Cardano founder Charles Hoskinson announced that the integration of Midnight, Cardano's sidechain, will make the Cardano ecosystem a multichain network, allowing it to connect with other chains like Ethereum and Solana. Midnight is currently in testnet. Hoskinson also discussed the partnership with BitcoinOS (BOS) and decentralized finance (DeFi) deployment on the Bitcoin network. He revealed that IOG's core focus next year will be building DeFi on the Bitcoin network with a new partner, Fairgate Labs. Hoskinson clarified that Fairgate developed the technology on which BitcoinOS is built and that BitcoinOS does not intend to launch its own token. Yoga, the founder of BitcoinOS, affirmed that the project does not intend to leave Cardano and is actively working to integrate BOS on the network. Hoskinson urged Yoga to confirm BOS's integration as a native token on Cardano, and Yoga stated that BOS would be an "interesting token type for Cardano."



Other News from Today