Cudos $CUDOS

CUDOS is a decentralized computing network that interoperates with multiple blockchain ecosystems to bring about several benefits. The platform is constructed on the Tendermint protocol, a trusted layer 1 validator network with Wasm compatibility for smart contracts. This compatibility allows next-generation languages like Golang, Rust, and Java to be used to deploy contracts on CUDOS, as long as they compile to WebAssembly.

CUDOS: The Powerhouse of Decentralized Computing

CUDOS employs a cross-chain or Horizontal interoperability using the network’s Inter Blockchain Communication (IBC) integration. This allows Cudos Network smart contracts to interface with multiple networks. The transactions and gas costs on this platform are ten times lower than those on Proof of Work (PoW) networks, making it a massively scalable network that can facilitate more sophisticated smart contract operations. It offers higher performance, with a peak TPS ranging from 200 to 500 on the network, providing access to a globally distributed layer 3 network of secure cloud and compute resources.

Solution For Non-Turing Complete Layer 1 Blockchain Networks

Turing complete solutions for non-Turing complete Layer 1 blockchain networks are part of the capabilities of the CUDOS platform. The underlying Cudo platform is live in over 145 countries, used by over 250,000 users, and operates across enterprise and edge environments. The CUDOS token serves several essential purposes, which include transaction payments, network governance and operations, acting as a staking mechanism for receiving blockchain and cloud workloads, and also serving as a medium of exchange (MoE).

What Problem does CUDOS Address?

CUDOS is designed to address the issue of scaling on the blockchain, which is not only expensive but also limited in terms of the type of use-cases it can support. With its highly scalable Layer 2 and 3 solutions, CUDOS connects on-chain and off-chain consumers to the network via smart contracts and APIs, thereby solving these problems.

Founders of CUDOS

The brain behind CUDOS is Mathew Hawkins, an award-winning entrepreneur who previously founded C4L, a data center, cloud, and network infrastructure provider. He was responsible for operating 1% of the UK’s internet infrastructure before exiting the company in 2016 for $