Cloud 2.0:- Reimagine the Cloud with Cudos
Cloud computing is kind of topic which we aren’t talk about that much when we compare it with social media & things like finance but it’s far more important thing when we compare it with them, as people aren’t that much talk about this this is also one of the less innovative space out there basically there is monopoly of few tech giants so they don’t have to innovate because they know no will care about it as they know about it, but the time is changing people has started to talk about cloud computing compare to last few years because they understand how important this is for their product & services they launch or they use in daily life. Be have seen the recent failure of this when Facebook goes down for more than 6 six hours.
In this article we will explore how Cudo is innovating Cloud 2.0. Which can lead to the end of Monopoly of big tech.
Why do we need Cloud 2.0 ??
Monopoly is the worst for innovation & consumer satisfaction. This is the thing we all know, and everyone needs the better alternative for their current forced choice but when we talk about better options then we have to compromise with services and Cloud is kind of a field where we can’t compromise with the services. That’s why big tech doesn’t care about this, current Cloud computing infrastructure lags behind in so many things they are not cost effective, not 100% reliable. We have seen that in the most recent case of Facebook being down, it has a single point of failure & at the end they all are centralised system.
These are the few of many reasons why we need Cloud 2.0 and Cudo is one the kind of project currently working on it to tackle all the reasons we talked about, decentralising all processes with Cudos.
Solutions by Cudo
Cudo has shown ways they are tackling all the issues we talked about Cloud computing either talk about cost effectiveness or reliability.
When we talk about Cost efficiency then Cudo is building a marketplace where people with extra unused computing power can easily sell their computing power to other people. This step will dramatically decrease the cost to consumers as Cudo doesn’t have to build the huge cloud computing resources to sell them. This will enable peer-to-peer trade of Cloud computing resources by using Cudo’s marketplace.
Talking about Reliability, Cudos is there to insure this as all the process is going to be done on Blockchain with no single point of Failure as there are multiple Validators along the globe which will prevent the network to crash at any time.
Team is building the cloud keeping the consumer in mind ready for big Cloud computing demands with their on demand services where they can provide extra computing resources wherever you need. It’s also feasible for low computing needs when you don’t need them.
What is Cudos ??
The Cudos Network is a layer 1 blockchain and layer 2 computation and oracle network being designed to ensure decentralized, permissionless access to high-performance computing at scale and enable scaling of computing resources to 100,000’s of nodes. Once bridged onto Ethereum, Algorand, Polkadot, and Cosmos, Cudos will enable scalable compute and Layer 2 Oracles on all of the bridged blockchains. (Ref. Cudos article )
For more information visit:- CUDOS — The Global Compute Network
