Charles Hoskinson Says AI Has Destroyed Crypto Developer Counts

Cardano founder Charles Hoskinson says AI has destroyed the value of developer counts, a metric blockchains have used for years to show growth. He made the case in defense of Midnight, a privacy-focused blockchain built on Cardano, after its foundation cut part of the team that recruits outside coders and shifted focus to builders, according to BeInCrypto. The Midnight Foundation is still running three hackathons with prize pools worth $26,500, including a Korea contest that opened on September 1.