Cardano (ADA) founder Charles Hoskinson announced on December 25 that he is producing 80-100 pages of technical documentation daily for the Midnight privacy project.
The intense work pace aims to prepare for internal workshops scheduled for January 2026.
Hoskinson described Midnight as "the Manhattan Project of PET, Chain Abstraction, and Smart Compliance" in his social media post.
He added that "2026's body is not ready" for what the project will deliver.
What Happened
The Cardano founder is currently deep in technical documentation ahead of critical January workshops.
Hoskinson stated he is working with "coffee, remixed Eurodance, and some serious effort" to complete the materials.
He is also developing a non-technical guide titled "The Land of PET" for Midnight Ambassadors and the broader community.
NIGHT, Midnight's native token, traded at $0.07676 with a market cap of $1.27 billion as of December 26.
The token posted a 19.57% gain over the past week following a period of consolidation.
The project's federated mainnet is targeted for Q1 2026, with full network launch expected by Q3.
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Why It Matters
Midnight represents a strategic shift in how blockchain projects approach privacy technology.
Rather than positioning privacy as a rebellious feature, Hoskinson is framing it around smart compliance and regulatory compatibility.
This approach could attract institutional developers who have avoided privacy-focused chains due to compliance concerns.
The January workshops mark a transition from conceptual planning to structured technical execution.
Hoskinson has repeatedly clarified that Midnight is designed to extend Cardano's capabilities, not replace ADA.
The project aims to provide privacy-enhancing technology across multiple blockchain ecosystems including Ethereum (ETH), Solana (SOL), and Bitcoin (BTC).
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