CUDOS addresses this problem as a layer-1 (L1) interoperable blockchain by adopting cross-chain support. It is constructed using the Inter-Blockchain Communication (IBC) protocol and the Cosmos ecosystem. The Cosmos SDK ecosystem's various chains can communicate with one another thanks to the IBC protocol, which also makes it easier to transfer tokens, assets, NFTs, data, and develop cross-chain apps. The CUDOS network additionally facilitates transfers of assets to and from Ethereum into the Cosmos hub using the Gravity Bridge, with the option to move them across other Cosmos chains. Affordable transactions will be available on the soon-to-be-launched CUDOS blockchain, which will operate using its native utility CUDOS coin. The network is set up such that NFTs can be created, acquired, or transferred without paying high gas costs. 🔗 https://www.cudos.org 👨👨👦👦https://ift.tt/tvgmJ7h #blockchain #web3 via /r/Cudonians https://ift.tt/5mJIB6K
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