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Cardano Founder Advises ADA Holders Against Selling for Midnight Token

Charles Hoskinson addresses community concerns, stating ADA holders are not required to sell their holdings to acquire Midnight (NIGHT).

ADA

Summary

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Terms & Concepts
  • ADA: The native cryptocurrency of the Cardano blockchain platform, used for transactions and staking.
  • Midnight (NIGHT): A privacy-focused sidechain and token project within the Cardano ecosystem.
  • Staking: Locking crypto assets in a blockchain network to earn rewards and support network security.