Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Is a bitcoin -top income? What suggest these flashing indicators

2025-05-17

Genius Act votes on May 19: Will the US finally regulate Stablecoins?

2025-05-17

Jan 2024 SECs x Account Hacker received 14 months in prison for cyber fraud

2025-05-17
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

    2025-05-17

    Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

    2025-05-17

    Top 5 block chains due to 7-day growth in active addresses and transactions

    2025-05-17

    SFT protocol to redefine Web3 Sports Landscape in collaboration with Athleta Network

    2025-05-17

    Rideshare Company Lyft taps bee cards for decentralized mapping data

    2025-05-17
  • NFT

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14

    The Shibuya streaming platform from PPLEPPLEASR is back with 5 epic short films

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Billionaire Warren Buffett dumps $ 3,230,000,000 from Berkshire’s exposure to Citigroup, Bank of America and Capital One after leaving Wells Fargo, JPMorgan Chase

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Cronos EVM introduces Pallene upgrade with up to 600x faster transaction speed
Blockchain

Cronos EVM introduces Pallene upgrade with up to 600x faster transaction speed

2024-12-13No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Cronos, a leading blockchain ecosystem and the first blockchain to interoperate between Ethereum and Cosmos, announced the Cronos EVM v1.4.0 Pallene upgrade, which enables parallel transaction processing to increase transaction speed up to 600 times, as shared with Finbold on Thursday, December 12.

⚡Upgrade complete: Pallene is here! Cronos EVM now runs 600x faster with up to 60,000 TPS, paving the way for a new era of scalability.

Learn more about the Pallene upgrade: https://t.co/kL2HDlMkuU https://t.co/0M67bU39Uq

— Cronos (@cronos_chain) December 12, 2024

The new feature implements Block-STM technology to improve blockchain scalability by enabling parallel transactions within a single block. This allows the network to process up to 60,000 transactions per second (TPS), preparing Cronos EVM for the next generation of blockchain applications.

Additionally, the Pallene upgrade introduces two additional improvements: the optimistic execution via Cosmos SDK 0.50, which will optimize processing and increase network responsiveness, and an update to the Inter-Blockchain Communication (IBC) protocol, which will enable further cross-chain connectivity will facilitate.

Cronos EVM to support the development of Web3 and AI agents

Cronos Managing Director Ken Timsit praised the scalability of the new upgrade and announced the next step toward artificial intelligence applications:

“The Pallene upgrade is a decisive milestone for Cronos EVM as it positions the network to meet the scalability demands of next-generation blockchain applications. The blockchain virtual machine can now execute up to 60,000 transactions per second in parallel.”

Timsit added:

“The next step is to remove any remaining bottlenecks at the network layer, future-proofing Cronos EVM to support the rapid evolution of AI agents and other emerging use cases.”

The Cronos EVM v1.4.0 Pallene upgrade should help the blockchain ecosystem prepare for future use cases such as decentralized finance (DeFi), Web3 gaming and AI-powered agentic experiences.

See also  $2.9 billion in transfers and 115 connected blockchains

Additionally, the new upgrade brings Cronos one step closer to automating complex user tasks, from dapp interactions to portfolio management, with a particular emphasis on artificial intelligence due to its likely transformative role in Web3 adoption.

Source link

600x Cronos EVM Faster introduces Pallene speed Transaction Upgrade
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

2025-05-17

Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

2025-05-17

Top 5 block chains due to 7-day growth in active addresses and transactions

2025-05-17

SFT protocol to redefine Web3 Sports Landscape in collaboration with Athleta Network

2025-05-17
Add A Comment

Comments are closed.

Top Posts

Billions of dollars of tokenized Bitcoin moved to Ethereum, BSC and Solana

2023-05-17

Astar and Startale Labs announce a Web3 partnership with Japanese telecom giant KDDI

2023-10-24

Bitcoin SV (BSV) rings in 2024 with a 110% boom

2024-01-02
Editors Picks

CFTC Commissioner Says Majority of Tips in Whistleblower Program Involve Crypto

2023-11-02

“Financialization” of NFTs is moving at lightning speed, report illustrates

2023-05-15

Co-founders of Glassnode say that a ‘fundamentally strong’ crypto sector looks promising, Outlook is updated on Bitcoin

2025-02-08

Altcoins follow Bitcoin – but that is not always good

2025-03-14
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Is a bitcoin -top income? What suggest these flashing indicators

Genius Act votes on May 19: Will the US finally regulate Stablecoins?

Jan 2024 SECs x Account Hacker received 14 months in prison for cyber fraud

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,323.17-0.30%
  • ethereumEthereum(ETH)$2,482.66-0.95%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.37-0.41%
  • binancecoinBNB(BNB)$643.50-0.22%
  • solanaSolana(SOL)$167.61-0.73%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.216424-1.31%
  • cardanoCardano(ADA)$0.74-2.11%
  • tronTRON(TRX)$0.2721010.96%
  • suiSui(SUI)$3.76-1.62%
  • chainlinkChainlink(LINK)$15.44-0.79%
  • avalanche-2Avalanche(AVAX)$22.32-2.89%
  • stellarStellar(XLM)$0.287053-1.61%
  • hyperliquidHyperliquid(HYPE)$26.39-4.43%
  • shiba-inuShiba Inu(SHIB)$0.000014-0.65%
  • hedera-hashgraphHedera(HBAR)$0.191871-1.38%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-3.61%
  • bitcoin-cashBitcoin Cash(BCH)$398.29-0.34%
  • the-open-networkToncoin(TON)$3.080.51%
  • litecoinLitecoin(LTC)$96.92-3.19%
  • polkadotPolkadot(DOT)$4.63-1.71%
  • moneroMonero(XMR)$339.400.13%
  • bitget-tokenBitget Token(BGB)$5.102.92%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000012-1.45%
  • piPi(PI)$0.72-1.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • bittensorBittensor(TAO)$424.420.23%
  • uniswapUniswap(UNI)$5.77-3.27%
  • aaveAave(AAVE)$221.42-2.74%
  • nearNEAR Protocol(NEAR)$2.70-2.88%
  • aptosAptos(APT)$5.09-1.94%
  • okbOKB(OKB)$53.14-0.18%
  • ondo-financeOndo(ONDO)$0.92-0.85%
  • kaspaKaspa(KAS)$0.109483-5.68%
  • ethereum-classicEthereum Classic(ETC)$18.19-1.31%
  • internet-computerInternet Computer(ICP)$5.17-1.73%
  • gatechain-tokenGateToken(GT)$21.53-0.38%
  • crypto-com-chainCronos(CRO)$0.097779-2.51%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.731.16%
  • mantleMantle(MNT)$0.73-1.29%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233113-0.45%
  • vechainVeChain(VET)$0.027805-1.37%
  • render-tokenRender(RENDER)$4.55-0.74%
  • usd1World Liberty Financial USD(USD1)$1.000.06%
  • ethenaEthena(ENA)$0.364150-5.97%
  • filecoinFilecoin(FIL)$2.80-1.07%
  • algorandAlgorand(ALGO)$0.217010-2.01%
  • cosmosCosmos(ATOM)$4.73-0.73%
  • bitcoinBitcoin(BTC)$103,323.17-0.30%
  • ethereumEthereum(ETH)$2,482.66-0.95%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.37-0.41%
  • binancecoinBNB(BNB)$643.50-0.22%
  • solanaSolana(SOL)$167.61-0.73%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.216424-1.31%
  • cardanoCardano(ADA)$0.74-2.11%
  • tronTRON(TRX)$0.2721010.96%
  • suiSui(SUI)$3.76-1.62%
  • chainlinkChainlink(LINK)$15.44-0.79%
  • avalanche-2Avalanche(AVAX)$22.32-2.89%
  • stellarStellar(XLM)$0.287053-1.61%
  • hyperliquidHyperliquid(HYPE)$26.39-4.43%
  • shiba-inuShiba Inu(SHIB)$0.000014-0.65%
  • hedera-hashgraphHedera(HBAR)$0.191871-1.38%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-3.61%
  • bitcoin-cashBitcoin Cash(BCH)$398.29-0.34%
  • the-open-networkToncoin(TON)$3.080.51%
  • litecoinLitecoin(LTC)$96.92-3.19%
  • polkadotPolkadot(DOT)$4.63-1.71%
  • moneroMonero(XMR)$339.400.13%
  • bitget-tokenBitget Token(BGB)$5.102.92%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000012-1.45%
  • piPi(PI)$0.72-1.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • bittensorBittensor(TAO)$424.420.23%
  • uniswapUniswap(UNI)$5.77-3.27%
  • aaveAave(AAVE)$221.42-2.74%
  • nearNEAR Protocol(NEAR)$2.70-2.88%
  • aptosAptos(APT)$5.09-1.94%
  • okbOKB(OKB)$53.14-0.18%
  • ondo-financeOndo(ONDO)$0.92-0.85%
  • kaspaKaspa(KAS)$0.109483-5.68%
  • ethereum-classicEthereum Classic(ETC)$18.19-1.31%
  • internet-computerInternet Computer(ICP)$5.17-1.73%
  • gatechain-tokenGateToken(GT)$21.53-0.38%
  • crypto-com-chainCronos(CRO)$0.097779-2.51%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.731.16%
  • mantleMantle(MNT)$0.73-1.29%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.233113-0.45%
  • vechainVeChain(VET)$0.027805-1.37%
  • render-tokenRender(RENDER)$4.55-0.74%
  • usd1World Liberty Financial USD(USD1)$1.000.06%
  • ethenaEthena(ENA)$0.364150-5.97%
  • filecoinFilecoin(FIL)$2.80-1.07%
  • algorandAlgorand(ALGO)$0.217010-2.01%
  • cosmosCosmos(ATOM)$4.73-0.73%