Joining Forces: Cronos Partners with Exaion
Cronos (CRO), a well-known blockchain ecosystem collaborating with Ethereum and Cosmos, has revealed its latest alliance with Exaion, a subsidiary of EDF, Europe’s largest electricity group. This partnership aims to integrate Exaion into the Cronos EVM network as a validator node, showcasing a dedication to engaging with top blockchain protocols.
Exaion’s Role as a Validator
The inclusion of Exaion in the Cronos network plays a crucial role in enhancing the blockchain’s stability and security. By joining as one of the 32 validators on the open-source Cronos EVM protocol, Exaion will actively participate in the decentralized validation of transactions. Validators hold responsibility for producing or confirming new blocks every five to six seconds, contributing to governance and network updates.
- Exaion’s integration into Cronos network strengthens stability and security
- Being a validator involves producing or confirming new blocks every five to six seconds
- Validators play a key role in governance and network updates
Strategic Partnerships and Community Impact
Ken Timsit, Managing Director of Cronos Labs, highlights the significance of this collaboration by stating, “The Cronos ecosystem brings together crypto-native developers, communities, mainstream users, and established enterprises. The partnership with Exaion is a strategic move that enhances Cronos’ brand visibility, introduces new talent and expertise, and solidifies Cronos’ presence in the French blockchain community.”
- Cronos ecosystem aims to bridge the gap between various stakeholders in the blockchain space
- Partnership with Exaion contributes to brand recognition and talent acquisition
- Strengthens Cronos’ position in the French blockchain community
About Cronos
Cronos stands as a leading blockchain ecosystem that has partnered with Crypto.com, along with over 500 application developers and contributors, representing a user base of more than 100 million globally. The core mission of Cronos is to drive the adoption of self-custody in Web3, with a focus on Decentralized Finance and Gaming.
- Cronos ecosystem comprises three chains catering to various blockchain functionalities
- Manages over $6 billion in user assets and has processed over 150 million transactions
- Fosters adoption of self-custody in Web3, emphasizing DeFi and Gaming
About Exaion
Established in 2020 by Fatih Balyeli and Laurent Bernou-Mazars, Exaion operates as a subsidiary of the EDF Group. The company supports industries in their digital transformation journey through sustainable practices, such as using decarbonized electricity and upgrading supercomputers.
- Founded in 2020 as a subsidiary of the EDF Group
- Focuses on digital transformation with sustainable practices
- Supports industries with data processing acceleration and security measures
Explore Further
For additional information, visit the official announcement on their website.
Image source: Shutterstock
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