Cronos

Cronos is a blockchain platform developed by Crypto.com, aimed at enhancing the adoption and scalability of decentralized applications (DApps) and DeFi projects. It operates as a Layer-2 solution and sidechain to the Ethereum network. Cronos leverages the security and interoperability of Ethereum while providing faster transaction speeds and lower fees. It allows developers to port their Ethereum-based DApps seamlessly to the Cronos network, offering an improved user experience for both developers and users. Cronos plays a role in expanding the Web3 ecosystem by addressing the challenges associated with scalability and high gas fees on the Ethereum network.