Cronos EVM Completes Pallene Upgrade, Boosting Scalability with 60,000 TPS Capacity

Quick Summary:

The Cronos EVM v1.4.0 Pallene upgrade, which Cronos has completed, will significantly improve the network’s transaction processing power.

With capabilities that would boost transaction processing by up to 600 times, the upgrade marks a major breakthrough in blockchain scalability.

With over 6 billion US dollars in user assets, Cronos is one of the top 15 blockchain ecosystems.

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Article Details

Author / Journalist: Imran

Category: Crypto

Markets: United Arab Emirates

Topics: Blockchain Blockchain News Web3

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 10:58:19 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 553 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24377824

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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