Cardano Founder Tests Zero-Knowledge Wallet Recovery System

Charles Hoskinson, founder of Cardano, has started testing a zero-knowledge wallet recovery system designed to improve self-custody security across the Cardano network.

The proposed smart contract would release ADA and Cardano Native Tokens from a dedicated recovery pool after successfully validating ownership through cryptographic proofs without revealing sensitive recovery credentials.

Hoskinson stated that development remains in its early stages, but he confirmed plans to collaborate with Quantumplation, Sebastien Guillemot, and the Midnight development team as testing continues.