What is the difference between Cronos Chain and Cronos POS Chain?
Cronos is an EVM-compatible (Ethereum Virtual Machine) chain powered by Ethermint, built on the Cosmos SDK, which allows rapid porting of apps and smart contracts from Ethereum and EVM-compatible chains. On Cronos, users pay transaction fees in the $CRO cryptocurrency.
Cronos POS Chain is another Cosmos SDK chain that is primarily used for $CRO staking and as the backbone behind many Crypto.com applications. It aims to provide a fast transaction experience. (Croeseid Testnet is the testnet of Cronos POS Chain). On Cronos POS Chain, users also pay transaction fees in the $CRO cryptocurrency.
If you are an application developer who is creating smart contracts in Solidity and would like to deploy decentralized applications in a permissionless environment, Cronos is suitable for your needs.
Who is currently running as a validator on Cronos?
Cronos uses Proof of Authority (POA) consensus, a streamlined and scalable consensus mechanism derived from the Tendermint POS consensus.
There are currently 33 validators supporting the Cronos network, all leading infrastructure providers (see the list here).
How can I become a Cronos validator?
Cronos validators are by invitation only at the moment. Application for new Cronos validators are not currently open. We will make an announcement once applications re-open.
What is the chain-ID for Cronos Mainnet?
Cosmos Chain ID: cronosmainnet_25-1
What are the rate limits of the free JSON-RPC EVM endpoint for Cronos?
Cronos Mainnet: rate limit is 300 req/min/IP
Cronos Testnet: rate limit of 500 req/min/IP
If the limit is exceeded, the IP gets blocked for 1 minute. If you are expecting to consistently make more requests than what limits allow, you may consider setting up your own full node or contacting a commercial JSON-RPC endpoint provider (see Dev Tools & Integrations). You can also reach out to us on Discord for assistance.
If I increase the gas price, does it help to speed up my transaction?
Yes. The current mempool setting works in a priority gas fee manner, where transaction prioritization happens based on the gas price or priority fee.
Is there a bug bounty?
Yes, with HackenProof: https://hackenproof.com/cronos
FAQs
Cronos is an EVM-compatible (Ethereum Virtual Machine) chain powered by Ethermint, built on the Cosmos SDK, which allows rapid porting of apps and smart contracts from Ethereum and EVM-compatible chains. On Cronos, users pay transaction fees in the $CRO cryptocurrency.
How many blockchain networks are there in the Cronos ecosystem? ›
The Cronos universe encompasses 3 chains: Cronos EVM, the leading Ethereum-compatible blockchain built on the Cosmos SDK; Cronos POS, a leading Cosmos chain for payments and NFTs; and Cronos zkEVM, a new high performance layer 2 network secured by Ethereum.
How to access cronos network? ›
Update Cronos Mainnet
- Open Metamask and click the network name located at the top-right of the window.
- Click the Add Network button at the bottom of the pop-up window.
- After clicking Save, you will be directly switched to Cronos Network within the dropdown list.
Cronos POS Chain is a proof-of-stake (PoS) blockchain network and CRO Staking for everyday users is enabled via delegated-proof-of-stake (DPoS) consensus protocol.
What is the fastest EVM compatible blockchain? ›
Solana a non-EVM blockchain takes the first spot as the fastest blockchain followed by Sui another non-EVM blockchain, going by this list the fastest EVM-compatible blockchain is BNB Smart Chain (BSC). See: What is an Ethereum Virtual Machine (EVM)?
What is the difference between EVM compatible and EVM equivalent? ›
EVM compatibility vs.
EVM-equivalent chains are typically more expensive to set up and maintain than EVM-compatible chains, but they offer the advantage of complete compatibility with the Ethereum ecosystem.
What blockchain is Cronos built on? ›
Cronos is an Ethereum-Virtual Machine (EVM) compatible blockchain powered by Ethermint and built with the Cosmos SDK that supports the Inter-Blockchain Communication (IBC) protocol.
Can cronos reach $10? ›
Can Cronos Coin Reach $10? It's not unrealistic. However, the lack of competitive advantage, absence of speculative cash, and regulatory factors may be a huge barrier to CRO's ability to reach $10.
Is Cronos a layer 1 blockchain? ›
It was initially known as the Crypto.org Coin but was rebranded to Cronos in February 2022. Cronos operates on its own blockchain, which is a Layer 1 blockchain within the Cosmos ecosystem. This blockchain is designed to be interoperable with other blockchains within the Cosmos ecosystem, such as BNB Chain and Akash.
What type of network is Cronos? ›
Cronos is a blockchain with a native token CRO, designed as a nexus for decentralized finance (DeFi), non-fungible token (NFT), and metaverse projects in the decentralized application (dApp) ecosystem.
The Native CRO (on Crypto.org chain), the CRC20 CRO (on Cronos), and the ERC20 CRO (on Ethereum mainnet) are three cryptocurrencies that share the same token name, symbol, and value, but are actually different crypto assets using different chains. Ledger Live supports all three versions of CRO.
Is MetaMask Cronos compatible? ›
MetaMask. MetaMask can be used to check your cryptocurrency balances on Cronos and to interact with decentralized applications. You can download it here. The MetaMask mobile app and browser extension require additional configuration steps to connect to Cronos chain.
Who owns Cronos? ›
Cronos Group is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Altria Group, Inc. with 41% of shares outstanding. In comparison, the second and third largest shareholders hold about 2.8% and 2.6% of the stock.
Does Cronos Group operate in the US? ›
About Cronos Group Inc (CRON.TO)
The Company's segments include United States and Rest of World.
What is the max supply of Cronos? ›
CRO has a circulating supply of 26.94B coins and a max supply of 30.00B CRO.
Which blockchains support EVM? ›
EVM-compatible blockchains
- Binance Smart Chain.
- Fantom.
- Polygon.
- Avalanche.
- Cardano.
- Tron.
Therefore, EVM-compatible chains are blockchain networks that adhere to the same set of standards and protocols as the Ethereum blockchain. Being EVM compatible means that these blockchain networks can run Ethereum-based smart contracts and DApps without requiring significant modifications.
Which Exchange supports Cronos? ›
Cronos Exchange listings
- Crypto.com. $ 0.0822. $ 3.06 million. $ 3.06M. ...
- Upbit. $ 0.0832. $ 1.19 million. $ 1.19M. ...
- OKX. $ 0.0823. $ 749,230.19. $ 749,230.19. ...
- KuCoin. $ 0.0822. $ 347,053.89. ...
- Bithumb. $ 0.0827. $ 165,573.18. ...
- Gate.io. $ 0.0822. $ 124,754.85. ...
- DigiFinex. $ 0.0822. $ 96,064.71. ...
- MEXC Global. $ 0.0822. $ 83,361.91.
Users can use this tool to migrate their ERC20 CRO to the Cronos POS Chain first, and then use Cronos Bridge to transfer native CRO from the Cronos POS Chain to Cronos.
