About Cronos

Cronos is a high-performance Layer-1 blockchain that leverages the Cosmos SDK and is designed for institutional use. It is EVM-compatible and incorporates the Inter-Blockchain Communication (IBC) protocol, positioning itself as a robust infrastructure for tokenized markets that prioritize compliance and accessibility, particularly in the realm of artificial intelligence. With its capability to handle up to 60,000 transactions per second and block times of 500 milliseconds, Cronos aims to provide a seamless experience for users and developers alike. The blockchain operates on a Proof of Authority consensus mechanism, ensuring low transaction fees, typically under $0.01, while achieving instant finality. This combination of speed, efficiency, and cost-effectiveness makes Cronos an attractive option for organizations looking to build and scale decentralized applications in a secure environment. Its architecture is tailored to support a wide range of use cases, facilitating the growth of a diverse ecosystem of tokenized assets.