaard also talked about Optimistic Rollup, Midgard, which uses Cardano’s UTXO model to make confirmation easier.
Lastly, he talked about the Sky Protocol, which makes data more accessible for blockchain-based independent apps. He forgot to mention two important innovations that have to do with Input Output Global (IOG), which is another company that helped create Cardano.
Some of these are the Midnight Network and Partnerchain, which have been at the center of IOG’s development work for the past year. The founder of Cardano made fun of the idea that Midnight is so secret that no one even knows about it when it’s needed.
Cardano Needs EVERYONE to know about it
The protocol enables a number of new ideas, and Project Catalyst helps new builders. In particular, Cardano wants to push even more new ideas through IOG this year. The most important thing on this list is adding the RLUSD stablecoin to make the economy as a whole more liquid.
Besides this, Charles Hoskinson has also set a clear goal to chase Bitcoin DeFi. With this project, the Cardano community will be able to use Bitcoin’s deep liquidity, which will give smart contracts better features.
People in the community have pointed out the difference between Hoskinson and Gregaard, calling it one of the few problems in the Cardano environment.