Charles Hoskinson, the founder of Cardano, has shared insights into Midnight Network's utility in relation to the strategic partnership with Brave Wallet. Hoskinson explained that Cardano could add value to two parts of Brave’s business model.
Hoskinson said the Cardano Midnight zero-knowledge (ZK) platform could support Brave Ads and Brave VPN. He noted that the privacy-focused web browser could earn from integrating these two into its business model.
Brave could earn crypto from the Basic Attention Token (BAT) ecosystem, as ads can prove a major deal. Additionally, the VPN component involves the subscription model.
The Cardano founder emphasized that with Brave’s 84 million users, the integration will enhance privacy by bringing advanced cryptographic protections.
In essence, Midnight could serve as a privacy layer for Cardano and the broader internet space. This is because it provides ZK privacy to the mainstream through the browser.
The development is a significant step toward having the real-world application of blockchain technology in everyday internet usage.
Its impact would include reducing the frequency of data breaches and allowing users to verify information without compromising their privacy by leveraging ZK proofs.
In addition to benefiting Brave Wallet, Hoskinson believes it could impact the broader digital space and change the lives of billions.
Midnight could enhance security, privacy and scalability for web users, which could significantly influence future developments in digital privacy solutions.
As Cardano continues to develop use case applications, it remains crucial for the ecosystem to communicate these developments effectively to potential users. Tim Harrison, a Cardano top executive, stressed this point recently, as reported by U.Today.
Harrison maintains that if users are not aware of the various solutions that Cardano has built, then this might not impact ecosystem growth.
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