- Charles Hoskinson presented the Cardano 2026 roadmap and presented the new Midnight protocol Jolteon.
- The NIGHT token has been on the market since the end of last week, and the first major crypto exchanges are already listing it.
In conversation with David Gokhshtein, Cardano founder Charles Hoskinson provided details on the technology and strategy behind the phased launch of Midnight, the network’s privacy-focused sidechain. Hoskinson explained that customers should expect updates approximately every three months.
Hoskinson explainedthat Jolteon will be Midnight’s core protocol. Jolteon is designed to allow the network to process up to 5,000 transactions per second while keeping block times under one second, making Midnight one of the fastest blockchains in development:
“And then the whole thing is pushed to the mainnet, and everything is connected. So it’s going to be an endless log for about 9 months. But when you start with liquidity, then you get dapps, then you get infrastructure, and then you get the whole end-to-end package. So I like the launch plan. Every month we get some kind of new goodie and a new wave of partners.”
Die Midnight-Roadmap
The Midnight roadmap has already been set in motion with Phase 1, in which the NIGHT token was launched on Cardano on December 4th. The first token transfers were made to core network participants and the project activated its redemption smart contracts.
As CNF reported, Midnight’s rollout will continue in phases over the next year to gradually expand the network. The second phase is intended to go beyond token activation to structured on-chain functions.
After that, Phase 3 will introduce the Scaled Incentivized Testnet, inviting developers, testers and eventually community validators to participate, with a focus on decentralization. As CNF reported, the final phase will see the launch of hybrid DApps.
The NIGHT distribution has been structured for sustainability by using a 360 day “thaw schedule” where each eligible address is assigned a random initial unlock date between December 10, 2025 and early March 2026, with three additional unlocks every 90 days.
Rather than encouraging short-term speculation, this staggered drop schedule will help maintain stability and growth. Now that NIGHT is on the market, it has already launched on five crypto exchanges: OKX, HTX, Bybit, MEXC, and Gate.io. This will guarantee immediate robust liquidity and global presence. Binace now also has the listing confirmed.
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