01 - In a small bowl, combine the hot sauce, honey, soy sauce, smoked paprika, cayenne pepper, and garlic powder. Whisk until smooth and well blended.
02 - Using a sharp knife, make shallow diagonal cuts along the length of each hot dog, about ¼ inch deep, to allow the marinade to penetrate and promote even cooking.
03 - Generously brush each scored hot dog with the marinade on all sides. Set aside and let rest for 10 minutes at room temperature while preparing the toppings.
04 - Preheat a grill or grill pan over medium heat. Place the marinated hot dogs on the grill and cook for 7 to 8 minutes, turning occasionally with tongs, until caramelized and heated through to an internal temperature of 165°F.
05 - While the hot dogs are grilling, split the buns open and place them cut-side down on the grill for 1 to 2 minutes until golden and lightly crisped.
06 - Place each grilled hot dog into a toasted bun. Layer with shredded cheddar cheese, pickled jalapeño slices, chopped red onion, julienned carrot, and julienned cucumber.
07 - Drizzle with mayonnaise if desired and sprinkle fresh chopped cilantro over the top. Serve immediately while hot.