August 20, 2022 launches CRO token mainnet

1200 aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvNzFjMDBjZmEtZjAyYy00NjNkLThiYzAtMjVlYzhmNWNlZjM2LmpwZw

Cryptocurrency exchange has launched a fully decentralized open-source public blockchain, the Chain.

In an announcement today, the crypto exchange said it had launched its public blockchain after more than two years of research and development, two testnets, and a mainnet dry run with 275 million transactions reportedly processed within a month. The blockchain’s native token will be the Coin (CRO).

Last month, burned more than 70 billion CRO — roughly $10 billion at the time — in advance of the mainnet launch. The new chain has already processed more than 7,000 transactions at the time of publication, which said was aimed at “payments, DeFi and NFTs.”

“Decentralization matters,” said CEO Kris Marszalek. “Today, you are faced with bad options. You can use Blockchain A and pay high fees in a slow, congested, but decentralized environment. OR, you can use Blockchain B, fast, low cost, but known to be completely centralized.”

With more than 10 million users, the crypto exchange has made significant offerings this month with the launch of a nonfungible token, or NFT, platform withTitle: launches CRO token mainnet
Sourced From:
Published Date: Thu, 25 Mar 2021 21:00:00 +0000