The CRODO.IO project is a launchpad for projects in the Cronos Chain ecosystem.
Looking at the development of Crypto.com, the Crodo team began to understand the scale of its spread around the world. Just below you will find 5 benefits of the CRONOS protocol and 5 benefits of Crypto.com.
5 advantages of the CRONOS protocol
CRONOS is built on Ethermint, which supports rapid porting of applications and smart contracts from Ethereum and other EVM-compatible chains.
Cronos can process more transactions per minute than Ethereum, making smart contract execution faster, cheaper, and greener.
Interoperability and interoperability
The Inter Blockchain Communications (IBC) protocol provides interoperability and bridging with the Crypto.org chain and other IBC-enabled chains such as Cosmos Hub.
Proof of Authority (POA).
A more simplified and scalable consensus protocol with a consensus mechanism while maintaining security with different validators managed by different parties.
Cronos invites the entire community to review and make suggestions to improve Cronos.
5 benefits of Crypto.com
Crypto.com stood out not only for its extensive marketing, but also for its really useful features:
- It has developed a payment system that allows you to quickly set up the ability to accept cryptocurrencies on your site.
- It is an exchange that is already in 11th place according to CoinMarketCap.com
- Developed a convenient mobile application – wallet
- Implemented the ability to take credit loans
- There is a collaboration with VISA payment cards
The basic disadvantage of the Crypto.com network is the impossibility of development of the decentralized applications. For this by Crypto.com the additional network Cronos was developed. It implemented a high-quality support for EVM (Ethereum Virtual Machine), which allows the use of smart contracts, as well as a bridge with the main network, which allows easy exchange of tokens.
At the moment, the development of projects on the Cronos protocol is just beginning, so developers and users are very much in need of an IDO platform, with which the network will develop even faster. CRODO.IO is such a platform. From my point of view, it is a great opportunity for every crypto-investor to invest and multiply their money.