# Cronos Chain (CRO)

Cronos is the first Cosmos EVM chain for DeFi, NFTs, and metaverse that aims to massively scale the DeFi and decentralized application ecosystem.

Cronos can massively scale the DeFi and decentralized application ecosystem by providing developers with the ability to instantly port apps from Ethereum and EVM-compatible chains.&#x20;

With low cost, high throughput, fast finality, and built-in interoperability, Cronos is poised to bring decentralized applications to the 10 million user base of the Crypto.com ecosystem and beyond.

**EVM Compatible**&#x20;

Built on Ethermint, which supports rapid porting of apps & smart contracts from Ethereum and other EVM-compatible chains.

**Scalable**&#x20;

Scalable Cronos can process more transactions per minute than Ethereum, making it faster, cheaper, and greener to execute smart contracts.

**Interoperable**&#x20;

Interoperable The Inter Blockchain Communications (IBC) protocol enables interoperability and bridging to the Crypto.org Chain, and other IBC-enabled chains, such as Cosmos Hub.

**Proof of Authority (POA)**&#x20;

Proof of Authority (POA) A more streamlined and scalable consensus mechanism consensus protocol while still maintaining security with a range of validators that many different parties run.

**Open Source**&#x20;

Open Source We welcome our community to review and provide suggestions to strengthen Cronos.

For more information on Cronos chain, please see the [official documentation](https://cronos.crypto.org/docs/getting-started/).


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