Cronos newsletter (Jan 18, 2023)
The Cronos team is pleased to report that the latest Cronos Mainnet upgrade, “Galileo” (version 1.0), was successfully completed earlier today (January 18, 2023).
With the v1.0 version number, this release confirms that the Cronos blockchain network is well out of beta, having processed more than 65 M transactions for more than 1 M users without downtime.
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The major improvements introduced in Cronos v1.0 are as follows:
Mempool prioritization to scale TPS even further (transactions per second);
Optimized node storage: 30% less storage for full nodes;
Node performance improvements such as GRPC queries concurrent responses; generalized reduction of node start-up time by ~50%;
New Cosmos functionalities to pave the way for greater EVM/Cosmos interoperability (IBC incentivization, IBC token transfer memo field).
For more details about this upgrade, please read this earlier blog post.
As indicated in our last roadmap update, the work continues.
The Cronos protocol engineering team will continue to deliver Phase 1 optimizations of the protocol and database (short to mid-term) while further investing in the R&D work streams required for Phase 2 (Cronos Rollups, Cronos “Next Level”).
Meanwhile, the Cronos Labs team continues to grow the DeFi, NFT, and Web3 Gaming application ecosystem by scaling the Cronos Ecosystem Grants program and the Cronos Accelerator. Applications for the upcoming Accelerator Program are open until early March.
Meet the Cronos Labs team every 2-3 weeks for the Cronos Stream (video) to discuss recent chain and ecosystem news and meet app founders. The shows are announced on Twitter and can be also replayed on Youtube.
Cronos Labs announced the 6th batch of Cronos ecosystem grants:
Transak: fiat on-ramp integrated with Cronos chain (fiat to crypto). Now available in the US!
Snook: online, multiplayer, Snake-like IO game.
Legends of Bezogia: play-and-earn MMORPG game.
NFTScan: professional NFT explorer.
Footprint Network: on-chain data analytics.
Two new case studies of Cronos dapps have been published. Hear from app founders why you should build on Cronos chain:
Ledger self-custodial wallets now support your CRO holdings on Cronos chain (in addition to Crypto org Chain). Click "add account" in Ledger Live and select Cronos (CRO), as shown below. (Link to Tweet)
DexCheck, the analytics app used to track tokens, big trades, and top traders supports Cronos chain now. Check out the app at https://dexcheck.io/app/cronos/big-trades
If you are a Cronos Chain / #crofam builder, don't forget to register your dapp on the newly created Alchemy dApp Page! After clicking “Submit a project,” you can select Cronos under “What chain(s) is your project on?” Visit: https://www.alchemy.com/dapps?chain=Cronos
Tenderly, the all-in-one Web3 development platform for building, testing, monitoring, and operating smart contracts, announced that its Cronos integration is now live.
The Cronos Ambassador(CROnaut) Program is looking for ambassadors who are proficient in the following languages: Korean, Japanese, and Spanish. Interested parties can find out more info about the program here.
Official Cronos updates and blog posts can now be read in the Korean language. Check out the Cronos Community Korea Twitter account and the Medium blog.
Please subscribe to the Cronos newsletter and follow the Twitter account for timely updates.
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