LONDON, April 7, 2021 (Newswire.com) - German-based validator operator Virtual Hive, is the latest company to announce their status as a CUDOS validator. Providing a central European location is key to Cudos's strategy of globally positioned validator nodes. With over 10 years experience in crypto and blockchain, the Virtual Hive team brings undeniable expertise to the more recent model of hosting validator nodes, as well as providing staking services to their private network base.
"The onboarding and communication with the Cudos team was very efficient from the beginning. The close contact to the team was one reason for choosing to validate for the Cudos network. Furthermore, Virtual Hive wants to push progressive decentralization forward to escape the risk of web 2.0 platform domination. Our mission is to make the old tech stack obsolete and we think that Cudos is a vital player in this area. Therefore, they have our full support." -David Bohnhoff, CEO, Virtual Hive
"Virtual Hive entered the CUDOS token private sale very early on, demonstrating their industry knowledge, experience in running infrastructure for proof-of-stake networks and their understanding for how Cudos and Virtual Hive would benefit each other working in partnership. We're very proud to name them as one of our first validators and look forward to an exciting future for both of our companies." -Pete Hill, VP of Sales, Cudos
About Virtual Hive
Virtual Hive GmbH i.G. was founded in 2021 by three co-founders with a common belief; 'Pushing support for leading-edge technology will inevitably result in a better tomorrow'. Virtual Hive is an organization focusing on providing infrastructure for cutting-edge technology in the blockchain sector. We are passionate about new technologies, innovative economic mechanics and incentives. Our intrinsic desire to explore the unknown combined with our background in conventional enterprise best practices pave the path of our journey.
More information: www.virtualhive.io
Cudos is bridging the gap between Cloud and Blockchain by using the world's available computing to power a more decentralized, sustainable and connected world.
Cudos is being designed as a cross-chain, decentralized compute network, with CUDOS as the utility & infrastructure token designed to empower Web 3.0 operations on the network. The Cudos network will enable anyone to sell or consume excess computational resources, either via blockchain/smart contract or through more traditional cloud computing API's.
In essence, what this means is Cudos will be one of the few networks which can power other blockchains and scale to the demands of cloud computing required today.