Cronos, developed by the team behind Crypto.com, emerges as a promising layer-1 blockchain aiming to blend the best of Ethereum and Cosmos ecosystems through its Ethereum Virtual Machine (EVM) compatibility and Inter-Blockchain Communication (IBC) support. With a delegated proof-of-authority consensus mechanism, it focuses on energy efficiency, speedy transactions, and lower fees. Cronos champions the burgeoning creator economy, facilitating a robust platform for web3, DeFi, and GameFi applications, and ambitiously positions itself as the foundational infrastructure for an open metaverse
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