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Cudos is a blockchain-based platform that aims to bridge Blockchain and Cloud. The platform offers layer 2 to various blockchains to tackle scalability issues.
A set of smart contracts have the role of computing oracles on the CUDOS platform, which can run code in any programming language, including Python, Go, and C++.
Codus is now trusted by users across 145 countries, including gamers, blockchain developers, and service providers. A reason for its popularity is that CUDOS offers a 10x more cost-effective solution than any other existing platform.
Next we aill talk about about Cudos Price Prediction for 2023, 2025 and 2030.
The Cudos network's primary vision is the efficient use of computing resources. Moreover, empowering organizations and people to earn by contributing to the world's computing and making it more accessible, cheaper, and more sustainable is the primary mission of this network.
Cudos Coin is the native cryptocurrency of the Cudos network. It has multiple functionalities, including staking, discounted fees, and network governance.
Cudos network connection to the outside world through the Cudos Validators Nodes (CVNs) is one of the main pillars of this network.
The Cudos smart contracts can determine the level of decentralization for the blockchain developers. Selecting CVNs' should receive and run the way to make this feature applicable.
It enables developers to choose and run suitable settings and configurations. CVN has completed the work when it comes to validation, sharing the results, and reaching a consensus.
In the CUDOS network, consensus can run either on-chain or off-chain to reduce the network transaction fees. This solution returns authority to developers, allowing them to determine the extent of decentralization they want and regulate the cost of the total request.
Offering a decentralized computing network to off-chain infrastructure consumers in addition to on-chain consumers makes Codus the pioneer of this kind of service. It is developed on the Cosmos blockchain and is highly secure due to utilizing the Tendermint protocol.
The Byzantine Fault Tolerant Bonded Proof of Stake mechanism, shortly called Tendermint Core, is the consensus engine used in Cudos Coin Network.
Validators are required to stake a given amount of Cudos Coin in the network to be able to validate transactions and earn fees from their contribution.
To reach a high degree of security and reliability, the Cosmos SDK’s staking, slashing, and governance modules are also leveraged in Cudos Coin Network.
Doing so ensures a minimum of 95% uptime and removes any kind of bad behaviors such as double-signing.
Cudos Coin, unlike many cloud services, allows users to buy as much or as little computing power as they need without having to pay the high fees associated with on-demand computing.
Maintenance and administration account for a large amount of company IT spending. These expenditures are eliminated with 63 Cudoc Coin.
Enterprises may use Cudoc Coin to streamline workflows, make better decisions, and decrease problems caused by human error.
Switching from your current cloud provider to Cudos Coin is estimated to save you more than 75% on average. The service will save 70 percent in CPU video rendering, 75 percent in university research, 85 percent in GPU video rendering, and up to 95 percent in simulations for the first customers.
Currently, the Cudos Coin has two phases to take, and its roadmap is based on Ingenii and Nabuim. In the following, you will read about the scope of these phases.
Cudos Network v1.0 is now in production with native Cudos Coin support.
V2.0 release of the Cudos Coin in which compute-power is augmented by a layer-3 pool of service providers from existing Mining and Compute communities.
One of the main pillars of the CUDOS network is the connection to the outside world, which is done through the CUDOS Validator Nodes or CVNs.
Blockchain developers can identify the level of decentralization via CUDOS smart contracts. This is applicable through selecting the amount of CVNs should receive and run. This allows the developers to select and choose the most suitable settings and configurations.
CVN has run the job when running the validation, share the result and consensus piece. Consensus in the CUDOS network can run either off-chain and on-chain in order to further reduce the network’s transaction costs.
This system gives the control back to developers and allows them to control the cost for the overall request and to choose the level of decentralization they want.
CUDOS token started to trade on the market on 01/14/2021. So, it's too soon to talk about CUDOS' annual Return On Investment (ROI).
However, it should be mentioned that if you had invested in CUDOS a month ago, you could enjoy 26% profit on your investment.
Also, the growth of CUDOS' ROI in comparison with similar projects is 36,816% higher. Based on CUDOS' market cap chart, it is obvious that an overall increasing trend has happened since October 2021.
CUDOS' market capitalization rank saw a sharp jump from the last week of August 12 to the time of writing this post (11/1/2021), rising from the rank of 617 to the approximate rank of ~530!
The price also saw a similar jump over the same period, going up from $0.32 to $0.34. However, CUDOS' liquidity score is 20% below the market's average score, which means that you might face some difficulties selling CUDOS in bear markets.
It is worth mentioning that All-Time High was ~$0.12 and All-Time Low was reported $0.019. Also, the CUDOS's price growth over the last year was 7.0%. Also, the overall market cap is reported $74,092,280.
Gaining public attention is a critical factor in determining the success of any project. Our data shows that CUDOS' popularity on Twitter was green over last month.
The Twitter followers increased 94%! However, Reddit subscribers growth was zero, and Telegram channel users saw a decline of -2%.
Cudos, according to some, is one of the most amazing cryptocurrencies to rise this year (CUDOS). The CUDOS price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.004906.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.004579 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. CUDOS is expected to have a minimum value of $0.003924.
In 2024, Cudos CUDOS price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of CUDOS will soon surpass $0.008176. However, we should wait to see if the CUDOS’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, CUDOS will trade with a minimum trading price of $0.006541 and an average trading price of $0.007195.
If the upward trend continues until 2025, it could reach $0.011446 and CUDOS may profit. If the market experiences a decline, the goal may not be met. CUDOS is expected to trade at an average price of $0.010465 and a low of $0.009811 in 2025.
According to our projections, CUDOS will be green in 2026. The CUDOS is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.014717, with a minimum price of $0.013081 and an average price of $0.013736.
After some extensive forecasting and technical analysis, we estimate the CUDOS price is expected to cross an average price level of $0.017006 by 2027, with a minimum price of $0.016352 expected before the end of the year. Furthermore, CUDOS has a maximum price value of $0.017987.
Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $0.020276.
If CUDOS manages to break the resistant level in 2028, we could see a maximum price of $0.021257, failing to gather the support CUDOS needs by 2028 could result in a low of $0.019622.
While CUDOS is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue.
So the minimum trade price has been placed at $0.022893 and a yearly price close above $0.024528 in 2029.
By 2030, Cudos will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.026163 and potentially reach a maximum price value of $0.027798, averaging out at $0.026817.
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