Cardano founder Charles Hoskinson clarified that the newly introduced NIGHT token is designed to complement, not replace, ADA. NIGHT serves as a privacy layer for Cardano's decentralized applications (dApps), enhancing the ecosystem's utility. ADA holders benefited from the token's launch, receiving 50% of the airdrop, while the rest was distributed across seven other blockchain networks.
Hoskinson also highlighted Cardano's potential to become a cross-chain liquidity hub for Bitcoin DeFi, emphasizing the network's expanding role in the broader cryptocurrency landscape.
Cardano's Hoskinson: NIGHT Token Enhances ADA, Not a Replacement
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