Cronos EVM completes Pallene upgrade
On December 12th, Cronos, the EVM-compatible blockchain, has completed its v1.4.0 Pallene upgrade, making transaction execution up to 600 times faster. The upgrade enables parallel transaction processing within a single block by introducing Block-STM technology, allowing virtual machines to process up to 60,000 transactions per second (TPS). Pallene also introduced optimistic execution with Cosmos SDK 0.50 to optimize block processing and network responsiveness, and upgraded the Interchain Communication Protocol (IBC) to enhance cross-chain connectivity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
This Analyst Just Discovered What’s Really Going On With XRP
Mare Group issues 500,000 shares for 2025-2027 stock option and stock grant plans
Dark Defender Here’s Why Ripple CEO Can’t Say a Price for XRP
Defence Therapeutics completes $9.6 million private placement at $0.55 per unit
Crypto prices
More
