HomeCrypto NewsMarketCardano Founder Confirms Direct Work With Ripple CTO During Midnight Development

Cardano Founder Confirms Direct Work With Ripple CTO During Midnight Development

Date:

Written By:

Follow TheCryptoBasic

Cardano founder Charles Hoskinson has shed new light on the extensive cross-chain collaboration behind Midnight’s Glacier Drop, highlighting his direct engagement with Ripple’s CTO.

NIGHT, the native token of Cardano’s privacy sidechain Midnight, has emerged as one of the most talked-about tokens this month. Since it began trading on December 9, it has reached a valuation of about $1.59 billion, with each token priced around $0.096. 

Cross-Collaboration Made Glacier Drop a Success 

Following its launch, Hoskinson has continued to discuss the project publicly. In a recent commentary, he detailed the broad cross-chain coordination that made the Glacier Drop, the first phase of NIGHT’s airdrop, possible. 

- Advertisement -

Launched in August 2025, the Glacier Drop spanned eight ecosystems across seven blockchains, including the XRP Ledger (XRPL), Cardano, Solana, Bitcoin, and Ethereum. Although roughly 33 million users qualified for the airdrop, Hoskinson revealed that only about 1.5 million participants ultimately claimed their NIGHT allocation. 

He emphasized that the distribution deliberately avoided standard crypto launch mechanisms such as insider allocations or initial coin offerings (ICOs). Instead, every eligible participant had an equal right of refusal, reinforcing the goal of fairness and decentralization. 

According to him, the Midnight Foundation took roughly 18 months to design the Glacier Drop. The extended timeline stemmed from the technical complexity of working across multiple blockchain architectures, each with its own rules, tooling, and limitations.

To execute the airdrop correctly, Hoskinson said he and his team had to understand how each supporting chain functioned. In some cases, this meant tackling challenges that had never been addressed before. 

Working Directly with Ripple CTO 

Notably, Hoskinson cited the XRP Ledger (XRPL) as one of the most challenging ecosystems his team had to study for the Glacier Drop. He explained that XRPL had never supported a distribution of this scale, which forced the development team to seek direct technical guidance.

As a result, they reached out to Ripple CTO David Schwartz, the original architect of the XRP Ledger. Hoskinson recounted sitting down with Schwartz to gain a deeper understanding of how XRPL functions and how to implement an airdrop of that magnitude. 

During these discussions, both teams brainstormed practical solutions that ultimately made the NIGHT airdrop possible on the XRP Ledger. 

A Shift in Mindset

Beyond the technical breakthrough, Hoskinson said the collaboration reshaped his team’s mindset. He noted that many crypto developers fall into maximalism, focusing exclusively on their own networks while dismissing others.

However, building Midnight required Cardano engineers to run nodes and develop across multiple ecosystems, including XRPL, Solana, and Ethereum. By working with different blockchains, Hoskinson emphasized that it becomes difficult to remain a maximalist, as each network reveals unique strengths. 

As reported earlier, Hoskinson reaffirmed that the Glacier Drop framework extends beyond Midnight and serves as a model for launching future projects. Nevertheless, he acknowledged that further refinement is needed, adding that the team expects to fine-tune the protocol over the next six months. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

More from Author

Latest Stories

Cardano Price Forecast for Jan 13: Resistance Exists at $0.436 But Analyst Says $0.48 Next

Cardano is facing resistance, but an analyst believes the reclaimed support could lead to further upward momentum. Notably, Cardano (ADA) is currently trading for $0.392,...

Shiba Inu Forecast for Jan 12: Will SHIB Fall Lower to Find a Floor?

Shiba Inu faces a pullback as it tests key support levels, with mixed market sentiment and futures flows indicating uncertainty. Shiba Inu (SHIB) has encountered...

Bitcoin Forecast for Jan 12: Here Are Key Resistance and Support Levels to Watch

Bitcoin shows resilience amid market tensions, with key resistance and support levels defining its next potential move for January 12. Specifically, Bitcoin (BTC) rose 1.3%...

Robinhood Markets Now Put a 14% Chance Bitcoin Claims $150K Before June 2026

The prediction markets at Robinhood now present a 14% chance of Bitcoin reaching the $150,000 milestone before June 2026. While Bitcoin (BTC) saw five consecutive...

Ethereum Price Prediction for Jan 9: Can ETH Break the $3,297 Fib Resistance Level?

Ethereum needs to break the $3,297 Fibonacci resistance level, with mixed short-term performance and institutional interest fueling market optimism. As of January 9, Ethereum (ETH)...

Ethereum Analysis for Jan 7: Can Ethereum Close Above $3,303 Overhead Resistance?

Ethereum is facing key resistance, with strong bullish momentum, while liquidation data highlights ongoing market volatility. The first week of 2026 has seen Ethereum (ETH)...

Jake Claver Outlines Conditions That Could Lead to XRP Repricing

XRP is back at the center of a familiar debate about a “repricing” event that could come from clear regulation or from a crisis...

Biggest Enemy of an XRP Holder is Time, Not Price

A market analyst has suggested that time remains the biggest enemy to an XRP holder, not price action, expressing confidence in an eventual rally. XRP...

Shiba Inu Forecast for Jan 12: Will SHIB Fall Lower to Find a Floor?

Shiba Inu faces a pullback as it tests key support levels, with mixed market sentiment and futures flows indicating uncertainty. Shiba Inu (SHIB) has encountered...

Shiba Inu Forecast for Jan 9: Where Next After SHIB Tests Weekly Bollinger Band Resistance?

Shiba Inu tests the weekly Bollinger Band resistance, with positive short-term momentum, but faces key resistance ahead. The Shiba Inu (SHIB) price chart for January...

Dogecoin Price Analysis for Jan 12: DOGE Must Close Above This Crucial Resistance

Dogecoin shows resilience but must close above key resistance to confirm a bullish reversal. Dogecoin has shown resilience, holding steady above $0.138 despite the latest...

Dogecoin Analysis for Jan 8: Can DOGE Bulls Beat the Bears at $0.168

Dogecoin faces resistance at important levels, with an analyst noting that bullish momentum is building up. The Dogecoin (DOGE) price chart shows a noticeable decline...

Guides