Hoskinson is at it again: calls smart contracts “pretty dumb,” then turns around and pitches their successor, Night Frame—a triple whammy of ZK + MPC + trusted execution, all in on Midnight 🍿
A familiar move: put down the whole industry, then hype up his own new narrative. The tech direction does have some potential, but ADA ecosystem TVL has been near the bottom for ages, and it hasn’t even fully capitalized on the gains from “dumb contracts.” The new framework will have to prove itself through delivery. The story’s worth hearing, but don’t get carried away with your position.
$ADA #Midnight #TOKEN2049
A familiar move: put down the whole industry, then hype up his own new narrative. The tech direction does have some potential, but ADA ecosystem TVL has been near the bottom for ages, and it hasn’t even fully capitalized on the gains from “dumb contracts.” The new framework will have to prove itself through delivery. The story’s worth hearing, but don’t get carried away with your position.
$ADA #Midnight #TOKEN2049