Cronos zkEVM Testnet network gets upgraded to Tethys

Cronos zkEVM Testnet network gets upgraded to Tethys, with its testnet scaling creating the way forward towards Cronos zkEVM’s mainnet introduction. 

In the case of Cronos zkEVM, it is a zero-knowledge ZK layer 2 blockchain network harnessed by Ethereum. Its project revolves around ZK Chain, utilizing ZK Stack, which is delivered through an alliance with Cronos Labs, Matter Labs, Crypto.com, VVS Finance, Fulcrum Finance, and  Veno Finance. 

The fundamental dissimilarity of Cronos zkEVM includes the present user community, as well as its shared liquidity, along with its yield generating assets and account takeaways. 

The journey of the cronos.org site has witnessed substantial improvements in explaining how Cronos brings clear blockchain networks within its fold, such as Cronos PoS, meant for payments and NFTs, along with Cronos eVM, a top Ethereum adaptable blockchain created on Cosmos SDK, and Cronos zkEVM, the latest layer 2 network harnessed by Ethereum. 

Cronos zkEVM’s Tethys scaling idea has been taken from zkSync’s v24 introduction, creating a path for revolutionizing zkSync. 

Tethys comes with certain interesting features, such as a shared bridge, more cost-effective transaction fees, gas token execution, VM sort of 1.5.0 backing for builders, and added scaling. 

In the upcoming days, there will be the addition of maximized gas fee adjuster, CRO-less Li and L2 bridging and more secure permission mechanisms. 

The company will be coming out with a number of quests for users to be able to connect with the community, as well as receiving relevant feedback. 

The Cronos zkEVM alpha mainnet will be open to public consumption in the forthcoming days.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 67,831.17
ethereum
Ethereum (ETH) $ 3,506.58
tether
Tether (USDT) $ 0.998852
bnb
BNB (BNB) $ 608.03
solana
Solana (SOL) $ 150.71
xrp
XRP (XRP) $ 0.486922
dogecoin
Dogecoin (DOGE) $ 0.144132
cardano
Cardano (ADA) $ 0.43016