Charles Hoskinson: Developing recovery smart contract using zero knowledge proof for Ada and CNTs

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Cardano recovery contract leverages zero knowledge

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Hanna Syniavska

26.06.2026

Charles Hoskinson: Developing recovery smart contract using zero knowledge proof for Ada and CNTs — Cardano recovery contract leverages zero knowledge

Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), has begun work on an experimental recovery smart contract for Cardano. The contract is designed to allow the vending of Ada and CNTs from a pool using a zero knowledge proof to verify possession of the 24 keywords that generate a wallet.

Hoskinson mentioned plans to collaborate with Quantumplation, SebastienGllmt, and the Midnight team on further development.

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Hoskinson has recently discussed plans for the Cardano Summit to be held globally, with zones dedicated to each Dapp and project, according to a previous report. In a separate remark, he noted that SBF could have held $77 billion in Anthropic stock if not for his legal troubles, based on public comments. Both statements show Hoskinson's ongoing engagement on industry topics beyond Cardano development.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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