Audit Date: 27 September 2022
ECOSYSTEM SCORE
27 September 2022
70
ALERTS
No Alerts
REVIEW NOTES
Sep 16, 2022

Ecosystem score decreased due to decrease in documentation score

Sep 16, 2022

Documentation score decreased due to updates in node setup and validator nodes score

Jun 21, 2022

Decreasing documantion score because Skeleton code is not available

Jun 21, 2022

Increasing Foundation tools score because Essintials tools and SDKs added

Jun 21, 2022

Increasing Performance score because Node count has been added

PERFORMANCE
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80
NODES

45,191 nodes

WRITE SPEED

1 ms

READ SPEED

1,024 ms

GAS FEES

539,693,686 gwei

UP TIME

100%

PERFORMANCE MATRIX VALUE MONITORED AT
Gas Fee 539,693,686 gwei
Write Speed 1 ms
Read Speed 1,024 ms
Uptime Percentage 100%
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
FOUNDATION TOOLS
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64
ESSENTIAL TOOLS
PROGRAMMING LANGUAGE SUPPORT
SDKs
DOCUMENTATION
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65
API DOCUMENTATION

Exists

100
NODE SETUP

Exists

80
SKELETON CODE

Doesn't Exists

VALIDATOR NODES

Exists

80
GRANT PROGRAM
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100
AVAILABLE GRANT

$300K

ADD-ONS
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55
THIRD PARTY SERVICES
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66
PROTOCOL SUPPORT
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0
ADOPTION
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100
DEVELOPERS

289

REPOSITORIES

19

COMMUNITY
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100

Overview

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 Architecture

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.

Features

  1. EVM Compatible
  2. Cronos is built on Ethermint, a platform that allows apps and smart contracts to be quickly ported from Ethereum and other EVM-compatible chains.
  3. Scalable
  4. Cronos can process more transactions per minute than Ethereum, making smart contract execution faster, cheaper, and more environmentally friendly.
  5. Interoperable
  6. 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.
  7. Proof of Authority
  8. A more simplified and scalable consensus technique that maintains security while using a variety of validators run by many distinct parties.

Founder of Cronos

Bobby Bao

Popular use cases of Chronos

  1. Crypto.com DeFi Wallet
  2. Nabox
  3. Trust Wallet
  4. CoolWallet