Cronos to Release Mainnet Upgrade on December 16th
Cronos will perform a network upgrade on December 16 at 07:00 UTC. The expected downtime is around 30 minutes. The exact timing and block height will be confirmed closer to the upgrade date. Users and node operators must review the required actions via the official documentation. Refer to the official tweet by CRO: 🚨 A network upgrade is scheduled for Cronos EVM Mainnet 🚨- Estimated upgrade time: Tuesday Dec 16th @ 7AM UTC- Network downtime is ~30 mins- Exact timing and upgrade block height will be confirmed later. We will send more details closer to the date.â€¼ï¸ Actions required ‼ï¸â€¦CRO InfoCronos is an open source decentralized blockchain developed by Crypto.com, a payment, trading and financial services company.It aims to massively scale the Web3 user community by providing builders with the ability to instantly port apps and crypto assets from other chains with low cost, high throughput, and fast finality. Cronos utilizes Ethereum Virtual Machine (EVM) technology, which allows it to be compatible with existing decentralized applications (dApps) built on Ethereum.CRO is a native platform token that can be used to conduct transactions and interact with decentralized applications (dApps).