The highly anticipated Cudos mainnet is now live! The United Kingdom-based decentralised computing network unites cloud computing and blockchain in an open, multi-layered ecosystem that promises to power the deployment of dApps on a fully decentralised computing architecture. Cudos, a potentially disruptive project, aims to go beyond peer-peer file storage by globally recycling dormant computing hardware and providing environmentally-friendly cloud resources as a service over a blockchain.
The Cudos ecosystem envisions a scalable platform driving the creation and deployment of diverse Web3 solutions by combining a highly secure blockchain with globally distributed computing hardware to address present and future technological and environmental concerns. A striking criticism of the broader Web3 industry has been its reliance on centralised entities for data storage, with critics highlighting some of the potential risks such as insecurity and unreliability of centralised hubs. Cudos proposes to solve this problem by distributing computing resources that blockchains can reliably leverage to supplement on-chain transactions.
Commenting on the launch, CEO Matt Hawkins stated, “The release of the mainnet ushers in a new era for our network and the blockchain and cloud sectors as it sets the underlying architecture for deploying decentralised applications, non-fungible tokens, decentralised financial instruments, and the metaverse on a potentially expansive cloud infrastructure. The support of our community has been immense from the get-go, and we are delighted to achieve this critical milestone in the Cudo journey collectively. Developers and users may now employ Cudos for scalable and affordable decentralised solutions and contribute to the network’s growth and success.”.
A network of alliances