{"id":204152,"date":"2021-11-09T14:00:37","date_gmt":"2021-11-09T14:00:37","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=204152"},"modified":"2021-11-12T13:04:54","modified_gmt":"2021-11-12T13:04:54","slug":"crypto-coms-own-mainnet-beta-cronos-chain-goes-live-on-cosmos","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/crypto-coms-own-mainnet-beta-cronos-chain-goes-live-on-cosmos\/","title":{"rendered":"Crypto.com\u2019s own mainnet beta \u2018Cronos Chain\u2019 goes live on Cosmos"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Crypto services firm Crypto.com announced the launch of Cronos mainnet beta yesterday, making it the first Cosmos EVM chain for supporting DeFi, NFTs, and the metaverse.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/t.co\/vCNztABJoG\">https:\/\/t.co\/vCNztABJoG<\/a> Wallet Extension now supports Cronos Mainnet Beta! Connect your DeFi Wallet with DApps on Cronos via the browser extension \ud83d\udd17 <\/p>\n<p>Other new features<br \/>\ud83d\udd04 Network switching<br \/>\ud83d\udda5 Balance, network, and wallet details display<\/p>\n<p>Download now \ud83d\udc49 <a href=\"https:\/\/t.co\/bACqkcjvZn\">https:\/\/t.co\/bACqkcjvZn<\/a> <a href=\"https:\/\/t.co\/ErIHaT2QOF\">pic.twitter.com\/ErIHaT2QOF<\/a><\/p>\n<p>&mdash; Crypto.com (@cryptocom) <a href=\"https:\/\/twitter.com\/cryptocom\/status\/1457981505611853827?ref_src=twsrc%5Etfw\">November 9, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Cronos can massively scale the DeFi and decentralized application ecosystem by providing developers with the ability to instantly port apps from Ethereum and EVM-compatible chains.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With low cost, high throughput, fast finality, and built-in interoperability, Cronos is poised to <\/span><span style=\"font-weight: 400;\">bring decentralized applications to the 10 million user base of the Crypto.com ecosystem and beyond.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Leveraging Cosmos SDK, Cronos has built-in interoperability from day one. Its Inter-Blockchain Communications (IBC) protocol enables interoperability and bridging to the Crypto.org Chain and other IBC-enabled chains (e.g. Cosmos Hub). Cronos is uniquely positioned linking the Cosmos ecosystem and EVM ecosystem.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CRO is the native token of the Cronos platform, powering on-chain transactions with network fees paid in CRO. The growth of the Cronos ecosystem will bring additional utility to the CRO token with its existing use cases in the Crypto.org chain and Crypto.com ecosystem.<\/span><\/p>\n<h2><b>What Cronos does?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Cronos Mainnet is shipped with the Ethereum Virtual Machine that can execute user-submitted smart contract codes. It is compatible with the EVM on Ethereum which means developers can port their smart contracts from Ethereum and EVM-compatible chains to Cronos without hassle.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe are using the latest Cosmos SDK v0.44 family and the IBC v1 family. This makes Cronos offer the most up-to-date features and fixes from Cosmos SDK and can potentially connect with other Cosmos chains at ease,\u201d said Crypto.com in a statement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The token standard on Cronos is CRC-20. At launch, users could bridge selected tokens from Crypto.com App and Exchange by simply selecting Cronos network when depositing and withdrawal, and from Crypto.org chain to Cronos via<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For users that are bridging CRO from Crypto.org to Cronos, the Cronos Bridge will be available from day 1 for users to do so. The Cronos bridge supports fast, secure, and low-cost transfers between the Crypto.org chain and Cronos chain.<\/span><\/p>\n<p><em>Disclaimer: Crypto.com is an advertising partner of CryptoSlate.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto services firm Crypto.com announced the launch of Cronos mainnet beta yesterday, making it the first Cosmos EVM chain for supporting DeFi, NFTs, and the metaverse. https:\/\/t.co\/vCNztABJoG Wallet Extension now supports Cronos Mainnet Beta! Connect your DeFi Wallet with DApps on Cronos via the browser extension \ud83d\udd17 Other new features\ud83d\udd04 Network switching\ud83d\udda5 Balance, network, and [&hellip;]<\/p>\n","protected":false},"author":65,"featured_media":204107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46940,37],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto.com\u2019s own mainnet beta \u2018Cronos Chain\u2019 goes live on Cosmos<\/title>\n<meta name=\"description\" content=\"Crypto.com has announced the launch of Cronos mainnet beta, making it the first Cosmos EVM chain for supporting DeFi, NFTs, and the metaverse.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/crypto-coms-own-mainnet-beta-cronos-chain-goes-live-on-cosmos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto.com\u2019s own mainnet beta \u2018Cronos Chain\u2019 goes live on Cosmos\" \/>\n<meta property=\"og:description\" content=\"Crypto.com has announced the launch of Cronos mainnet beta, making it the first Cosmos EVM chain for supporting DeFi, NFTs, and the metaverse.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/crypto-coms-own-mainnet-beta-cronos-chain-goes-live-on-cosmos\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-09T14:00:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-12T13:04:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/11\/cryptoCom-cronos.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shaurya Malwa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shaurya Malwa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/crypto-coms-own-mainnet-beta-cronos-chain-goes-live-on-cosmos\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/crypto-coms-own-mainnet-beta-cronos-chain-goes-live-on-cosmos\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#person\",\"name\":\"Shaurya Malwa\",\"url\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"caption\":\"Shaurya Malwa\"},\"jobTitle\":\"Analyst\",\"description\":\"Post-mining his first bitcoin in 2012, there was no looking back for Shaurya Malwa. 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