Cryptocurrency Q&A
What blockchain is cudos on?
What blockchain is cudos on?
Leonardo
Sun Jul 21 2024
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7 answers
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Could you elaborate on the blockchain technology utilized by Cudos? Specifically, which blockchain does Cudos operate on? Given the numerous blockchain options available, it's crucial to understand the underlying technology to assess its potential. Is it a public blockchain, such as Ethereum, or a private or consortium blockchain? The choice of blockchain could significantly impact Cudos' scalability, security, and interoperability. I'm curious to know more about the technological foundations of this project and how it leverages blockchain technology to its advantage.
7 answers
Caterina
Tue Jul 23 2024
Participating in staking on the Cosmos SDK blockchain is a rewarding opportunity for holders of Cudos tokens.
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JejuSunrise
Mon Jul 22 2024
As a validator, one must meet certain criteria, including possessing a sufficient stake of tokens and maintaining uptime and reliability.
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isabella_bailey_economist
Mon Jul 22 2024
Delegators, on the other hand, can delegate their tokens to validators, earning rewards without the responsibility of running a validator node.
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CrystalPulse
Mon Jul 22 2024
By staking their tokens, users are contributing to the security and stability of the network, as they become validators or delegators within the decentralized ecosystem.
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SumoPower
Mon Jul 22 2024
Staking allows token holders to earn rewards for their participation, providing an incentive for securing the network and supporting its growth.
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