CUDOS Security: How does CUDOS Ensure The Security of its Network and its Users?
The blockchain and cryptocurrency world is riddled with people and entities who are out there to ruin someone’s day to advance theirs. If it weren’t the case, the cryptocurrency scam industry wouldn’t be a billion-dollar industry.
So who do we turn to against these people? How do we protect ourselves in attacks like these?
Actually, none. It’s anybody’s game in the cryptocurrency industry, and your own business too. So apart from samaritans and CEX eager to save face against massive attacks, if you found that you’ve been drained of all your funds or your account is compromised, you’re all on your own to fend them off most of the time.
That being said, CUDOS does something different, especially for its people.
By coincidence or not, CUDOS offers pristine-grade security for its consumers and builders in more ways than one, namely:
POS Consensus: Proof-of-Stake isn’t only efficient in handling transactions within its blockchain, providing a seamless experience to its customers, but it is also coincidentally secure, in such a way that attacks could not be made against the entire network as each transaction is divvied up on a node.
Decentralized Cloud Computing: Since the manner in which data is stored and collected is through Decentralized Cloud Computing, it adds a layer of protection against breach attacks targeted at a whole server, considering that Cloud Computing spreads transactions and the added decentralized nature further divides each process in dedicated servers across the globe, altogether preventing the possibility of a network-wide crash brought about by targeted cyber attacks.
Altogether, along with the efforts of CUDOS’s very own batch of talented Buidlers, we make the network a safer place, and we’re hoping we can do the same for the whole industry in the near future.
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