What does Cronos do?
Cronos (CRYPTO:CRO) is a decentralized, open-source, and energy-efficient public blockchain with high speed and low transaction fees. It is built on the Cosmos SDK and is compatible with the Ethereum Virtual Machine (EVM), making it easy for developers to port their existing Ethereum applications to Cronos.
Cronos is operated by a network of independent validators who are responsible for processing transactions and securing the network. Validators are rewarded in CRO, the native cryptocurrency of the Cronos network.
Cronos is supported by the Crypto.org ecosystem, which includes the Crypto.org App, Crypto.com Pay, and the Crypto.org Chain. This gives Cronos a strong foundation and a large user base.