What is 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 next-generation languages so long as they compile to WebAssembly. I.e. Golang, Rust, Java etc. 2. Cross-chain or Horizontal interoperability thanks to the network’s Inter Blockchain Communication (IBC) integration, allowing Cudos Network smart contracts to interface with multiple networks. 3.
How does Cudos work?
10x lower transaction and gas costs compared to those on PoW networks - A massively scalable network to facilitate more sophisticated smart contract operations 4. 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, resources Turing complete solutions for non-Turing complete Layer 1 blockchain networks.
What is Cudos used for?
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 on-chain and off-chain 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 use-cases it can support.
Where can you buy Cudos?
Cudos (CUDOS) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for CUDOS sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting CUDOS, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Cudos (CUDOS)?
The reported 24-hour trading volume of Cudos is $54.83. Volume is a live reading of how much CUDOS changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
