Blockchain
Cronos (CRO) welcomes EDF subsidiary Exaion as a new validator
Cronos (CRO), a leading blockchain ecosystem operating with Ethereum and Cosmos, has announced its latest partnership with Exaion, a subsidiary of EDF, Europe’s largest electricity group. According to Cronos, this collaboration will see Exaion join the Cronos EVM network as a validation node, furthering its commitment to engaging with leading blockchain protocols.
Exaion joins Cronos as a Validator
The integration of Exaion into the Cronos network marks a significant step in improving the stability and security of the blockchain. By becoming one of the 32 validators of the open source Cronos EVM protocol, Exaion will play a crucial role in decentralized transaction validation. Validators are responsible for producing or confirming new blocks approximately every five to six seconds, contributing to both governance and network updates.
This partnership is in line with Cronos’ strategy to collaborate with open source contributors and validators recognized for their technical expertise. Other notable contributors to the Cronos ecosystem include Crypto.com, Blockdaemon, and Allnodes.
Strategic development and community impact
Ken Timsit, CEO of Cronos Labs, highlighted the importance of this partnership, stating: “The Cronos ecosystem brings together crypto-native developers and communities with traditional users and established enterprises. The partnership with Exaion is a strategic development that enhances the Cronos brand recognition, brings new talent and expertise into the ecosystem and strengthens Cronos’ participation in the French blockchain community.”
Fatih Balyeli, CEO of Exaion, also shared his enthusiasm: “We were impressed by the technical depth of the Cronos developers and the enthusiasm of the Cronos user community for use cases such as decentralized finance, NFTs and Web3 gaming. Cronos is a worthy addition to the list of select blockchain protocols we support as validators, along with Avalanche, Bitcoin, Ethereum, EWF, Starknet, Tezos, Polkadot, Moonbeam, and Polygon.”
Speaking of Cronus
Cronos is a leading blockchain ecosystem that has partnered with Crypto.com and over 500 application developers and contributors, representing an addressable user base of over 100 million people globally. Cronos’ mission is to facilitate the adoption of self-custody in Web3, focusing on decentralized finance and gaming.
The Cronos universe includes three chains: Cronos EVM, an Ethereum-compatible blockchain built on the Cosmos SDK; Cronos POS, Cosmos chain for payments and NFTs; and Cronos zkEVM, a high-performance layer 2 network secured by Ethereum. Cronos is among the top 15 blockchain ecosystems, managing over $6 billion in user assets and having settled more than 150 million transactions since its inception.
About Exaion
Exaion, founded in 2020 by Fatih Balyeli and Laurent Bernou-Mazars, is a subsidiary of the EDF Group. The company supports industries in their digital transformation with a responsible and sustainable approach, including upgrading old supercomputers, using decarbonized electricity and recovering waste heat. Exaion’s mission focuses on accelerating data processing, security and user access control. Exaion Inc., its Montreal-based subsidiary, serves North American stakeholders. More information can be found on their official website.
For further details, please visit official announcement.
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