Hoskinson Says Midnight Concept Nears Completion, Calls It Career’s Magnum Opus

IOG co-founder and CEO Charles Hoskinson said he is close to completing the conceptual design of an unrevealed idea involving Midnight, Cardano’s privacy-focused partner blockchain.

Midnight is designed to help decentralized applications protect sensitive data while meeting regulatory requirements. Hoskinson called the concept the “magnum opus” of his career.

Cardano’s separate Leios upgrade remains in public testing, with a mainnet target before the end of 2026 that depends on test results and technical decisions. Earlier coverage of Leios testing and its mainnet target provides context on the network’s upgrade work.