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CUDOS

Cudos  

#CUDOS

CUDOS Price:
$0.00622
Volume:
$401.1 K
All Time High:
$0.14
Market Cap:
$21.9 M


Circulating Supply:
3,511,792,868
Exchanges:
6
Total Supply:
10,000,000,000
Markets:
7
Max Supply:
Pairs:
11



  CUDOS PRICE


The price of #CUDOS today is $0.00622 USD.

The lowest CUDOS price for this period was $0, the highest was $0.00622, and the exact current price of one CUDOS crypto coin is $0.00622322.

The all-time high CUDOS coin price was $0.14.

Use our custom price calculator to see the hypothetical price of CUDOS with market cap of BTC or other crypto coins.


  CUDOS OVERVIEW


The code for Cudos crypto currency is also #CUDOS.

Cudos is 1.7 years old.


  CUDOS MARKET CAP


The current market capitalization for Cudos is $21,854,659.

Cudos is ranking downwards to #432 out of all coins, by market cap (and other factors).


  CUDOS VOLUME


The trading volume is medium today for #CUDOS.

Today's 24-hour trading volume across all exchanges for Cudos is $401,061.


  CUDOS SUPPLY


The circulating supply of CUDOS is 3,511,792,868 coins, which is 35% of the total coin supply.


  CUDOS BLOCKCHAIN


CUDOS is a token on the Ethereum blockchain.


  CUDOS EXCHANGES


CUDOS is available on several crypto currency exchanges.

View #CUDOS trading pairs and crypto exchanges that currently support #CUDOS purchase.


  CUDOS RESOURCES


Websitewww.cudos.org
Whitepaperdocs.cudos.org
TwitterCUDOS_
Telegramcudostelegram
Discordcudos
Mediumcudostoken


  CUDOS DEVELOPER NEWS



The Ethereum Merge isn’t the solution the crypto world needs

It’s finally here: the “most significant upgrade in the history of Ethereum,” according to the Ethereum Foundation. And they’re not alone in highlighting the importance of the upcoming Ethereum Merge, which will shift the chain to a proof-of-stake (PoS) consensus mechanism. According to The New York Times, it’s “one of the most eagerly anticipated events in crypto’s history”. Even Google has joined in the excitement, building a Merge countdown into its search engine. But why is the Merge so significant? On the one hand, it’s been a long time coming. The prospect of moving Ethereum to PoS was first raised in 2014, and the upgrade was initially slated for 2016. After repeated delays, some critics argued it would never happen. Now the date is finally here, and expectations are understandably high. There is a widespread belief that the Merge will transform the crypto world and accelerate mainstream adoption. But is the Merge the game-changing moment that many are hoping for? Tackling Ethereum’s climate impact The influence of Ethereum cannot be overstated. Its incorporation of smart contracts marked the next significant evolution of the crypto space following Bitcoin’s launch in 2009. Without Ethereum, we would not have NFTs, DeFi, DAOs, or the vision of a decentralised metaverse. But Ethereum has not been without its detractors. While Bitcoin has long been criticised for its excessive energy consumption, the 2021 NFT boom brought similar scrutiny to Ethereum. And as concerns about the climate crisis grew, this became the focal point for significant backlash: Mainstream outlets began to target the environmental impact of NFTs, from tech-focused sites like Wired and The Verge to respected news sources, including the New York Times and The Guardian., The climate-focused backlash against NFTs forced some companies to change plans, including the social platform Discord. Even the World Wildlife Fund fell afoul of the issue., Government regulators have focused on crypto’s carbon footprint, with the US continuing to highlight the energy consumption of proof-of-work systems as a key justification for intervention., At the heart of the enthusiasm over the Merge is the expectation that it will solve this major barrier to crypto’s wider acceptance. By adopting a PoS consensus mechanism, Ethereum’s energy consumption will reduce by 99.95%, according to the Ethereum Foundation’s estimates. Understandably, this has formed the focus of most mainstream interest in the Merge. No doubt, the Merge will offer Ethereum a major boost. By answering these widespread critiques, the blockchain will be on a more stable footing — at least regarding its energy usage. But there remain several significant issues that the Merge will not solve. Far from being a panacea for all Ethereum’s limitations, it leaves many challenges unsolved. Ethereum’s ongoing issues While Ethereum’s sustainability issues have been the focus of mainstream criticisms, the chain faces several other problems, all of which have been exacerbated by the massive growth in users over the past two years. Scalability. Ethereum’s throughput — the number of transactions it can process per second — is limited by design. Currently, Ethereum can process around 15 transactions per second. This significantly restricts its usefulness for application building, real-time data processing, and other advanced use cases., Cost. Ethereum manages its limited throughput by asking users to pay “gas fees” to incentivise miners to validate their transactions. At times of high demand, gas fees spike — sometimes to the point that the fees exceed the actual value of the transaction itself. And if your transaction fails, you’re still charged the fees. This will continue to discourage new and less-experienced users., Interoperability. Ethereum cannot communicate with other blockchains simply or directly. This means that transferring assets to other chains relies on externally designed mechanisms (such as Layer-2 chains or inter-chain bridges) to provide ad hoc solutions., Despite some initial reports to the contrary, none of these challenges will be solved by the Merge. Ethereum themselves stressed that both transaction speeds and gas fees would likely be unaffected. Instead, they are focused on future developments — such as “sharding” — that will potentially improve these issues, though it is difficult to say when they will be implemented. As a result, the Merge is not solving some of the core barriers to crypto’s mainstream adoption. If Ethereum continues to be slow, expensive, and heavily siloed, the promise of a fully decentralised and interoperable future for the web will have to wait. Or will it? How Cudos is building the future of Web3 Since its mainnet launch in June, the Cudos network has been offering a scalable, efficient, and interoperable alternative to Ethereum. With significantly higher throughput and lower gas fees, Cudos is the ideal choice for developers of DApps and DeFi platforms. Cudos is also a highly interoperable network, designed from the ground up to maximise connections with other chains. As part of the Cosmos ecosystem, Cudos supports the Inter-Blockchain Computation (IBC) protocol, enabling simple and efficient asset transfers to and from other Cosmos chains and enabling developers to build cross-chain applications. But this is just the first step. We are committed to a long-term vision for a decentralised web, and this means thinking beyond the immediate issues and building for the future. That’s why we’re developing a revolutionary decentralised cloud computing platform to power Web3. The soon-to-launch Cudo Compute will provide scalable and sustainable computing for the metaverse’s immersive virtual worlds. By allowing users across the globe to share their spare computing power, Cudo Compute will help to create a sustainable and connected world where no computing is wasted. medium.com Support our vision of a sustainable and connected world If you want to support our project of powering Web3, you can: Join the Cudos’ Discord server, Join the Cudos’ Telegram community, Buy CUDOS tokens, Become a Cudos ambassador, Come build with us today! About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, 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. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium, Spotify Originally published at www.cudos.org. The Ethereum Merge isn’t the solution the crypto world needs was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




PlayTheCrowd and Cudos: immersive metaverse storytelling

The decentralised cloud computing network Cudos has announced a new partnership with PlayTheCrowd, a global Web3 firm pioneering narrative-driven metaverse experiences. This exciting partnership will integrate PlayTheCrowd’s immersive omniverse and storytelling capabilities with the Cudos network’s secure and stable blockchain infrastructure and forthcoming distributed cloud platform, forging a sustainable and connected Web3 landscape. Through their joint efforts, Cudos and PlayTheCrowd will provide a way for metaverse users to efficiently sell and exchange virtual assets and explore engaging forms of digital storytelling. Additionally, thanks to the Cudos’s native NFT minting capabilities, users and creators will be able to mint 3D items at any time, ready to trade. medium.com “The entire Cudos team is thrilled to be working alongside PlayTheCrowd, blending our expertise with their intricately designed digital worlds that support quick and safe trading between players,” said the Vice President of Partnerships at Cudos, Nuno Periera. He continued: “This is an important and exciting step towards bringing Web3 into the mainstream.” Creating a Storytelling Experience in the Metaverse PlayTheCrowd is revolutionising the way people interact with audiences in virtual worlds. Their flagship software PLOTabl provides developers with the tools needed to transform metaverse environments in real-time to create highly personalised experiences. PLOTabl’s AI storytelling technology creates fresh, new narratives for users — narratives that Cudo Compute’s soon-to-launch cloud platform will power. medium.com Cudos’ powerful blockchain technology also opens an avenue for PlayTheCrowd users to create and mint custom NFTs. PlayTheCrowd is striving to build an integrated omniverse linking together a range of distinct metaverse experiences. The security, scalability and interoperability provided by the Cudos network will help ensure digital assets are easily and safely transferable. As PlayTheCrowd’s creative director Jerrund Wilkerson II remarks: “We’re excited to announce our partnership with Cudos. By partnering with them, we can deploy our products and solutions over their robust infrastructure and have peace of mind in their performance and security.” The global demand for commercial assets in the metaverse has proliferated in recent years, with annual spending on virtual goods reaching $54 billion this year. With the metaverse comes a new take on communicating with an audience — one that’s more immersive and unique. Two-thirds of consumers said they were likelier to remember an experience that used innovative technology, such as storytelling in a digital world. Cudos’ growing ecosystem The partnership is the latest in a long line of strategic collaborations. In March this year, Cudos joined forces with Dream VR, which will be utilising Cudos’ powerful blockchain technology to build its metaverse. Following Cudos’ collaborations with Shopping.io and NOWPayments, CUDOS token holders can spend them on Amazon and eBay across 11 markets and have access to 50% of Shopify and WooCommerce’s global e-commerce market. Support our decentralised network If you want to support our project toward powering Web3, you can: Join the Cudos’ Discord server, Join the Cudos’ Telegram community, Buy CUDOS tokens, Become a Cudos ambassador, Come build with us today! About PlayTheCrowd We’re a Web 3 Firm specialising in software, hardware and strategic content deployment. Our Agency Division takes the project lead and incorporates our other divisions when the time is right. Doing so can add immense value to our customers from end to end. With our systems operating collectively and individually, we ensure top-quality creation and delivery of dynamic content. Partner with us, and let’s create immersive experiences together! Learn more: Website, Instagram, Facebook, YouTube, Twitter About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, 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 to create 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. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium, Spotify Originally published at www.cudos.org. PlayTheCrowd and Cudos: immersive metaverse storytelling was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




Cudos Labs: development update! (08/09/2022)

Here’s what we’ve been working on: Current sprint: Cudos Dashboard: We improved the UX for the re-delegation process., We fixed an issue of following/opening a direct link to an Improvement Proposal., We fixed a caching issue occurring on the Validators page., We implemented a fix for the “Max” button when delegating to a validator., We finalised the implementation for the “My Delegations” tab on the Staking page., Related: Cudos Dashboard: streamlined staking and voting + APR update MultiSig Wallet We implemented multiple fixes for resolving Console errors., We finalised the pagination of the Transactions table., We finalised the functionality for users to add multiple new Wallet Owners at once., We completed the implementations around integrating the Address Book in the Single and Multi Transaction flows., We integrated the Address Book in the “Add New Owner” flow., We refactored the Wallet Creation flow to improve and reduce the code., Other We continued implementing a migration script for moving from Docker to a standalone binary., We optimised the upgrade process of forked repositories used in the Cudos Network., Related: Cudos Launches a Foundation to Champion Blockchain Adoption Next sprint: We will work on UX improvements of the Cudos Dashboard., We will continue with the documentation for the NFT Marketplace Module., We will set up the Token Mint project., We will conduct MultiSig Wallet code cleanup and refactoring., We will complete the Forked Repositories Update Methodology., medium.com Build on Cudos! We’re out to improve blockchain and cloud technology whilst reducing their harmful environmental effects. Our network offers a cheaper, more energy-efficient alternative for dApps, asset ownership, and transfer. Check out our docs and start building on Cudos today! Join the Cudos’ Discord server, Join the Cudos’ Telegram community, Buy CUDOS tokens, Become a Cudos ambassador, Come build on our mainnet! About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs and gaming experiences to realise the vision of a decentralised Web3, 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. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast Originally published at www.cudos.org. Cudos Labs: development update! (08/09/2022) was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




Cudos to have its own car in UFF Sports’ sim racing league

Cudos is thrilled to announce it will participate in UFF Sports’ new global sim racing league, VR-1 Racing. The league will showcase the world’s top crypto projects as part of an elite esports competition featuring the greatest sim racing drivers worldwide, contending for a substantial prize pool. Cudos will sponsor one of the cars in the VR-1 Racing league, extending its ongoing partnership with UFF Sports. Last month, UFF Sports announced that it will be moving its fast-growing digital sports ecosystem to the Cudos network as part of its ambitious plans to bring the entire sports world into the metaverse. The launch of the VR-1 Racing league will help to bridge crypto and esports, bringing the benefits of tokenised ownership to the more than 250 million people who regularly watch competitive online gaming and introducing crypto enthusiasts to the exciting world of sim racing. Cudos is proud to be at the forefront of this development, furthering its commitment to bringing gaming and blockchain together. Visit the VR-1 Racing website for more information! Crypto projects compete in an elite sim racing league UFF Sports’ VR-1 Racing league is a bold new development in esports, combining the high-end competition of pro gaming with the community spirit and fan ownership opportunities of the crypto space. The world’s top crypto projects will sponsor cars in the league, providing the perfect opportunity for friendly rivalry and community engagement. Who will end up in pole position? Concept in-game footage, source: VR1 Preview Show VR-1 Racing will deliver a simulated version of a season-long racing league, offering all the excitement and competition of the best real-world motorsports competitions. All events across the season will be broadcast on YouTube and Twitch and feature professional production and commentators, making for a thrilling spectacle. Assetto Corsa Competizione, the official GT World Challenge videogame, will provide the underlying tech. Assetto Corsa Competizione offers ultra-realistic gameplay and stunning graphics for a truly immersive sim racing experience — perfect for showcasing Cudos’ very own car on its way to victory! medium.com But what will the Cudos car look like? Well, that’s where the real community-building value of the VR-1 Racing league comes in. As launch approaches, we will be looking to our active and engaged community to take part in designing our world-beating racer before the league gets going. Make sure you keep an eye on our social accounts for forthcoming announcements about how you can take part. Powering the future of gaming with Cudo Compute The VR-1 Racing league is just the start of Cudos’ involvement in the esports world. We have not only cultivated an extensive range of partners across the gaming industry, but we’re also building a foundation for the massively open and interactive gaming experiences of the future through our decentralised cloud platform, Cudo Compute. The metaverse will mark the next evolutionary step for online gaming, including competitive, spectator-driven esports. But to realise this vision, we’ll need a robust, low-latency and sustainable computing infrastructure to power them — and that’s exactly what Cudo Compute will provide. medium.com Support our decentralised network The Cudos network is going from strength to strength following its recent mainnet launch, including a major new listing for its native CUDOS token on Crypto.com’s globally recognised exchange. If you want to support our project of powering Web3, you can also: Join the Cudos’ Discord server, Join the Cudos’ Telegram community, Buy CUDOS tokens, Become a Cudos ambassador, Come build with us today! P.S. Stay tuned for more updates from us, and visit the VR-1 Racing website to learn more! About UFF Sports UFFS is the world’s first fantasy sports ecosystem disrupting the way consumers play Fantasy Sports. We are passionate about building the best platform that will provide a superior experience to millions of sports fans worldwide. Learn more: Twitch, Telegram, Twitter, Facebook, LinkedIn, Instagram, YouTube About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, 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. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium Originally published at www.cudos.org. Cudos to have its own car in UFF Sports’ sim racing league was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




Earn CUDOS on Cosmos’ leading decentralised exchange — Osmosis Frontier

Earn CUDOS on Cosmos’ leading decentralised exchange — Osmosis Frontier - The UK-based distributed cloud network Cudos has announced that its token is now listed on the largest decentralised exchange (DEX) in the Cosmos ecosystem — Osmosis Frontier. This listing makes the CUDOS token even more accessible to users in the Web3 space. This is one small step toward Cudos’ ambition to power Web3 and a giant leap into the world of Interchain and Decentralised Finance (DeFi). Visit CUDOS’s incentivised pool on Osmosis Frontier and add liquidity now! This announcement also marks the beginning of Cudos’ interoperability with the Cosmos ecosystem by enabling Inter Blockchain Communication (IBC) for the first time, as can be seen on partner Cosmostation’s beautiful graph of IBC networks on Mintscan.CUDOS logo on Mintscan by Cosmostation Source: hub.mintscan.io Related: Pay with CUDOS on Shopify and WooCommerce via NOWPayments The initial Liquidity Pool for trading on Osmosis Frontier will be between the OSMO token and CUDOS, and users will now be able to swap between those tokens and many others on the Osmosis Frontier DEX. Users can also earn rewards by providing liquidity to the pool. More precisely, we offer an APR starting at around 30% on liquidity locked for 14 days in our pool. Please note that unbonding currently staked tokens in the Cudos mainnet and moving them to Osmosis Frontier will result in fewer rewards at the end of the month, given the 21-day unbonding period in our network, and that these initial rewards in Osmosis Frontier will run for 30 days only. We will follow up soon with more incentives for Osmosis Frontier. Stake pool liquidity providers will initially earn “External Rewards” on the platform. Proposals will also be made for “Internal Rewards” and for matching of the “External Rewards” to be included. Please look out for these governance proposals on Osmosis Frontier and vote when available! Cudos going live on Osmosis Frontier is beneficial for several groups of stakeholders. Those who are earning staking rewards on the native token and those receiving CUDOS as a payout token can now dive into the world of Decentralised Exchanges and Decentralised Finance. The build-up This listing follows months of hard work from our development and product teams. With regards to the overall context of this milestone, it follows from two other recent successes. Last week we launched The Cudos Foundation to drive blockchain adoption through grants for Web3 dApps. The week before, we celebrated one of our highest profile exchange listings, boosting availability across 90+ global markets by going live on . Related: Crypto.com lists CUDOS boosting availability in 90+ markets An expanding ecosystem Beyond Crypto.com, CUDOS is available on many other prominent exchanges. These include Huobi Global , , Bittrex Global , , and . The result has been rapid adoption of the CUDOS token over the past year, alongside the extensive growth of our of partnerships with industry leaders and innovative start-ups. Support Cudos If you’d like to learn more about the Cudos blockchain, visit our mainnet page for a complete overview of the benefits and ways you can get involved. You can also: Join the Cudos’ Discord server, Join the Cudos’ Telegram community, Buy CUDOS tokens, Become a Cudos ambassador, Come build with us today! P.S. Remember to visit our incentivised Osmosis Frontier pool and add liquidity now! About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs and gaming experiences to realise the vision of a decentralised Web3, 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. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast Originally published at www.cudos.org. Earn CUDOS on Cosmos’ leading decentralised exchange — Osmosis Frontier was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




Will Web3 help or hinder our net-zero ambitions?

The next generation of the internet, Web3, promises to revolutionise our online lives. It represents a new web iteration built on the principle of decentralisation. As a result, it will be designed by people, for people, with our best interests at heart. Though the shift to Web3 may be an exciting prospect, it must contend with other, bleaker prospects for our long-term future. The climate time bond is ticking away. Humanity is under enormous pressure to reach net-zero emissions and stop the global temperature rise from breaching 1.5°C. We could be heading towards an uninhabitable planet if temperatures climb any higher. It stands to reason that Web3 developers and blockchain creators should build with sustainability at the forefront. However, in reality, that isn’t always the case. The shift to Web3 is a unique moment of intense, fresh development, with the potential to free us from existing, outdated techniques. But whether it will move in an environmentally-friendly direction compatible with reaching net-zero emissions or towards a destructive future is, as of yet, unclear. What are net-zero emissions? Burning fossil fuels such as coal and gas produces harmful emissions that alter our climate, causing extreme weather, crop failures, mass extinctions, and disease. Net-zero emissions are the point at which the amount of emissions we release is in equilibrium with emissions taken out of the atmosphere. We can achieve this by reducing emissions, investing in renewable energy, and protecting natural resources like wetlands and forests that absorb carbon. In December 2015, over 130 world leaders joined the Paris Agreement to pledge net-zero emissions by 2050 to stop global temperatures from rising above 1.5°C. However, current emission trends could cause anywhere between 2.1–3.9°C warming by the century’s end. The current state of Web3 While the potential for sustainable development is limitless, the reality falls short. The largest cryptocurrency in the world, Bitcoin, is estimated to use more power globally than many countries, including Argentina, Finland and Chile. Bitcoin continues to use proof-of-work algorithms to validate transactions on its blockchain, a method that requires an ever-growing amount of energy. The New York Times estimates that bitcoin uses 0.5% of all energy produced across the planet.  — @nytimes Estimates of the amount of renewable energy used by Bitcoin vary from 30% to 75%. While some Web3 fanatics optimistically believe that cryptocurrency’s huge demand for energy will naturally boost the renewable energy industry, no such trend has emerged. A shortage of renewable energy supply coupled with a “profit over planet” development model, followed by most companies, hasn’t driven sustainable development. Can a decentralised cloud forge a sustainable future? The centralised cloud computing we use today to store our photos, contacts, and almost all of our digital assets has a devastating carbon footprint — almost on par with the entire aviation industry. Despite this, cloud computing is on the rise — almost 95% of all organisations use it in some form, and the market is estimated to be worth over $1000 billion by the end of the decade. Cudo Compute offers an environmentally-friendly, decentralised alternative to traditional cloud computing. A significant portion of computing power around the world lies dormant. Cudo Compute harnesses that power, allowing contributors to support sustainable technology and earn passive income. medium.com Using blockchain to improve carbon credits Offsetting — the practice of balancing higher emissions in one area with lower emissions in another — has received a mixed reception since its debut. It has significant potential to protect and restore the environment to its former glory. However, critics have argued that it doesn’t lower emissions and instead bounces responsibility from one person to the next. Nevertheless, some industries are slower than others in developing low-carbon technologies, and without offsetting, they wouldn’t be able to cut their emissions. While sustainable solutions are in development, offsetting provides a viable alternative. We’ve partnered with ClimateTrade and KyotoProtocol.io to help revolutionise carbon credits through blockchain technology. Historically, carbon credit companies have operated in mysterious ways, leading environmental activists and business owners alike to question their effectiveness. Thanks to the nature of blockchain — a public ledger where entries cannot be deleted — and our selected partners, we can guarantee full transparency and accountability.  — @ClimateTrade Tokenising climate change Blockchain technology can be used to determine your carbon footprint and track any changes. Self-executing contracts can automatically purchase carbon credits to offset your emissions. Tokenising renewable energy finally opens an avenue for complete transparency around offsetting. The energy source and its journey to you are well-documented, so you can rest assured you aren’t unwittingly using fossil fuel-derived energy. Applying the same principle to nature-based solutions, such as planting trees, restoring mangrove forests and protecting wetlands, gives conservation projects a much-needed boost. Despite environmental offsetting costing three to four times as much as energy-based offsetting in recent years, its popularity has surged. It provides a unique opportunity to cut emissions and restore flora and fauna, protecting the planet for future generations. Blockchain is a distributed, web-based technology that is unrestricted by physical borders. Tokenised carbon credits can have emissions standards and calculations encoded — leaving no room for dishonesty and guaranteeing authentic climate action. Can Web3 slow down emissions? With the development of tokenised carbon credits and a growing body of organisations dedicated to fusing blockchain technology and sustainability, Web3 has the potential to revolutionise the way we fight climate change. A recent study from the European Investment Bank found three-quarters of EU citizens don’t believe their government is doing enough to tackle climate change. Fundamentally, the public does not trust the people elected to protect future generations from the impacts of climate change. Cryptocurrency investor Adam Draper said, “The blockchain does one thing: it replaces third-party trust with mathematical proof that something happened.” The transparency that blockchain lends to climate action is invaluable. People are no longer expected to blindly trust governments or organisations that have disappointed them in the past — the proof is in the code. Ultimately, the direction that Web3 develops is down to its architects. The pattern of destructive development we’ve seen for centuries won’t go away unless we actively move in a different direction — one that is imperative for the future of humanity. How can you help? Cudo Compute is our decentralised cloud computing platform, built on the Cudos blockchain. With sustainability at its core, it will eventually support NFTs, the metaverse, big data rendering and much more. Cudo Compute will enter its early access testing phase in the coming months. Register your interest today if you want to participate and help develop an environmentally friendly and distributed cloud technology. About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, 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. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast Originally published at www.cudos.org. Will Web3 help or hinder our net-zero ambitions? was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




Cudos Labs: development update! (26/08/2022)

Here’s what we’ve been working on: Current sprint: Cudos Dashboard: We implemented a search bar on the Staking page of the Dashboard., We worked on minor issues around language and terminology improvements., We updated the Keplr configuration to allow for the “Stake”, “Claim Rewards” and “IBC Transfer” within the wallet application., We resolved a bug where a blank page appeared if the user did not have Keplr installed., We removed the Recoil library., We implemented a straightforward way for Validators to use the Dashboard to claim their commission rewards., We included the APY of the Cudos Network in the Dashboard., We fixed an issue where infinite loading occurred when there were no proposals., We refactored and improved the code base for various modals in the Dashboard., We implemented an improvement related to closing all modals on a backdrop click., MultiSig Wallet We implemented a fix for the MultiSend transaction, where an error is thrown if using multiple denoms when creating the transaction., We fixed the navigation routing paths, which were causing problems., We updated the MultiSig Keplr configuration to use the unified across projects settings of CudosJS., We implemented a fix for an address book issue, where an error occurred if there was more than one address in the address book., We improved how the wallet members count is handled in the historical plan., We implemented a MsgSend transaction as a group proposal in CudosJS., We implemented a fix for automatically displaying the transaction History tab rather than the Queue tab if there are no pending transactions in the Queue., We fixed an issue with “View All” transactions user flow on the Dashboard page., We completed the development for saving all data in the address book to Firebase., NFT Minting Portal We replaced the Infura integration with nft.storage one, medium.com Explorer We implemented an API endpoint on the Explorer V2 that returns the total supply of the Network as a single number., We fixed an issue identified on the Public Testnet, where Active proposals are shown as removed/invalid on the Dashboard and Explorer V2., We updated the Explorer to show reward withdrawers when delegation happens., We extended the visualisation of the transactions to show the rewards withdrawals., Other We implemented In-Store upgrades for upgrading private testnet to version 1.1.0., We implemented a cosmos-sdk fix to validator edit bug., We completed a research around a possible integration of Ethermint., We extended the CudosJS readme with example usages for the main functions of the package., Related: Cudos Launches a Foundation to Champion Blockchain Adoption Next sprint: We will aim to accommodate the upgrade of the Private Testnet to v1.1.0 and the potential deployment of the MultiSig v1.0.0 there., We will continue with our efforts to accommodate all changes required to move from Docker to a standalone binary., We will aim to allow developers to verify smart contracts through the Cudos Blast., medium.com Build on Cudos! We’re out to improve blockchain and cloud technology whilst reducing their harmful environmental effects. Our network offers a cheaper, more energy-efficient alternative for dApps, asset ownership, and transfer. Check out our docs and start building on Cudos today! Join the Cudos’ Discord server, Join the Cudos’ Telegram community, Buy CUDOS tokens, Become a Cudos ambassador, Come build on our mainnet! About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs and gaming experiences to realise the vision of a decentralised Web3, 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. Learn more: Website, Twitter, Telegram, YouTube, Discord, Medium, Podcast Originally published at www.cudos.org. Cudos Labs: development update! (26/08/2022) was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




Cudos Dashboard: streamlined staking and voting + APR update

Read on to learn more about our brand new Cudos Dashboard and an important APR update. But, if you’re keen to get the job done — vote now! dashboard.cudos.orgproposals/ Dashboard Cudos is excited to announce the new Cudos Dashboard, your go-to place for everything to do with your CUDOS token holdings. Upon opening dashboard.cudos.org you’ll be prompted to connect your Keplr Wallet. Once done, you’ll land on the Cudos Dashboard main page, which presents useful information about your available tokens. Moreover, you’ll be able to see your staked CUDOS and available rewards in the My Wallet section. The page also features real-time Network Statistics, including the current price, total amount stakes, active validators, online voting power and the latest block. The Dashboard only connects to the Cudos Network blockchain, so any functionality or token balances must be native tokens, not ERC20s on Ethereum. However, if you do hold non-native CUDOS you can easily bridge them to the network for staking via the Cudos Bridge. Source: dashboard.cudos.orgdashboard Staking On the Staking page of the Dashboard, you can see the complete list of validators alongside the option to Delegate to any of them. You can also find information on the voting power, commission, proportion of the total amount staked through that validator held by the validator itself, number of delegators, and current status. Source: dashboard.cudos.orgstaking Proposals Finally, the Proposals page allows you to view, deposit to, and vote on existing proposals, as well as create new ones. Source: dashboard.cudos.orgproposals/ APR announcement We have been having a lot of discussions recently about the discrepancy APR value shown in the explorer and the actual APR values received as rewards. Currently, the value in the explorer does not consider the difference in time between the block time estimate (5 seconds) and true block time (slightly over 6 seconds), which results in lower earnings than the APR value suggests. The APR value also doesn’t consider the community treasury tax rate that goes to the community pool to fund new promising projects. The CUDOS token on Ethereum was earning ~15% before our Mainnet launch. So far, earnings have been a few per cent less than that on Mainnet. Therefore, we are looking to adjust the block time estimate so that earnings make up for the decrease in the past two months since launch. Please note that the total number of tokens being distributed per block will be higher than it was in Ethereum, as we increased the rate when we moved to mainnet. However, the APR figure depends on the total staked, and it also decreases over time following our mint curve, so it will naturally decrease below the final Ethereum one. Related: Cudos’ blockchain mainnet tools and token staking update We’re making a governance proposal to adjust the block time estimate to 7 seconds for the next three months, after which we’ll make another proposal to change that estimate to the current average block time of just above 6 seconds. This will result in an APR (after block time adjustment and community tax deduction) of around 18% for the next three months. After those three months and the proposal to change to the more accurate 6-second block time estimate, the APR will come back to follow our release curve, which is developed to be more sustainable for the network and tokenomics. Make it count! Visit the Dashboard and vote for the proposal now! dashboard.cudos.orgproposals/ Note to validators We would also like to remind validators that commission rewards aren’t automatically sent to your wallets; to withdraw commission rewards, you only need to add the `–commission` flag when you withdraw your rewards via the CLI. As an example, you can use the command: cudos-noded tx distribution withdraw-rewards <CUDOSVALOPER ADDRESS> --commission --from <SELF-DELEGATION ADDRESS> --node <NODE:26657> --chain-id cudos-1 --gas-prices 5000000000000acudos --gas-adjustment 1.3 Support our vision of a decentralised Web3 As our vibrant ecosystem shows, we recognise how fundamental collaboration will be for the future of Web3. And as we begin to test our decentralised cloud platform, it’s more important than ever that we have the support of those who share our vision. Related: Cudos Launches a Foundation to Champion Blockchain Adoption For developers, the Cudos blockchain is now live and offering a range of significant benefits — see our mainnet page for more details, and come build with us today! You can also: Join the Cudos’ Discord server, Join the Cudos’ Telegram community, Buy CUDOS tokens, Become a Cudos ambassador, medium.com Reminder: See and vote for the APR update proposal now! dashboard.cudos.orgproposals/ About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, 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. For more: Website, Twitter, Telegram, YouTube, Podcast, Discord, Medium Originally published at www.cudos.org. Cudos Dashboard: streamlined staking and voting + APR update was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




The cloud industry sees strong growth amidst wider turmoil

At first glance, there has been very little cause for celebration in the tech industry this year. As the global economy slowed through the first quarter and inflation soared toward forty-year highs across the developed world, the tech giants seemed far from immune. Big Tech seemed like it might have the most to lose after the unprecedented bull run of the past two years. By April, even Jeff Bezos was hinting at the “painful” slowdown ahead. As it turned out, painful was an understatement. Following disappointing earnings reports, the tech giants shed more than $1tn in value in just three days in early May. And while things have recovered somewhat from the lows of May and June, some analysts think the worst may not be over. However, if we look closely, not all is doom and gloom. Some areas of the tech industry have continued to perform well, counterbalancing the otherwise dire news. The cloud computing industry has seen significant growth even amidst the broader downturn. While industry leaders Amazon, Google and Microsoft have struggled in other areas, their cloud divisions have bucked the trend: Amazon saw its AWS cloud services grow by 33% in Q2 2022, outpacing Wall Street estimates., Microsoft’s Azure grew even more rapidly, reporting 40% growth in the same period — far outpacing the company’s 12% overall gain in revenue., Google was slightly ahead of AWS with 35% growth, though it continues to struggle for profitability., Strong performances for their cloud divisions have helped Big Tech companies to offset the effects of a harsh macroeconomic climate — something that Microsoft sought to highlight in its quarterly results announcement. The cloud is here to stay The fact that the cloud industry has been resistant to the ongoing economic turbulence offers an important lesson. While specific aspects of the tech industry may see a slowdown or contraction in the coming years, the cloud will likely remain strong. And this is perfectly logical. Whatever the fate of a specific technology — AI, machine learning, or the Internet of Things, to name just a few — cloud computing will be necessary if any or all of them are to flourish. Thus, while certain sectors may be slow to evolve or may even see a decline, the cloud itself will remain essential. This makes cloud computing an exceptionally robust industry, even in times of significant economic turmoil. Recent market projections confirm this: according to one report, the market is expected to reach $1tn by 2028, at a compound annual growth rate of 15.8%. Given this, we need to actively consider what the future of the cloud will look like. At present, the highly centralised public cloud infrastructure faces several issues: Disruptive outages significantly hampering web traffic for prolonged periods., Escalating environmental costs due to reliance on hyperscale data centres., Latency issues due to the distance between the end-user and the data centre., These are problems that continued growth will likely only exacerbate — unless we can find an alternative. Thankfully, we can tackle all these issues with a single, radical solution: decentralised cloud computing. By distributing computing tasks across an open network, we can reduce the risk of outages and minimise the reliance on hyperscale centres while bringing computing closer to the edge — exactly what Cudo Compute will do. medium.com A decentralised future for the cloud In the coming months, our decentralised cloud platform Cudo Compute will enter its early access testing phase. Built on the secure and scalable foundations of the Cudos blockchain — which recently saw its mainnet launch — Cudo Compute will offer a distributed and sustainable alternative to the centralised cloud. If you’d like to help us build the future of the cloud, why not take part in our early access testing phase? We’re looking for data centres and enterprise systems that can help ensure our platform is robust and secure before launch. Register your interest today if you’d like to help. About Cudo Compute Cudo Compute is an ecosystem providing access to decentralised and sustainable cloud computing resources by leveraging underutilised computing power on idle hardware globally. We are the Airbnb for sustainable computing. Like Airbnb’s marketplace, which allows owners to rent out their unused homes, we facilitate businesses and individuals to lend their hardware’s unused compute to users/organisations that might need it. Our platform allows organisations and developers to deploy, run and scale based on their cloud demands. For more: Website, LinkedIn, Twitter Originally published at www.cudos.org. The cloud industry sees strong growth amidst wider turmoil was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




Earn CUDOS using HEALM’s unique AR mobile app

The decentralised cloud network Cudos is proud to announce its new partnership with HEALM, a multi-planetary metaverse. HEALM will soon launch an innovative AR mobile app that will allow players to earn crypto by discovering treasure chests in real-world locations. Players can earn CUDOS simply by exploring their local environment thanks to this exciting new partnership. By offering users an engaging and enjoyable way to earn crypto while they play, HEALM is helping newcomers find their feet in the crypto space. Players can build up their crypto holdings using their mobile devices and take their first steps into the metaverse. As Pete Hill, Cudos’ VP of Sales, says, “By partnering with HEALM, Cudos is accelerating our participation in the AR and metaverse space. HEALM’s long-term vision matches Cudos’ own goal of powering a universe of immersive worlds and interactive possibilities.” The earning opportunities for HEALM’s users extend beyond discovering treasure chests full of tokens. For example, HEALM will offer land ownership opportunities, allowing players to own the digital equivalent of real-world acres anywhere on earth. In addition, landowners will receive a share of all treasure discovered by other players on the acres they own, plus a 70% share of the revenue from immersive ads served to players on their land. HEALM’s long-term plans are even more ambitious: it is building an entire universe for players to explore. In the future, HEALM will support thousands of unique planets, each of which will offer its own distinctive experience. Players can use a compatible VR headset to truly immerse themselves in endless worlds of possibility and even design their own. Jesse Walter, CEO and co-founder of HEALM, commented: “HEALM is seeking to build a metaverse on the scale of the universe, but we want to start closer to home — right here on Planet Earth. By helping new and experienced crypto users to earn while they play, we’ll establish a strong foundation for our interplanetary ambitions. And with its goal of powering the metaverse, Cudos is a perfect partner.” Through this exciting partnership, HEALM will help Cudos widen the ecosystem of our scalable, sustainable blockchain solution, which recently launched its mainnet. The CUDOS token has a range of applications, including e-commerce transactions, staking, and voting on governance proposals. medium.com The CUDOS token will also form the basis for our decentralised cloud computing platform, Cudo Compute. Through Cudo Compute, users will buy and sell computing power in a secure, sustainable and scalable way, helping to ensure that computing-intensive innovations, including the metaverse, will not harm the environment. Register your interest today if you’d like to participate in our pilot phase. If you’d like to secure virtual real estate in HEALM’s multi-planetary metaverse before launch day, you can join their presale whitelist. Those in the whitelist will get exclusive access to the Land Block Presale Event. And thanks to HEALM’s partnership with Ready Player Me, you can already get started with making your own metaverse avatar ready for the journey to begin. About HEALM HEALM is a multi-planetary metaverse, offering players “worlds of possibilities.” The HEALM metaverse will include multiple layers, beginning with an augmented reality mobile application that allows players to use their smartphone to discover Treasure Chests and Crates filled with valuable cryptocurrencies, NFTs, and in-game assets. Land ownership will provide players with additional income/revenue possibilities. HEALM is also creating VR Planets, accessible on desktop or mobile (2D) as well as in 3D with a compatible virtual reality headset. As a company that supports decentralization, HEALM will provide players the opportunity to participate in the new metaverse economy through ownership of land, NFTs, and other in-game assets. Players can buy, sell, and rent land and NFTs, and even earn advertising income. Learn more: Website, Twitter, Discord, Medium About Cudos Cudos is powering the metaverse bringing together DeFi, NFTs and gaming experiences to realise the vision of a decentralised Web3, 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. Learn more: Website, Twitter, Telegram, YouTube, Podcast, Discord, Medium Originally published at www.cudos.org. Earn CUDOS using HEALM’s unique AR mobile app was originally published in CUDOS on Medium, where people are continuing the conversation by highlighting and responding to this story.




  CUDOS NEWS


Cudos Grows Globally with Highest Profile Listing to Date on Huobi

    [PRESS RELEASE - Please Read Disclaimer] Cudos, the United Kingdom-based decentralized cloud and computation network, has announced that its token CUDOS will list on Huobi Global, one of the world’s largest cryptocurrency exchanges. The CUDOS-Tether (USDT) pair will be tradeable on Huobi on March 30, 2022. This is the token’s highest-profile listing to date. The Cudos network is a multi-layered blockchain that aims to solve fundamental issues in computation, off-chain data gathering and cloud services. Its native CUDOS token is critical for its ecosystem’s efficient functioning. Utilizing a delegated proof-of-stake consensus model, the token secures the network and allows users to exercise power by voting on governance proposals. “Over the last year, the Cudos network has grown exponentially, demonstrating the enormous demand for environmentally friendly cloud and computation solutions. Our successful testnet, which attracted thousands of developers, is a testament to our community’s immense support and commitment. The Huobi listing is the latest validation of our efforts toward realizing our goals and underscores our dedication to expanding global access to CUDOS. As a compute network powering blockchain and the cloud by enabling anyone to contribute spare computing capacity, this listing expands our global coverage,” said Matt Hawkins, CEO of the Cudos network. Token Utility Tokenholders of CUDOS will gain access to wide-ranging benefits,... read More



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