Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web 3.0, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders.
The Cudos Network is a Layer 1 network, providing scalable distributed computing direct to smart contracts or to any bridged blockchain. Cudos connects blockchain developers and services to a global pool of computing power. This enables up to 10x more cost-effective computing, greener computing and access to a global network to power your next Metaverse, Dynamic NFT, AI, Machine Learning, DeFi or any computationally demanding dApps and smart contracts.
When economic activity becomes centralised on a single network, the result is bottlenecks of congestion and high transaction fees.
Networks such as Ethereum have attempted to solve issues with scalability 'vertically' with Layer 2 solutions that leverage the underlying security of the Layer 1 - Ethereum network. Transactions are executed off-chain on the Layer 2 with a 'proof of state' change sent back to the Layer 1. These proofs are then checked for fraud and verified before the underlying Layer 1 chain is updated.
Increasingly, there is also a shift towards 'horizontal' scaling solutions. These are enabled through the use of multiple independent blockchains or sidechains within a single ecosystem. Horizontal scaling spreads the computation of transactions in an ecosystem across many independent blockchains, with each chain having its own block producers and execution capacity.
CUDOS addresses scalability vertically and horizontally. A lightning fast consensus mechanism (built on tendermint) enables thousands of transactions per second (tps) whilst an Inter-Blockchain Communication (IBC) protocol enables cross-chain interoperability with an increasing number of Cosmos ecosystem members such as Osmosis.
The CUDOS Bridge brings further interoperability between the CUDOS and Ethereum networks allowing for the transfer of tokens, assets, NFTs and data.
Vision
A decentralised, sustainable, and connected world where no computing is wasted.
Mission
Empower people and organisations to earn and save through cheaper, accessible, and sustainable computing by utilising spare capacity.
