Cosmostation joins the Cudos distributed computing ecosystem as validator
Cosmostation, an enterprise-level validator node infrastructure & end-user app provider, announced today it has joined the Cudos ecosystem as a validator Cudos is a layer-one blockchain and layer-two computation and orac...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Cosmostation, an enterprise-level validator node infrastructure & end-user app provider, announced today it has joined the Cudos ecosystem as a validator
Cudos is a layer-one blockchain and layer-two computation and oracle network designed to ensure decentralized, permissionless access to high-performance computing at scale.
With the partnership, Cosmostation will enhance the Cudos platform by using rewards and adding several products to the ecosystem including Cosmostation, Mintscan, and the Cosmostation Toolkit.
The Cosmosation protocol allows its users to access decentralized finance, delegate tokens, and earn rewards easily through their mobile application and the Mintscan block explorer. Cosmosation features security with multiple sentry nodes, a validator node, and a hardware security module.
“Cosmostation is one of the largest, trusted, and most-used staking providers in the Cosmos ecosystem. Their expertise and reputation in this space are precious to the Cudos ecosystem. They are a trusted and cherished partner to Cudos, and we look forward to collaborating on other projects in the future.”
– Nuno Pereira, VP of Partnerships at Cudos
Firstly, the Cosmostation explorer allows users to browse networks built with the Cosmos-SDK with Mintscan. The Cosmosation App Wallet enables users to sign transactions locally on a secure and convenient GUI, while the Web Wallet connects your hardware wallet for secure transactions. Finally, Defistation is a standalone DeFi leaderboard and analytics website for the Binance Smart Chain.
“The value proposition of the Cudos protocol is that it is essential for the next chapter of Web 3.0 infrastructure. Its Turing-complete cloud computing solution allows seamless data processing from a wide range of distributed networks, providing a robust platform for blockchain agnostic applications. Cosmostation is committed to building the future of interchain infrastructure and is delighted to join the Cudos ecosystem as a partner validator.”
– David Park, CMO of Cosmostation
The post Cosmostation joins the Cudos distributed computing ecosystem as validator appeared first on CryptoNinjas.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoNinjasRelated market context
Web3Auth pauses embedded wallet service after security issue, Keplr users hit
The incident highlights the vulnerability of centralized dependencies in decentralized ecosystems, urging a reevaluation of securi...
Samsung Wallet’s USDC on Solana Is Live — Here’s What the Rollout Actually Covers
TL;DR: A Solana Foundation update dated November 5 confirms that Samsung Wallet’s stablecoin account went live on November 2 for e...
StockFi: Connecting U.S. Stock with the On-Chain Ecosystem to Reshape Asset Circulation
Start with one stock. Connect two capital worlds. 6 November — Singapore — StockFi is advancing the connection between traditional...
Solana Labs-Backed Leap Launches Beta App for Tokenized Stocks and Crypto
TL;DR: Leap, described by Solana Labs as a mobile trading app for tokenised stocks, ETFs, metals, currencies and crypto, launched...
Solana’s October Upgrade Review Puts 200ms Slots and $5B in Tokenized Assets in Focus
TL;DR: Solana Foundation’s November 6 ecosystem review says two protocol changes went live in October: a reduction in target slot...
Why Coinbase Wallet’s Solana Trading Jumped 12x Without Incentives
If you already pay for this, I especially want your answer. We’re deciding what Unchained does next; new shows, stream times, and...