TI Rating Report - CUDOS

PROJECT INTRODUCITON

CUDOS is a decentralized layer-2 solutions provider platform, which provides cloud computing, cross-chain support, and oracle services. CUDOS is committed to solving the problems of insuffcient computing power, high computing cost, and lack of external data of the original solutions on the chain.

Smart contracts in layer-1 network could invoke CUDOS smart contract, which is also in the layer-1, to request computing work, APIs, or external data. The compute job is done by CUDOS Validator Nodes (CVN) off the chain. CUDOS Validator Node needs to stake 2 million CUDOS tokens to be eligible. After the calculation by layer-2 nodes, the result will be sent back to the CUDOS smart contract, and the original smart contract fetches it after the consensus check. Cudo, a distributed computing platform, works as the layer-3 to blockchains to provide even more added capacity. Cudo and CUDOS have the same CEO and CTO, and Cudo provides technical support for CUDOS.