Cudos blockchain is decentralized cloud and computing network. Cudos aims to create a decentralized, sustainable and connected world using idle computing power. The Cudos blockchain offers DeFi and dApp developers and services the ability to connect to a global pool of computing power.
In this way, it is possible to create more cost-effective, greener and more powerful applications and smart contracts. Cudos blockchain offers scalable smart contracts in the Rust language. In this way, DeFi and dApps can work faster and more efficiently. In addition, the Cudos blockchain provides layer 2 computing, enabling any WASM, container or virtual machine workload to be supplied to one of the world's largest distributed networks.
This means that Cudos blockchain unites both the cloud and blockchain worlds. Another advantage of Cudos blockchain is its low cost and fast transaction processing. The Cudos network completes cost-effective transactions in seconds, making it ideal for scalable applications. Cudos blockchain also offers the possibility to create NFTs and digital assets.
Developers can distribute their NFTs on the Cudos blockchain or create their own tokens. Or they can connect with Oracles on/off-chain for data services or offer their own data services to our network and all bridged blockchains. There is a strong ecosystem behind the Cudos blockchain. Cudos' partners include leading companies such as NVIDIA, Algorand, Cosmos, Cosmostation, Cryptocom, Huobi Global. Cudos' backers include strategic funds such as Borderless Capital, Moonrock Capital, and Doublepeak Capital. There are more than 27 validators on Cudos' mainnet and more will join soon.
Cudos blockchain is a special purpose blockchain designed to provide high performance, reliable and permissionless cloud computing. Network consensus is achieved using Tendermint Core and the Byzantine Fault Tolerant Proof of Stake (DPoS) algorithm. In addition to using Tendermint Core, the Cudos network resides within the Cosmos Hub region powered by the Cosmos SDK. Thus, high transaction volume, accessibility and security are achieved. Cosmos Hub is a shared security zone that guarantees that every ad hoc blockchain in the Cosmos ecosystem, including the Cudos network, benefits from the highest levels of security and development support from the robust open source community.
The core mission of the Cudos network, the promise of computing, is extended beyond Cosmos-based blockchains using private bridges and cryptographic approaches for cross-chain interaction. This includes the pioneering ability to embed high-performance computing workflows in the multi-fabric of blockchain smart contracts, thus enabling additional use cases. This higher level of performance and security is made possible by Cudos Blockchain's ability to leverage a strong validator community with robust node infrastructure. What are the benefits of DeFi and dApp development on Cudos Blockchain?
Here are some:
- You can build faster and more efficient DeFi and dApps by deploying scalable smart contracts in Rust.
- Take advantage of Layer 2 computing, which provides scalable decentralized blockchain computing.
- Provision WASM, container or virtual machine workloads to one of the world's largest distributed networks (300,000+ users).
- Our network completes low-cost transactions in seconds and provides scalable applications.
- You can digitize your assets or create your own tokens by distributing NFTs.
- You can connect to Oracles for on/off-chain data services or deploy your own data services across our network and all bridged blockchains.
The benefits of DeFi and dApp development on Cudos Blockchain are not limited to these. Other benefits offered by Cudos include secure and transparent network management, an environmentally friendly commitment to carbon footprint reduction, a large partnership ecosystem, and native CUDOS tokens listed on multiple exchanges. Validators are people who commit funds through a process called staking.
They certify and validate every transaction proposed to the network with high availability and confidence levels evaluated in a real-time and predictive manner. The Cudos network rewards the most performing validators with predictable revenue streams and quickly removes malicious actors from the Proof of Stake network to provide a higher level of security for all participants.
