Digital Asset Fundamentals (Digital Asset) - TiTdoi (TiTdoi.com)


coin summary Cudos (cudos)


- What is CUDOS CUDOS powers a decentralised compute network that will interoperate with multiple blockchain ecosystems to provide the following benefits:1.
- Trusted layer 1 validator network built on the Tendermint protocol Wasm compatibility, for smart contracts to be deployed on CUDOS using nextgeneration languages so long as they compile to WebAssembly.
- I.e.
- Golang, Rust, Java etc.2.
- Crosschain or Horizontal interoperability thanks to the network’s Inter Blockchain Communication IBC integration, allowing Cudos Network smart contracts to interface with multiple networks.3.
- 10x lower transaction and gas costs compared to those on PoW networks A massively scalable network to facilitate more sophisticated #smart-contract operations4.
- Higher performance with anywhere between 200 to 500 Peak TPS on the network access to a globally distributed layer 3 network of secure #cloud , and compute, resourcesTuring complete solutions for nonTuring complete Layer 1 blockchain networks.
- With the underlying Cudo platform live in over 145 countries, across enterprise and edge environments, and used by over 250,000 users, CUDOS is the next major release, providing a decentralised computing layer bridging onchain and offchain resources.The CUDOS token serves the following clear purposes: Transaction payments, Network governance and operations, a staking mechanism for receiving blockchain and cloud workloads, and a medium of exchange MoE.
- What is CUDOS trying to solve Scaling on blockchain is both expensive and limited in the type of usecases it can support.
- CUDOS solves this issue by providing a highly scalable Layer 2 and 3 solution, connecting both onchain and offchain consumers to the network via smart contracts and APIs.
- Who are the founders at CUDOSCUDOS was founded by Mathew Hawkins, an awardwinning entrepreneur, who previously founded C4L, a data center, cloud and network infrastructure provider that grew to support 1% of the UK’s internet infrastructure.
- Exiting in 2016 for $30m, Mathew started Cudo and the CUDOS network to build infrastructure services in software, what he previously achieved in hardware.
- The executive team have backgrounds in building and scaling and SaaS with COO Lee Woodham, who has over 25 years split across scaling #financial-services and tech companies.
- The board of advisors also includes David Juxon, former MD of Bank of America, Chris Deering, Former President of Sony Entertainment Playstation, Joerg Roskowetz, Director of Blockchain for AMD and Maggie Fang, early investor in Uber and Alibaba.
- What makes CUDOS unique CUDOS is the first decentralised computing network to provide services to both onchain and offchain infrastructure consumers.
- Built on the Cosmos blockchain and utilising the Tendermint protocol for secure BFT consensus, the CUDOS validator network will provide a globally distributed and highly secure network able to allocate more intensive workloads out to the underlying Layer 3 Cudo platform.
- How is the CUDOS network secured The CUDOS Network utilises the Byzantine Fault Tolerant Bonded Proof of Stake mechanism featured in the Cosmos SDK, known as Tendermint Core, as its consensus engine.
- Validators in the CUDOS network stake a given amount of CUDOS in order to earn fees from validating transactions on the network in a secure and highly reliable way.
- In order to achieve this, the CUDOS Network also leverages the Cosmos SDK’s staking, slashing, and governance modules to incentivise a minimum of 95% uptime and to swiftly eliminate validators known to perform doublesigns or other known forms of bad actor behaviours.
- Who are the major partners of CUDOSCUDOS is partnered with major and recognised brands across both blockchain and enterprise computing verticals, including AMD, Ultra & Algorand.
- Strategic backers include Outlier Ventures OV, Moonwhale, Moonrock, Brilliance Ventures, GBV, Spincrypto, Double Peak, Coinvision, and BMW Capital.
- How many CUDOS coins are there in circulationThere is a maximum supply of 10 billion CUDOS tokens released over a 10 year period starting from the 11th January 2021.
- The total supply of 10 billion CUDOS is distributed via multiple allocations, with 34% Ecosystem & Community Development, 33.78% Reserve, 20% Team 2% released based per milestone achieved.
- 10 key predetermined milestones, 5% Advisors and 7.22% to presale token holders.
- Use of funds will be as follows: 30% Research & Product Development, 10% Administration & Operations, 20% marketing, 10% CUDOS Validator Nodes CVN, 13% User Acquisition, 10% Community Engagement and 7% Contingency.
- Where can you buy CUDOSAt the time of writing, the top exchanges for CUDOS trading are Ascendex, KuCoin, Gate.io, Uniswap, Bittrex Poloniex, CoinField, Liquid, ZT Global, and others..

Summary of the coin Cudos

Summary of the coin Cudos


market value (Market Capital) Ranked 397

highest price statistics: 0.13 $USD
total number of coins(Supply): 10,000,000,000.00 coin
circulated (Circulated): 6,987,274,834.00 coin
69.87%
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Study the exchange market information. Cudos


CUDOS<->USDT CUDOS<->USDT CUDOS<->BTC

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The most traded coin


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3 ETH title=ETH 3,152.35 1,271,262,840.15
4 SOL title=SOL 147.23 932,116,588.56
5 PEPE title=PEPE <0.01 522,254,917.96
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Bitcoin's Greed and Fear Index.

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1 Advance GDP q/q Thursday 25-04-2024 13:30
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