CUDOS

CUDOS is a decentralised compute network that will provide multiple blockchain ecosystems with the following benefits: - Trusted layer 2 validator network built on the Tendermint protocol - EVM and Wasm compatibility, in order for smart contracts to be deployed on CUDOS using Solidity or next-generation languages so long as they compile to WebAssembly. I.e. Golang, Rust, Java etc. - Cross-chain or Horizontal interoperability thanks to the network’s Inter Blockchain Communication (IBC) integration, which allows for Cudos Network smart contracts to run on multiple networks. - 10x lower transaction and gas costs compared to those on PoW networks - A massively scalable network to facilitate more sophisticated smart contract operations - 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

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: Network governance and operations, a staking mechanism for receiving blockchain and cloud workloads and as a medium of exchange (MoE).