Cardano (ADA) founder Charles Hoskinson in his latest tweets, the privacy-focused Blockchain monero‘s newly released midnightof a “back door” He responded to the allegations that he had
Cardano (ADA) Founder Responds to Monero’s “Backdoor” Claim for Newly Launched Midnight
Cardano on Friday announced Midnight, a zero-knowledge data protection-based sidechain that will delight its community, and its upcoming token. dustintroduced the.
As excited as the Cardano community is, the Monero team pointed out the flaws in the system on Twitter. One of them was about a “back door”.
If you want to use a backdoor privacy blockchain in Monero tweets, use Cardano’s Midnight. “If you want real privacy without the shenanigans, use Monero,” he said.
use #Cardano #midnight if you want to use a “privacy” blockchain with a backdoor.
use #monero if you want actual privacy without shenanigans.
Shame on you @InputOutputHK https://t.co/F98534gRLM
— Monero (XMR) (@monero) November 19, 2022
Earlier, Cardano founder had said of Midnight: “The system will walk the line between protecting privacy and allowing regulators and auditors to open a backdoor into the system when allowed.”
In response to a user’s and Monero’s claims, Hoskinson said, “Backdoor? “We don’t have a back door,” he said.
@IOHK_Charles please explain allegation of @monero about cardano’s backdoor.
— Crypto Curious (@CryptoCurious33) November 19, 2022
He also added that the word “backdoor” is a misquote.
What is Midnight?
According to its official website, Midnight will be a data protection-based blockchain that protects sensitive business and personal data while protecting basic freedoms of association, trade and expression.
Hoskinson explained what the Midnight project is about:
“This is a privacy platform with a rich identity framework built through the Atala prism. View keys are handled at the DApp level, not the protocol.
The newly coined term “backdoor” FTXbecame alarming after the collapse of Sam Bankman-FriedIt was claimed that . had a secret “back door” to transfer billions.
*Not investment advice.
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