Cronos Chain Updates | Web3Auth Integrates With Auth0 | July Week…

The Cronos Chain ecosystem has interesting weekly updates. Thus, Altcoin Buzz covers the updates from the third week in July to keep readers informed.

In this article, we cover the changes to block size on Cronos Chain. As well as, Web3Auth’s integration with Auth0.

1 – Significant Adjustment Takes Place on Cronos Chain

Recently, Cronos Chain revealed that significant changes had been made to its block size. It has increased to 40 million gas, which is also double the previous size. In other words, they will now be able to carry out double the number of transactions in a day.

Notably, this change in block sizes won’t have a major effect on transaction fees despite the fee market mechanism from the last upgrade.

This upgrade follows an earlier upgrade on the 15th of May. However, the Cronos team still want to optimize the blockchain to improve throughput for DeFi and Web3 gaming use cases.

1/3 We are pleased to announce that the block size of Cronos chain has been just doubled (from 20 million to 40 million gas)?

This means that Cronos chain can process twice the previous number of txs per day! This follows a previous doubling that took place on May 15th. pic.twitter.com/6lkT9A5urX

— Cronos (@cronos_chain) July 15, 2022

2 – Web3Auth Integrates With Auth0

During the week, Web3Auth integrated with Auth0, a Cronos Chain-supported system. With this integration, developers will now be able to make it possible for their users to set up and monitor crypto wallets via email and their social login.

Notably, the Auth0 Marketplace will now support the Web3Auth innovative key management system that changes an app into a dApp.

Web3 developers: now your users can create and control crypto wallets using email / social login via @Web3Auth and their integration with @Auth0, compatible with @cronos_chain . https://t.co/gyjdnlKCBp

— Cronos (@cronos_chain) July 15, 2022

3 – Cronos Chain to Sponsor Witty Creatures

In addition, Cronos Chain is collaborating with Witnet to sponsor Witty Creatures at the Ethereum Community Conference. The conference is taking place from July 19th till July 21st.

Additionally, CRO members attending the conference are encouraged to visit the Witnet booth and participate in a reward program.

Cronos Chain has partnered with @witnet_io to sponsor #wittycreatures at @EthCC! Calling all #crofam : If you’re at #EthCC go to the #witnet booth, grab a #wittycreatures and choose Cronos to mint on. Prizes include $1k worth of CRO, a World Tour NFT, and a Witnet NFT. pic.twitter.com/QVwthw4NCS

— Cronos (@cronos_chain) July 19, 2022

4 – Cronos Chain Reaches New Milestone

Finally, Cronos Chain, the blockchain that interoperates with both Ethereum and Cosmos ecosystems, announced the attainment of a new milestone. The blockchain has completed 50 million transactions on its blockchain.

However, they are setting their sights on attaining the next 50 million transactions.

New Milestone: @cronos_chain has exceeded 50 Million transactions ? pic.twitter.com/7czi7mOVBA

— Cronos (@cronos_chain) July 13, 2022

$CRO Coin Price Outlook

As of the time of publication, Cronos price was $0.138922 with a 24-hour trading volume of $32,492,873. In addition, CRO price rose by 8.4% over the last 24 hours. It also has a circulating supply of 25.2 billion CRO coins and a total supply of 30.2 billion.

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