Cronos has announced the completion of the Pallene upgrade, a significant enhancement to its Cronos EVM v1.4.0. The upgrade introduces advanced scalability solutions, delivering up to 600 times faster transaction execution and preparing the network for the demands of next-generation blockchain applications.
Block-STM technology, which enables parallel processing of transactions within individual blocks, significantly boosts the network’s transaction throughput to 60,000 transactions per second (TPS). Key features of the Pallene Upgrade include: Block-STM Technology, Optimistic Execution via Cosmos SDK 0.50, and Enhanced Inter-Blockchain Communication (IBC).
Source
<p>The post Cronos EVM Surpasses 60,000 TPS with Pallene Upgrade first appeared on CoinBuzzFeed.</p>