The score reflects the overall worthiness of the blockchain's ecosystem, as determined by regular monitoring and collective reviewing of the ecosystem.
Ecosystem score decreased due to decrease in documentation score
Documentation score decreased due to updates in node setup and validator nodes score
Decreasing documantion score because Skeleton code is not available
Increasing Foundation tools score because Essintials tools and SDKs added
Increasing Performance score because Node count has been added
The score depicts the network's performance rating based on metrics like avg TPS, nodes, gas fees, and uptime.
|PERFORMANCE MATRIX||VALUE||MONITORED AT|
|Gas Fee||539,693,686 gwei|
|Write Speed||1 ms|
|Read Speed||1,024 ms|
|Node Count||45,191 nodes|
|Reddit Total Members Online||3 members|
|Reddit Total Members||977 members|
|Discord Total Subscribers Online||1,879 subscribers|
|Discord Total Subscribers||24,484 subscribers|
|Telegram Err||15 err|
|Telegram Ppm||13 ppm|
|Telegram Views Per Post||47 views|
|Telegram Total Subscribers||7,027 subscribers|
The score represents the development support the protocol offers to developers in terms of tools and resources.
he score is derived by considering the documentation support offered by the protocol to help developers better understand the protocol's ecosystem.
The score reflects the protocol's progressiveness in allocating funds to support the developers who are building on top of the blockchain.
The score reflects how equipped is the protocol's ecosystem with add-on tools like code editors, IDEs and security
THIRD PARTY SERVICES
THIRD PARTY SERVICES
The score reflects the protocol's ability to provide third-party services such as Oracle integration, API management, and cloud services.
THIRD PARTY SERVICES
It reflects how well the protocol's support system works in terms of communication tools, DAO rating, development community size, and stack exchange, among other things.
It indicates how widely the protocol has been adopted in the industry, taking into account aspects such as the
number of developers that are using it and the number of transactional values.
The score depicts the protocol's overall responsiveness toward its members in online communities like Discord,
Telegram, Slack, Linkedin, etc.
Cronos (CRO) is the Crypto.com exchange's utility token. CRO can be used to pay platform fees and can also be staked to get other rewards. It grew significantly last year, thanks in part to Crypto.com's strong promotional efforts. CRO has struggled thus far in 2022, just like the rest of the crypto sector.
Cronos is built on the Ethermint blockchain framework and can run Ethereum as the application-specific blockchain of the Cosmos network. This implementation, therefore, helps Cronos developers to use all Ethereum’s unique features while also fetching the benefits like scalability and feasible costs in regards to the Tendermint-based SDK of Cronos which underlies the complete Ethermint framework.
Cronos consensus mechanism
The Cronos Chain functions on the basis of Tendermint Core’s Proof-of-Stake consensus engine and Proof-of-Authority consensus algorithm to achieve the consensus on the platform. These algorithm powers the validators to stake a part of their digital assets in the smart contract to reward participation at the time of validating the transactions. Cronos has the best of both the Ethereum and the Cosmos architecture with the help of the Ethermint framework, PoS consensus engine and the PoA consensus algorithm.
- EVM Compatible
- Cronos is built on Ethermint, a platform that allows apps and smart contracts to be quickly ported from Ethereum and other EVM-compatible chains.
- Cronos can process more transactions per minute than Ethereum, making smart contract execution faster, cheaper, and more environmentally friendly.
- Interoperability and bridging to the Crypto.org Chain and other IBC-enabled chains, such as Cosmos Hub, are made possible through the Inter Blockchain Communications (IBC) protocol.
- Proof of Authority
- A more simplified and scalable consensus technique that maintains security while using a variety of validators run by many distinct parties.
Founder of Cronos
Popular use cases of Chronos
- Crypto.com DeFi Wallet
- Trust Wallet