Cardano (ADA) Founder Charles Hoskinson Praises Two Altcoins

Charles Hoskinson, the founder of Cardano and a leading figure in the cryptocurrency world, made significant statements praising the Filecoin (FIL) and Monero (XMR) networks on David Gokhshtein’s “The Breakdown” podcast.

Hoskinson argued that Filecoin provides “decentralized storage on a massive scale,” stating the following:

“Filecoin holds exabytes of data. If you had a 1 GB internet connection, it would take 250 years to download a single exabyte. The Filecoin network contains dozens of exabytes of data. This is truly a system on the scale of the internet.”

Charles Hoskinson stated, “We will begin using Filecoin and Midnight very closely. We have reviewed several decentralized storage solutions (I won’t name some of them here) and have concluded that Filecoin is currently the best option for us.”

In addition, he spoke highly of another altcoin:

*This is not investment advice.

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