Cardano Founder Confirms Launch Date for Midnight’s $NIGHT Token

Charles Hoskinson announced the distribution and trading timeline for $NIGHT, the native token of Cardano’s privacy-oriented Midnight sidechain.

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Terms & Concepts
  • Sidechain: A separate blockchain that is connected to a parent chain, enabling asset transfers and specialized features.
  • Privacy-focused blockchain: A blockchain designed to protect transaction and user data through encryption and privacy protocols.
  • Native token: The primary cryptocurrency of a blockchain or project, used for transactions and governance within its ecosystem.