Cardano’s Founder Hails Midnight-Affiliated Explorer as the Future of Cooperative Economics

Charles Hoskinson just dropped a bombshell—calling this new blockchain explorer the 'bedrock' of decentralized collaboration. Move over, Wall Street middlemen.

Why it matters: When the Cardano founder speaks, crypto listens. His endorsement signals a seismic shift toward transparent, community-driven economics—no suits required.

The Midnight connection: This isn’t just another explorer. Tight integration with Cardano’s privacy-focused sidechain could rewrite the rules of data ownership. Finally, a use case beyond NFT monkey jpegs.

Bottom line: Banks will mock it until they’re forced to adopt it. The real cooperative economy? It runs on code, not handshake deals in mahogany rooms.

Prototype of the Paima Explorer Recall that it was on this basis that Midnight forged a collaboration with Paima Studio. The Web3 gaming studio partnered with Midnight to bring ethereum Virtual Machine (EVM) compatibility to the Cardano sidechain.  For context, this feature will enable Ethereum developers to deploy dapps on Midnight with just a few lines of code. Furthermore, Paima Studios would also explore the application of zero-knowledge technology (ZK) in Web3 gaming. Hoskinson Applauds New Explorer As usual, Hoskinson cheered the development, calling it a “bedrock of cooperative economics.” He argued that the multi-chain explorer is one of the most essential workstreams in the crypto industry, alongside Midnight’s dual token model and the capacity exchange. The founder’s comment echoes his new belief that crypto projects should collaborate more for the greater good of the industry, shifting from the current zero-sum game. It is with this narrative that he has linked up with Ripple executives for a potential partnership and is also pushing for Bitcoin DeFi on the Cardano blockchain. Meanwhile, Midnight is already enforcing unity among different projects with its multichain airdrop. Eligible XRP, Bitcoin, Solana, and BNB holders would receive Midnight’s native NIGHT token in the Glacier drop, expected to happen in July