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What is CUDOS coin and how does it work?

by Financial Economy
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CUDOS is the first decentralized computing network to serve both on-chain and off-chain infrastructure consumers. The CUDOS token serves as a sharing mechanism and a medium of exchange (MoE) to receive network governance and operations, blockchain and cloud workloads. Detailed information about what is CUDOS coin, how does it work, how much it costs, how to buy it, which stock market it is on, etc. is located in the continuation of the content. You can browse here for information about THETA token.

What is CUDOS coin and how does it work?

Cudos Network is a special-purpose blockchain designed to provide high-performance, reliable and permissionless cloud computing for everyone. Designed as a scalable alternative to larger, more expensive chains, the Cudos Network allows complex applications to run entirely on-chain, which were previously either prohibitively expensive or simply impossible due to gas limits. The Cudos Network operates on a Delegated Proof of Stake (DPoS) consensus model, where Validators control transactions and provide computation cycles for DApps on the network to consume.

What sets the Cudos Network apart from other blockchains is the deep level of integration for high-performance computing capacity at the very heart of the network. This allows Cudos to add an extra layer of computing to blockchains and unlock a wide array of additional use cases where high-performance computing power is required.

Cudos coin is the token of the network. The CUDOS token serves as a sharing mechanism and a medium of exchange (MoE) to receive network governance and operations, blockchain and cloud workloads.

Founder of CUDOS!

CUDOS was founded by Mathew Hawkins, an award-winning entrepreneur who previously founded C4L; It is a data center, cloud and network infrastructure provider growing to support 1% of the UK’s internet infrastructure. Making $30 million in 2016, Mathew launched the Cudo and CUDOS network to build infrastructure services in software, which he had previously accomplished in hardware.

How to buy Cudos coin and on which exchanges is it available?

Cudos can be purchased from listed cryptocurrency exchanges. But it is necessary to make sure that the platform to be traded is “TRUSTED”. Cudos token is listed on platforms like KuCoin, Gate.io, ZT, Uniswap (V2), etc.

CUDOS coin price!

As of January 11, 2022, the price of 1 CUDOS coin is around $0.042 (the price can change instantly).

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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