Cronos, a well known blockchain delivering interoperability between Ethereum and Cosmos. has announced an ecosystem advancement. Positioned well to complete the next realm of its global blockchain strike, Cronos associates with Exaion by EDF Group based in Europe.
This partnership will allow Exaion to act as a validator node in the Cronos EVM network, strengthening the protocol’s dedication to sustainable digital services.
Not only is this a technically integrated alliance, but also a strategic one to improve the operational integrity and governance of the Cronos network. Validator nodes like Exaion play a pivotal role in securing the network’s stability by validating transactions and producing new blocks. This process is crucial for maintaining the network’s decentralization and operational efficacy, with blocks being created approximately every five to six seconds.
Strategic Enhancements and Ecosystem Growth
The addition of Exaion to the Cronos ecosystem is part of a wider plan to govern with state-of-the-art, open-source platforms. This partnership goes well beyond mere technical assistance, as it roams into the realm of adding functionality and governance to the blockchain.
⚡️ Cronos welcomes Exaion, a subsidiary of Europe's largest electricity group, as its newest validator for Cronos EVM network.🔒 Exaion contributes to the stability and security of the #Cronos EVM network, becoming one of 32 validators responsible for decentralized transaction… pic.twitter.com/f92wZeGveW
— Cronos (@cronos_chain) June 20, 2024
He also noted how the partnership helps to join the dots between crypto-native developers and mainstream enterprises with comments from Ken Timsit, Managing Director of Cronos Labs: Including Exaion will further strengthen the network and extend its reach, particularly within the French blockchain scene.
Appreciating the energy of Cronos and the community involvement with new blockchain technologies such as DeFi, NFTs, & Web3 gaming Fatih Balyeli, CEO of Exaion said.
As well as already addressing a wide national audience, the powerful and versatile Cronos blockchain remains one of the preferred options globally because of its state-of-the-art technical basis – and this is further boosted by Exaion’s experience in digital sustainability and efficiency.
Exaion becoming a validator on Cronos further demonstrates the continued focus of Cronos in creating an environment and community across blockchain that is built on inclusivity and security. It will leverage the power of both Cronos and Exaion supporting each other to promote a sustainable and decentralized future.
