Cronos
CRO
Crypto
Utility
USD 0.047+0.22%
Cronos
UMushroom community rating:
About
Utility
Categoryn/a
Consensus MechanismL1
L1/L2n/a
Sub-cateegoryn/a
Ecosystem2021
Year of creation
Description
Cronos (CRO) is a Utility crypto coin. Cronos`s origin block was generated on 2021-03-25. More information can be found at https://cronos.org/.
Key Technical Advantages:
EVM Compatibility: Cronos is built on Ethermint, which allows for rapid porting of apps and smart contracts from Ethereum and other EVM-compatible chains. This means developers can build decentralized applications on Cronos using Solidity, a popular programming language for smart contracts. Scalability and Efficiency: Cronos employs a Proof of Authority (PoA) consensus mechanism, which is a more streamlined and scalable alternative to Proof of Work (PoW) and Proof of Stake (PoS) mechanisms. PoA offers faster transaction finality (5-6 seconds) and lower transaction fees, making it more environmentally friendly and cost-effective. Interoperability: Cronos supports the Inter-Blockchain Communication (IBC) protocol, enabling it to connect and interact with other IBC-enabled chains such as Cosmos Hub and Osmosis. This allows for seamless transfer of assets and cross-chain execution between different blockchains. Tendermint and Cosmos SDK: Cronos is built on Tendermint, a Byzantine Fault Tolerant (BFT) consensus engine, and the Cosmos SDK, an open-source framework for building PoS or PoA blockchains. These technologies provide Cronos with a secure and consistent foundation, as well as modular development capabilities. Open Metaverse Infrastructure: Cronos aims to support the creator economy through Web3 applications like DeFi and GameFi, serving as the foundational infrastructure for an open metaverse. This positions Cronos to potentially attract the next billion Web3 users and help them experience the benefits of self-custody of their digital assets. Content summarized by AI chatbotSource:
https://whitepaper.cronos.org/Key figures
-71.4%1Y
-19.9%3Y
-68.0%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
30.08.2022
USD 0.89
All Time High
5.24%
% of All Time High
-94.81%All Time
-87.65%1 year
Max drawdown
#33
Ranking by Market Cap
2,218.94 M
Market cap (USD)
0.00%
% of Market
180.393 B
Category Market Cap (USD)
1.23%
% of Category
98849693192
Circulating Supply
47316354737
Liquid Supply
47.87%
Liquid/ Circulating Supply
100000000000
Max Supply
98.85%
Circulating/ Max Supply
4763350
Volume Traded
0.21%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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