Cronos (CRO) Welcomes Exaion, EDF Subsidiary, as New Validator

Cronos
(CRO),
a
prominent
blockchain
ecosystem
that
operates
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
validator
node,
furthering
its
commitment
to
engaging
with
leading
blockchain
protocols.

Exaion
Joins
Cronos
as
Validator

Exaion’s
integration
into
the
Cronos
network
marks
a
significant
step
in
enhancing
the
stability
and
security
of
the
blockchain.
By
becoming
one
of
the
32
validators
on
the
open-source
Cronos
EVM
protocol,
Exaion
will
play
a
crucial
role
in
the
decentralized
validation
of
transactions.
Validators
are
responsible
for
producing
or
confirming
new
blocks
approximately
every
five
to
six
seconds,
contributing
to
both
governance
and
network
updates.

This
partnership
aligns
with
Cronos’
strategy
of
collaborating
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,
Managing
Director
of
Cronos
Labs,
emphasized
the
significance
of
this
partnership,
stating, “The
Cronos
ecosystem
brings
crypto-native
developers
and
communities
together
with
mainstream
users
and
established
enterprises.
The
partnership
with
Exaion
is
a
strategic
development
that
enhances
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
have
been
impressed
with
the
technical
depth
of
Cronos
developers
and
the
enthusiasm
of
the
Cronos
user
community
around
use
cases
such
as
decentralized
finance,
NFTs,
and
Web3
gaming.
Cronos
is
a
worthy
addition
to
the
list
of
select
blockchain
protocols
that
we
support
as
validators,
together
with
Avalanche,
Bitcoin,
Ethereum,
EWF,
Starknet,
Tezos,
Polkadot,
Moonbeam,
and
Polygon.”

About
Cronos

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
more
than
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
encompasses
three
chains:
Cronos
EVM,
an
Ethereum-compatible
blockchain
built
on
Cosmos
SDK;
Cronos
POS,
a
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
data
processing
acceleration,
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,
visit
the

official
announcement.

Image
source:
Shutterstock