Hoskinson says Midnight can overtake Zcash, presses Gemini to list ADA
- —NIGHT's market cap was about $443 million versus roughly $26 billion for Zcash at the time
- —Hoskinson put Gemini's lost revenue from skipping ADA at $70 million over five years
- —Midnight combines zero-knowledge proofs, TEEs and MPC for private cross-chain operations
- —Hoskinson urged ADA holders to scrutinize how treasury funds are spent
Why it matters: The remarks intensify competition in the privacy-coin segment and add pressure on Gemini over its ADA listing decision.
Source: DiarioBitcoin