Cardano founder Charles Hoskinson says Midnight won't chase Monero, ZCash users

Midnight will target "billions who don't know they need privacy" rather than privacy maxis as mainnet launch nears in March, he said.

What to know:

Charles Hoskinson said Midnight won't actively recruit Monero and ZCash users, calling them a "different demographic" that already cares deeply about privacy.

Midnight will rather target "billions of people that don't know they need privacy" with default privacy protection instead of optional features.

Hoskinson argued privacy isn't a binary "light switch" like privacy coins suggest, criticizing the on/off approach of Monero and ZCash.