GetBlock provides blockchain-as-a-service for industry leaders. The platform contains multifunctional capabilities that can help you develop better, faster and more scalable decentralized applications. GetBlock offers access to node infrastructure for top 40 blockchains, including CRO nodes. If you want to find out how GetBlock can help you with your development needs, then you can learn more now.
What is Cronos (CRO)?
Crypto.com CEX is a popular crypto service provider. They recently launched Cronos CRO — an open-source Layer 1 network — to provide payment and staking services. Cronos is compatible with the Ethereum Virtual Machine through its Ethermint technology. This allows for assets to be transferred between EVM-based chains quickly. Crypto.org uses the Inter Blockchain Communications protocol, also known as IBC, to connect to other IBC-based chains.
Cronos operates on Proof-of-Authority consensus, which offers low fees, high flexibility, and reduced danger of 51% attacks.
Cronos (CRO) grows in popularity among developers
Cronos is a parallel chain to Crypto.org with over 10 million users. It's already been deployed by over 150 dApps and is particularly popular among developers making DeFi, GameFi and NFT apps. The platform's native cryptocurrency is CRO. It's also possible to stake CRO to earn the ability to validate the network and generate additional income from different services. Many experts believe that the token's power is crucial to the platform and see a lot of potential in its adoption in the future. Cronos provides a lot of official documentation on their website. This has attracted many developers to the network, raising its recognition. Cronos's user-friendly nature also makes it appealing to the general public. Plus, users can connect their MetaMask wallets to the chain or receive a $1 million grant from the CRO EVM Fund.