Cronos: who orders transactions?

Who controls it

Transaction ordering

Small validator set closely associated with Crypto.com

Escape hatch

n/a

Upgrade authority

In practice, one corporate group controls it.

Halts and outages

Ketju found no liveness problem that bears on the verdict.

Ketju assessment

Ketju does not approve Cronos: one exchange company, Crypto.com, governs its validator set and its direction. Ketju applies the same reasoning as for BNB Smart Chain. The verdict rests on structure. Cronos has had no exploit, and the verdict does not need one, because a single corporate operator that authorities can compel is enough. Ketju does not approve tectonic because it runs on this chain.

Review triggers

• None: Ketju does not approve this chain.

Each trigger names a fact anyone can observe. If one occurs, Ketju will review the assessment again. None is a forecast.

Questions before use

1. Does the client’s thesis require censorship resistance, or primarily low-cost settlement?
2. Can the client withdraw without help from the party that normally orders transactions?
3. Who can upgrade bridges or contracts, and what delay applies?
4. Does the asset introduce an issuer weaker than the chain grade?
5. What evidence will show a halt, censorship event, or governance change?