The recent update of the Cronos network has significantly reduced block times, enhancing the platform’s performance and solidifying its rankings among blockchains.
Cronos Update and Its Significance
According to a press release, the Cronos update is scheduled to launch on the mainnet today, reducing the average Ethereum Virtual Machine (EVM) block interval from over 5.5 seconds to under one second. This achievement solidifies Cronos' position as one of the most compatible and low-latency EVM chains.
Comparison with Competitors
With this new finality time, Cronos ranks in the top 10 fastest blockchains for on-chain finality, competing with platforms such as Aptos, SEI, SUI, and Solana. The speed boost is also supported by recent scalability changes, including the parallel execution engine BlockTSM, introduced in the Pallene upgrade last December.
Future Prospects of Cronos
The combination of these two upgrades is expected to:
* Increase transaction throughput (TPS) * Enable near-instant responsiveness * Improve developer user experience (UX) * Reduce latency for real-time on-chain interactions.
Mirko Zhao, Cronos Labs Lead, stated: “By unlocking sub-second performance, we’re not just making the network faster — we’re enabling a new class of ultra-fast blockchain applications.”
The updates of Cronos highlight the team's long-term commitment to performance enhancement and meeting developers' needs, making the platform attractive for new applications.
