Cudos Launches Blockchain Compute Technical Preview Phase-1

Introduction

Cudos has made great progress towards its goal of giving everyone access to decentralised computing resources. With the recent release of Blockchain Compute technical preview, Cudos is uniting cloud and blockchain for Web3, moving us one step closer to fully realising the convergence of cloud computing and blockchain technology. By making Cudos one of the most affordable and moral sources of computing power while promoting user privacy and sustainability, this ground-breaking development is poised to transform the world of Web3 and increase its utility. We will look at why this is significant for the sector and how it will affect computing in the future in this article.

CUDOS Blockchain Compute

Cudos has been putting in a lot of effort to bring blockchain and cloud computing together. The technical preview of Blockchain Compute paves the way for complete decentralisation and acts as a building block for upcoming innovations. The technical preview serves as a launching pad for a completely decentralised market for all computing requirements.

The goal of Cudos Blockchain Compute to be more affordable and environmentally friendly is one of its main advantages.This aims to highlight Cudos as the most ethical and reasonably priced source of computing power. The service also aims to democratise access to computing resources by enabling users to use services even if they lack a bank account as long as they have a CUDOS wallet and some CUDOS in it.

By using wallet addresses to create pseudo-anonymity and guarantee data ownership, Cudos Blockchain Compute enables users to access services without disclosing personal information. The initial product features of Cudos Blockchain Compute include support for CUDOS as a form of payment, GPU passthrough for maximum performance, and flexible pricing based on consumption.

Our roots have always been in the computing space, according to Matt Hawkins, founder and CEO of Cudos. Seeing the incredible journey we have been on — from creating our own network to being able to provide this initial iteration of Cudos Blockchain Compute — has thus been incredibly gratifying. This is a significant advancement in meeting and exceeding our common objectives.

Read the official CUDOS announcement post to learn more about the future feature and the Cudos Blockchain Compute.

Conclusion

The convergence of cloud and blockchain services for Web3 is generally advanced by Cudos Blockchain Compute, which is a significant milestone. It seeks to democratise access to computing resources, advance user privacy and sustainability, and make decentralised computing resources widely available. Cudos aims to be the most affordable and morally responsible supplier of computing power with its open market and support for VMs powered by renewable energy. Cudos Blockchain Compute’s forthcoming product features present even more opportunities for a completely decentralised market for computing requirements.

About CUDOS

Cudos is a technology platform that aims to revolutionise the world of web3. It brings together innovative technologies like Decentralised Finance (DeFi), NFTs, the metaverse, and gaming experiences to create and empower the web3 world. Allowing all users to benefit from the growth of the network, Cudos is an open sourced, interoperable platform that provides the infrastructure required to meet the global demand for computing power, enabling fully immersive, gamified digital realities.

Cudos is a Layer 1 blockchain and Layer 2 community-governed cloud computing network. Its Infrastructure as a Service (IAAS) marketplace ensures that users have decentralised, permissionless access to high-performance cloud computing at scale. The native utility token of the network, called CUDOS, plays a crucial role in powering the platform.

To learn more about Cudos, you can visit the Website, follow us on Twitter, join our Telegram or Discord channels, watch our YouTube videos, read our Medium posts, or listen to our Podcast.

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