Cardano founder Charles Hoskinson has shared new insights into the development and rollout of the ecosystemโs privacy-focused project, Midnight.
Following the launch of Midnightโs native token, NIGHT, on Cardano, Hoskinson featured on the Gokhshtein News Network to outline the projectโs technical roadmap, phased deployment strategy, and the ecosystem growth expected to follow.ย
Midnight Capabilityย
Highlighting Midnightโs 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 โpretty good stuff,โ 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 Quarterย
Hoskinson added that the launch plan for Midnight is intentionally structured to create steady, predictable growth, with new features or โgoodiesโ arriving every 1 to 3 months. Each milestone is to attract new partners to the ecosystem, further strengthen Midnightโs value proposition, and accelerate adoption.ย
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 NIGHTย on multiple crypto exchanges andย distributeย 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.ย
๐ Midnight ($NIGHT) Will Be Listed On Major Exchanges ๐#NIGHT is officially listing on #OKX #HTX #Bybit #MEXC & #Gate
All at the same launch timeโก๏ธ
๐ Trading Pair: $NIGHT / $USDT
โฐ Trading Starts: December 9th, 2025 โ 10:00 AM (UTC)@MidnightNtwrk $NIGHT is expandingโฆ 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 Kลซkolu phase scheduled for Q1 2026. According to the roadmap, Kลซkolu will enable developers to deploy privacy-focused dApps on a stable mainnet, marking a crucial step in Midnightโs long-term ecosystem expansion.
Additionally, Hoskinson stated that the next priority is to roll out Midnightโs infrastructure, followed by the complete package. These developments will unfold during the Mลhalu and Hua phases, scheduled for Q2 to Q3 2026, introducing an incentivized testnet and support for hybrid dApps.ย
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