The Midnight Foundation declared its network live on Mar. 29, with the genesis block dated Mar. 17.That launch gives Cardano's community its first production test of Charles Hoskinson's argument that public blockchains cannot reach regulated finance, identity, and business use unless the infrastructure itself embeds privacy and compliance from the start.Cardano enters that test in an unusual position: a market cap above $9.1 billion, 672 active developers per Electric Capital data, and a DeFi footprint that hasn't matched the valuation's weight.DefiLlama shows roughly $134 million in total value locked,...