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Cronos

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1 CRO = 0.07261 USD
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About Cronos

Cronos, previously known as Crypto.com Chain, is an open-source, decentralized blockchain platform designed to support a wide array of decentralized applications, ranging from DeFi and payments to GameFi and NFTs. Since its introduction in 2020, the blockchain has undergone a complex process of rebranding and name changing. Initially named Crypto.com Chain, it was rebranded to Cronos in February 2021.

The chain belongs to Crypto.com and is one of the solutions that the exchange offers to the public. It runs parallel with the Crypto.org Chain, another blockchain belonging to Crypto.com. The relationship between Cronos and Crypto.org Chain is akin to the relationship between BEP-2 Chain and BEP-20 Chain.

Cronos aims to be the foundational infrastructure for an open metaverse, serving the next billion Web3 users and providing them with the ability to experience the full promise of self-custody of their digital assets.

Resources

Whitepaper: https://whitepaper.cronos.org/

Official website: https://crypto.com

How Does Cronos Work?

Cronos is an Ethereum Virtual Machine (EVM) compatible blockchain powered by Ethermint and built with the Cosmos SDK. It supports the Inter-Blockchain Communication (IBC) protocol, allowing for seamless integration and communication between different blockchain ecosystems.

Cronos offers high transaction throughput, fast finality, and low transaction fees. Its Proof of Authority (PoA) consensus mechanism ensures scalable and environment-friendly transaction processing. The platform can deliver faster, cheaper, and carbon-neutral transactions compared to traditional proof-of-work chains.

Cronos uses the Tendermint consensus engine, a Byzantine Fault Tolerant protocol, ensuring instant finality, scalability, and security against malicious behavior. In terms of sustainability, Cronos is more energy-efficient compared to Proof-of-Work networks.

Cronos Labs supports the development of decentralized applications (dApps) in various domains including DeFi, NFTs, Gaming Metaverse, and more. Cronos Play, a suite of developer tools, streamlines the creation of gaming and GameFi applications.

Connectivity and Interoperability.

Cronos emphasizes interoperability, allowing users to transfer tokens from and to other IBC-enabled chains in a decentralized manner. The roadmap includes further enhancements in connectivity and interoperability, making Cronos a hub for cross-chain communication.

What Is CRO Token?

The CRO token is an integral part of the Cronos ecosystem. The initial total supply of CRO was 100 billion, but a lot was burned, so the current total supply of CRO is 30.26 billion. The current circulating supply of CRO is 25.2 billion.

It's used by end-users to pay network transaction fees, and validators collect it in the form of transaction fees. The token plays a vital role in the governance of the Cronos chain, and it's also involved in various ecosystem incentives and rewards.

Cronos validators also hold a dedicated staking token used for governance purposes, separate from the CRO token. This staking token represents their voting power in consensus and other on-chain decisions.

Conclusion

Cronos, with its rich history and evolution from Crypto.com Chain, stands as a testament to innovation and adaptability in the rapidly changing world of decentralized technology. Its focus on scalability, security, sustainability, and interoperability positions it as a key player in the Web3 landscape.

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coin.24Hcoin.7dayscoin.30dayscoin.90dayscalculator.common.one_yearcoin_market.all_time
-3.45%-3.61%-10.14%-12.16%+16.79%+267.33%

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24h$0.07256$0.07521
7d$0.07077$0.07700
30d$0.07077$0.08165
90d$0.06762$0.1058
1y$0.06183$0.1820
coin_market.all_time$0.01149(2018-12-17, coin_market.years_ago )$0.9698(2021-11-24, coin_market.years_ago )

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$1,929,422,689.26
-3.45%
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$2,178,369,623.83
-3.45%
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$6,053,233.7
-3.29%
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+88.00%
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0.0031
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26,571,560,000 CRO
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30B CRO
-- CRO
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3.3
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32.76K(#62)
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1.45K
+8%
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811(#23)
-12%
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0.08%
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15
+7%
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13%
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87%
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0%
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357
coin_price.reddit_ posts(24h)
94
+9%
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0
0%

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Silent Hill 2 Remake update 1.04 released with improvements in technical performance
Silent Hill 2 Remake update 1.04 released with improvements in technical performance

Share link:In this post: Silent Hill 2 Remake receives its first major update. Bloober Team has addressed several major bugs and issues in the gameplay. The new update also brings about technical improvements

Cryptopolitan2024-10-21 18:48

faq.name

What is Cronos price prediction?

it is assumed that in 2024, the minimum price of Crypto.com Coin will be around $$0.0562. The maximum expected CRO price may be around $$0.0791. On average, the trading price might be $$0.102 in 2024.

What can I do with Cronos?

Cronos boasts higher transactions per minute than Ethereum, offering quicker, cost-effective, and eco-friendly smart contract execution. Leveraging the Inter Blockchain Communications (IBC) protocol, it ensures seamless interoperability with the Crypto.org Chain, Cosmos Hub, and other IBC-integrated chains.

What is the difference between Cronos and CRO?

CRO is the primary token of Crypto.org and Cronos chains, known as Native CRO and CRC20 CRO, respectively. Cronos, an EVM-compatible layer 1 platform, is a hub for DeFi, NFT, and Web3 gaming apps, all fueled by developers worldwide.

Should I stake CRO?

Staking your CRO allows you to passively earn rewards for helping to secure the network. Through the Crypto.com DeFi Wallet, and by pairing it with your Ledger hardware wallet, you can easily and securely delegate CRO you want to stake.

Is Cronos owned by Crypto com?

Crypto.com is a cryptocurrency exchange company based in Singapore. As of June 2023, the company reportedly had 80 million customers and 4,000 employees. The exchange issues its own exchange token named Cronos (CRO).

How to stake CRO from MetaMask?

After purchasing CRO tokens on the Bitget exchange, Log in to your Metamask account. From there go to the “Stake and Earn” section and select “Stake CRO.” Input the number of tokens you want to stake, select “Review Staking,” and confirm.

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CRO/USDT

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BountyHunter-Q
BountyHunter-Q
insight1286/1300
12712.40%
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price_sidebar.total_pnl $263,874.97
PHOENXCORP
PHOENXCORP
insight107/750
251.91%
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price_sidebar.total_pnl $969,025.23

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