Cronos zkEVM Completes Tethys Testnet Upgrade, Readies for Mainnet Launch

IconCryptoNewsTerminal Staff21 May, 2024

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Cronos zkEVM Completes Tethys Testnet Upgrade, Readies for Mainnet Launch

Cronos zkEVM, a zero-knowledge layer-2 blockchain, has achieved a significant milestone with the completion of its Tethys testnet upgrade. This upgrade brings Cronos zkEVM closer to its mainnet launch, which is anticipated this summer. The Tethys testnet upgrade marks a crucial step in the development of Cronos zkEVM. It introduces new features, including improved transaction speed and enhanced security measures, laying the groundwork for a robust and efficient mainnet. Earlier this year, Cronos (CRO) announced the integration of Cronos zkEVM with the Ethereum mainnet. This integration enables developers to build and deploy decentralized applications on Cronos zkEVM, leveraging Ethereum's vast ecosystem and user base. With the Tethys testnet upgrade now complete, Cronos zkEVM is poised to revolutionize the blockchain industry. Its unique zero-knowledge proof technology provides enhanced privacy and scalability, making it an ideal platform for a wide range of applications, from decentralized finance to gaming. The Cronos zkEVM mainnet launch is highly anticipated, as it will unlock the full potential of this innovative blockchain. Developers and users alike eagerly await the mainnet's arrival, which promises to drive innovation and adoption in the blockchain space.