Cardano founder: Midnight will be the Manhattan Project of privacy tech

Charles Hoskinson, founder of Cardano (ADA), said the privacy-focused blockchain and spin-off project Midnight will be the Manhattan Project for its sector. He stated that he is writing 80 to 100 pages of technical documents for Midnight each day and plans to hold an internal workshop in January. Hoskinson emphasized that Midnight aims to be the Manhattan Project for privacy-enhancing technologies (PET), chain abstraction, and smart compliance. PET are technologies that enable verification and computation without exposing personal information or transaction details.