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Reading: Cardano (ADA) Founder Charles Hoskinson Praises Two Altcoins
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Mycryptopot > News > Crypto > Altcoins > Cardano (ADA) Founder Charles Hoskinson Praises Two Altcoins
Altcoins

Cardano (ADA) Founder Charles Hoskinson Praises Two Altcoins

May 12, 2026 1 Min Read
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Charles Hoskinson, the founding father of Cardano and a number one determine within the cryptocurrency world, made important statements praising the Filecoin (FIL) and Monero (XMR) networks on David Gokhshtein’s “The Breakdown” podcast.

Hoskinson argued that Filecoin offers “decentralized storage on an enormous scale,” stating the next:

mycryptopot

“Filecoin holds exabytes of knowledge. If you happen to had a 1 GB web connection, it might take 250 years to obtain a single exabyte. The Filecoin community incorporates dozens of exabytes of knowledge. That is really a system on the size of the web.”

Charles Hoskinson acknowledged, “We’ll start utilizing Filecoin and Midnight very carefully. We’ve reviewed a number of decentralized storage options (I gained’t identify a few of them right here) and have concluded that Filecoin is at the moment the best choice for us.”

As well as, he spoke extremely of one other altcoin:

“Monero has been a pioneer in lots of areas. Our doorways are at all times open to them; we might like to collaborate with them on many issues; or no less than assist them with liquidity, DeFi and different issues. That might be actually thrilling.”

*This isn’t funding recommendation.

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Reading: Cardano (ADA) Founder Charles Hoskinson Praises Two Altcoins
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