Connect with us

Hi, what are you looking for?

Top Stories supports Cronos cross-bridge mainnet beta launch

Cronos has announced the launch of its mainnet beta in a bid to facilitate greater interoperability between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems.

The release will enable developers to port decentralized applications (dApps), and smart contracts from Ethereum and EMV-compatible chains to the Cronos network at a low-cost and fast speed due to its Inter-Blockchain Communications (IBC) protocol integration. This will offer accessibility to’s 10 million-strong customer base.

Built upon the Cosmos blockchain and powered by Ethermint — a proof-of-authority consensus mechanism — Cronos operates adjacent to the chain.

In the days prior to the launch, the Cronos team published a Medium blog post to explain the intricate process of bridging assets cross-chain, for instance from’s ecosystem to Cronos, or bridging the platform’s native token CRO from’s chain to the Cronos chain via IBC.

Cronos announced their testnet service in July this year, and have reportedly since facilitated 1.5 million transactions from over 600,000 wallet addresses. At the time,’s CEO and co-founder Kris Marszalek said he expects an “explosion of activity on Cronos,” as well as pledging to foster the success of developers’ projects from inception to deployment.

Advertisement. Scroll to continue reading.

This advocacy was demonstrated by the launch of a $100 million grant fund by blockchain accelerator Particle B, designed to equally allocate $1 million to one hundred projects deploying their applications on the chain.

Related: Crypto​.com is the #1 app in the Google Play Store in the US

Since launch, the Cronos ecosystem has attracted over twenty validators including Bison Trails, a number of prominent decentralized oracles including Chainlink and Band Protocol, Wallets Metamask and, as well as partnerships with DeFi, NFT and gaming platforms and projects.

The Cronos roadmap going into Q1 and Q2 of 2022 outlines intentions to launch the mainnet version of Gravity Bridge, as well as integrate additional IBC channels and IBC tokens whitelist.