Why is scalability important? The CUDOS Answer

Ever since the creation of bitcoin and the boom of cryptocurrencies in popularity. People have been buzzed by the problems of high transaction fees and longer wait times, despite the indirect promises of a faster, more efficient way to transact given that cryptocurrencies are inherently decentralized in nature.

Applying scalability in the equation is easier said than done, on the other hand. Most cryptocurrency projects don’t make it out of the mainstream barrier, and thus scalability oftentimes gets side-tracked for more sought-for traits like utilities, and an expansive roadmap.

Then CUDOS came along, hitting the proverbial two birds with one stone. Introducing Proof-of-Stake which not only improves the efficiency of transaction processes in their native network but also posits the promise of a more scalable project that will withstand the tests of the market and time.

How were they able to do it? Simple, implement a transaction validating system that does not require the whole chunk to verify and confirm the transaction, instead, assign nodes powered by the cloud, pay validators to do the work for you, and profit in the process.

This so far has worked wonders for the CUDOS network, and some newly made project already followed their footsteps, furthering their goal even more which is to reinvent the cryptocurrency scene by making it faster and more efficient than what it currently is.

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