In a recent update, Charles Hoskinson, the founder of Cardano, revealed his intensive writing schedule for the Midnight project, signaling a pivotal moment in its development, as enthusiastically stated in the publication.
Hoskinson's Daily Documentation Efforts
Hoskinson disclosed via Twitter that he is producing between 80 and 100 pages of technical documentation each day. This rigorous effort is aimed at preparing for internal workshops set to take place in January, highlighting the project's escalating momentum.
Midnight's Strategic Importance
He underscored that Midnight is not merely a side project but is strategically positioned to become a significant force in the realms of privacy-enhancing technology and regulatory compliance. The community has responded positively, with many members expressing their enthusiasm and optimism regarding the project's potential impact.
In a recent development, SEC Chairman Gary Gensler announced that the Crypto Clarity Act and Market Structure Bill are on their way to Congress, potentially reshaping the regulatory landscape for cryptocurrencies. This follows the significant progress made by Cardano's Midnight project, which emphasizes the growing importance of clear regulations in the industry. For more details, see more.
