查尔斯·霍斯金森（Charles Hoskinson

卡尔达诺（Cardano）的创始人查尔斯·霍斯金森（Charles Hoskinson）在2025年共识时揭示了一个名为“冰川下降”的大型气盘的计划。

Charles Hoskinson, founder of Cardano, made an interesting appearance at Consensus 2025, where he revealed plans for a major airdrop from Cardano’s privacy-focused sidechain, Midnight.

卡尔达诺（Cardano）的创始人查尔斯·霍斯金森（Charles Hoskinson）在2025年共识中露面，在那里他透露了午夜时期以卡尔塔诺（Cardano）以隐私为中心的Sidechain进行的大型空投计划。

The airdrop, named Glacier Drop, will see tokens distributed to approximately 37 million wallets across eight different blockchains. These include Bitcoin, Ethereum, Cardano, XRP, Solana, Binance Smart Chain, Avalanche, and Polygon.

该名为Glacier Drop的空投将使令牌分布在八个不同的区块链上约3700万个钱包。其中包括比特币，以太坊，卡丹诺，XRP，solana，binance智能链，雪崩和多边形。

Users on these networks can expect to receive either NIGHT (governance token) or DUST (privacy token) as part of the distribution.

这些网络上的用户可以期望作为发行版的一部分，可以收到夜晚（治理令牌）或灰尘（隐私令牌）。

In a move that breaks from industry norms, venture capital firms will be completely excluded from the airdrop. This decision reflects Hoskinson’s stated goal of prioritizing everyday crypto users over institutional investors.

在违反行业规范的举动中，风险投资公司将被完全排除在气盘之外。该决定反映了霍斯金森的既定目标，即优先考虑日常加密用户而不是机构投资者。

“Instead of doing an ICO or venture capitalizing, I will spend my own money, build it, release, finish, and do an airdrop to these eight different chains,” Hoskinson stated at the event.

霍斯金森在活动中说：“与其进行ICO或冒险资本化，我将花自己的钱，建造，释放，完成并为这八个不同的连锁店进行空事。”

This approach, funded by Hoskinson himself, marks a departure from typical startup models and aims to give back to the broader crypto community rather than focusing on early investors.

这种方法由霍斯金森本人资助，标志着与典型的创业模式背道而驰，旨在回馈更广泛的加密社区，而不是专注于早期投资者。

Cross-Chain Functionality

跨链功能

Midnight introduces an economic model designed to enhance cross-chain functionality and reduce rivalries between blockchain communities. The system allows developers to pay network fees using their native tokens, eliminating the need for token conversion.

午夜引入了一种经济模型，旨在增强跨链功能并减少区块链社区之间的竞争。该系统允许开发人员使用其原始令牌支付网络费用，从而消除了对令牌转换的需求。

For example, Ethereum developers can pay fees in ETH, while Solana developers can use SOL. Bitcoin users can use BTC for transactions on the network.

例如，以太坊开发人员可以支付ETH的费用，而Solana开发人员可以使用SOL。比特币用户可以将BTC使用网络上的交易。

“If you are an Ether user or developer, you spent Ether for that transaction, and the same with Solana with SOL, Bitcoin, so forth,” explained Hoskinson, highlighting the aim of lowering barriers between different blockchain ecosystems.

霍斯金森解释说：“如果您是以太用户或开发人员，则花费了以太进行交易，而与SOL，比特币，SO的Solana相同。”

This flexibility also extends to validators, who can contribute to the Midnight network and earn rewards in their own tokens.

这种灵活性还扩展到验证者，他们可以为午夜网络做出贡献并以自己的代币获得奖励。

The inclusion of any chain’s validators further supports Hoskinson’s stated goal of reducing tribalism in the crypto space and encouraging cooperation between different blockchain communities.

任何连锁店的验证者的包括进一步支持霍斯金森的既定目标，即减少加密货币空间中的部落主义并鼓励不同区块链社区之间的合作。

“This is the project I’m having the most fun with,” he said. “It’s where I get to be friends with everybody.”

他说：“这是我喜欢的项目。” “这是我与所有人成为朋友的地方。”

Market Implications

市场含义

While the Midnight project focuses on technology and community building, analysts have noted potential price implications for Cardano’s native ADA token.

虽然午夜项目专注于技术和社区建设，但分析师指出了Cardano的本地ADA代币的潜在价格影响。

The Crypto Capital Venture (CCV) risk model currently shows a score of 42 for Cardano. This score was last observed before Cardano’s bull runs in late 2017 and 2020.

Crypto Capital Venture（CCV）风险模型目前显示Cardano的得分为42。在Cardano的公牛在2017年底和2020年跑之前，该分数是最后一次观察到的。

Some analysts suggest this could indicate another price increase for ADA, potentially targeting the $2 mark. ADA currently trades at approximately $0.78.

一些分析师认为，这可能表明ADA的价格增加了，可能以2美元的目标为目标。 ADA目前的交易约为0.78美元。

The token has already recovered substantially from its bottom of $0.23 in late 2023, showing a 233% increase. However, it remains 74% below its all-time high of approximately $3.10.

该令牌已经从2023年底的0.23美元的底部恢复了大幅恢复，显示出233％的增长。但是，它仍然低于其历史最高高度约3.10美元的74％。

The 0.50 Fibonacci level sits at $1.67, with the 0.62 level at around $2.01.

0.50斐波那契水平为1.67美元，0.62级别约为2.01美元。

Project Timeline

项目时间表

Midnight is currently in testnet phase, with the mainnet expected to launch before the end of 2025. The Glacier Drop airdrop will likely occur in conjunction with this mainnet release, though specific dates have not been announced.

午夜目前处于Testnet阶段，预计Mainnet将在2025年底之前推出。尽管尚未宣布特定的日期，但冰川下降空调可能会与此Mainnet版本结合使用。

Hoskinson described Midnight as a principled approach to blockchain development, focusing on privacy features while maintaining cross-chain compatibility. The exclusion of venture capitalists from token distribution underscores his commitment to community-oriented development.

霍斯金森（Hoskinson）将午夜描述为区块链开发的一种原则方法，重点是隐私特征，同时保持跨链兼容性。将风险资本家排除在代币分布之外，突显了他对以社区为导向发展的承诺。

The dual-token system of NIGHT and DUST serves different purposes within the Midnight ecosystem. NIGHT tokens provide governance rights, allowing holders to vote on network upgrades and changes. DUST tokens focus on privacy-related functions within the network.

夜间和灰尘的双式系统在午夜生态系统中具有不同的目的。夜令牌提供治理权利，使持有人可以对网络升级和变化进行投票。灰尘令牌专注于网络中与隐私相关的功能。

The Glacier Drop airdrop represents one of the largest cross-chain token distributions. With 37 million wallets targeted across eight blockchains, the scale of the operation highlights Cardano’s ambition to create connections across the fragmented blockchain landscape.

冰川滴气盘代表了最大的跨链令牌分布之一。该行动的规模涉及八个区块链的3700万钱包，突出了Cardano在零碎的区块链景观中建立连接的野心。

Hoskinson turned down venture capital interest in the project, stating that he wanted to avoid the hype and quick-money mindset often associated with VC funding. For the Cardano founder, this approach aligns with his vision of building sustainable blockchain infrastructure.

霍斯金森（Hoskinson）拒绝了该项目中的风险投资兴趣，他说他想避免炒作和快速的思维方式，通常与风险投资相关。对于Cardano创始人来说，这种方法与他建立可持续区块链基础设施的愿景相吻合。

The Midnight project aims to bring privacy features to the Cardano ecosystem while maintaining interoperability with other blockchain networks. This approach could potentially expand Cardano’s developer base and increase network activity once fully deployed.

午夜项目旨在为Cardano生态系统带来隐私功能，同时与其他区块链网络保持互操作性。这种方法可能会扩大Cardano的开发者群，并一旦完全部署就可以增加网络活动。