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Cudos Network: A Scalable Alternative to Larger & more Expensive Chains

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Engr_Samest
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As the understanding of blockchain technology becomes more evident to many in the space, new applications are launching day by day and to run a complex application on-chain becomes more expensive and sometimes it is highly impossible due to the huge amount of gas limits. This really calls for attention!

Here Comes A Scalable Alternative to Larger & more Expensive Chains (Cudos Network)

What Is Cudos Network? This is a special-purpose blockchain designed to provide high-performance, trust-less, permission-less cloud computing for all. Cudos Network discovered the loophole between the cloud and blockchain industry, thereby providing a solution by uniting the two elements (Cloud and Blockchain) together to produce a computing sustainably cost-effective network in a decentralized model to connect the world.

Architectural View Of Cudos Network Cudos Network is built with the application of Tendermint Core to inherit its Delegated Proof of Stake (DPoS) algorithm proudly supported by Cosmos SDK (Internet of Blockchain). This makeup produces three major features which are:

  • High throughput

  • Availability

  • Security

Interestingly, the architectural view of this network allows easy cross-chain compatibility with many other blockchains, especially those IBC-gangs projects built on the Cosmos SDK, by leveraging the nascent Inter-Blockchain Communication (IBC) protocol for moving assets between these systems securely.

Cudos Network provides a solution that releases benefits to the developers and those using what is built by the developers on the chain.

As a developer/Builders;

  • Activation of high-application performance made easy

  • Provision of developer-friendly smart contract tools made available

  • A comparable asset management

As a users;

  • A high cryptographic security is made available
  • Transparency as a result of public blockchain availability.
  • A cross-chain interoperability made easy.
  • A carbon-neutral transaction.

For every Blockchain protocol, there is a token to power the solution/service. Cudos Network is powered by $CUDOS which is a use-case based on 3 values;

  • The governance participation.
  • A funding compute workloads.
  • Contributing to the network via the staking program

Earning with Cudos Network

As huge as this project is, there are multiple ways of earning the utility token of the platform $CUDOS.

Here are the multiple ways:

  • You can become a validator.

  • You can delegate/stake your $CUDOS

  • You can participate in an incentive testnet program.

The above can be achieve via the project WALLET. With a single click after you confirm your Installation of Kepler, you can then transact.

Latest In The Camp of Cudos Network

Don't be surprised, the underlying element of Cudos has been under construction since 2017 and the team has been working to make sure quality product is released to the space.

On 15th June 2022, the Cudos Network mainnet was launched on an open-source block explorer and token management tool that serves over 10 proof-of-stake blockchains. Big dipper welcome to Cudos Network mainnet.

Official Twitter Mainnet Launched Announcement

Now What Next?

Cudos Network has so many things yet to unfold. Do you want to know the latest with Cudos, follow all the social media handles?

Website | Telegram | Twitter

For More Educational Piece, contact me via the following

Telegram: https://t.me/Engr_Samest
Twitter: https://twitter.com/olapadesam00 LinkedIn: https://LinkedIn.com/in/engrsamest

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