Cardano founder Charles Hoskinson has shared new insights into the development and rollout of the ecosystem’s privacy-focused project, Midnight.
Following the launch of Midnight’s native token, NIGHT, on Cardano, Hoskinson featured on the Gokhshtein News Network to outline the project’s technical roadmap, phased deployment strategy, and the ecosystem growth expected to follow.
Midnight Capability
Highlighting Midnight’s capabilities, Hoskinson stressed that the network will run on a next-generation consensus protocol called Jolteon, engineered for high throughput and speed. He noted that Jolteon will allow Midnight to process 5,000 transactions per second (TPS) with sub-second block times.
Hoskinson described Jolteon as “pretty good stuff,” underscoring its role in ensuring Midnight can scale efficiently without sacrificing security or performance.
In addition, he disclosed that Midnight will transition toward mainnet readiness through a structured integration phase. According to him, the rollout will include nine months of intensive logging, testing, and refinement to ensure the network is stable, secure, and fully interoperable with the broader Cardano ecosystem.
Cardano Community to Get New Goodies Every Quarter
Hoskinson added that the launch plan for Midnight is intentionally structured to create steady, predictable growth, with new features or “goodies” arriving every 1 to 3 months. Each milestone is to attract new partners to the ecosystem, further strengthen Midnight’s value proposition, and accelerate adoption.
He emphasized that the launch will begin with providing liquidity for NIGHT. This marks the beginning of the Hilo phase, which is already underway. At this stage, the Midnight Foundation aims to secure listings for NIGHT on multiple crypto exchanges and distribute 4.5 billion tokens to airdrop participants.
Several major exchanges, including OKX, MEXC, Gate.io, HTX, and Bybit, have confirmed they will list NIGHT on December 9 at 10:00 (UTC). The foundation will begin distributing tokens to eligible recipients the following day. Users will receive only 25% of their eligible claims, with the remaining 75% distributed in three additional phases.
🚀 Midnight ($NIGHT) Will Be Listed On Major Exchanges 🌙#NIGHT is officially listing on #OKX #HTX #Bybit #MEXC & #Gate
All at the same launch time⚡️
💠 Trading Pair: $NIGHT / $USDT
⏰ Trading Starts: December 9th, 2025 — 10:00 AM (UTC)@MidnightNtwrk $NIGHT is expanding… pic.twitter.com/aTVibG9dkK— TokenAnalytics (@TokenAnalytics_) December 8, 2025
Transitioning from Hilo, Hoskinson noted that the next priority will be decentralized applications (dApps), aligning with the Kūkolu phase scheduled for Q1 2026. According to the roadmap, Kūkolu will enable developers to deploy privacy-focused dApps on a stable mainnet, marking a crucial step in Midnight’s long-term ecosystem expansion.
Additionally, Hoskinson stated that the next priority is to roll out Midnight’s infrastructure, followed by the complete package. These developments will unfold during the Mōhalu and Hua phases, scheduled for Q2 to Q3 2026, introducing an incentivized testnet and support for hybrid dApps.
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