Will The Launch Of Chronicle Protocol Be A Game Changer For Blockchain-Based Services?
Portfolio Pulse from Benzinga Neuro
Chronicle, the second-largest oracle provider, is launching a new protocol to make oracles available on various networks. The Chronicle Protocol will initially roll out on Polygon zkEVM, an Ethereum-compatible blockchain technology. The expansion aims to service the rapidly growing ecosystem and lay the groundwork for integrating Chronicle's key partner, Spark Protocol. The Chronicle Protocol is expected to use an estimated 60% less gas fees compared to other providers.

September 05, 2023 | 7:07 am
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The launch of Chronicle Protocol on Ethereum-compatible Polygon zkEVM could potentially increase the demand for Ethereum, positively impacting its price.
The Chronicle Protocol will initially roll out on Polygon zkEVM, an Ethereum-compatible blockchain technology. This could potentially increase the demand for Ethereum as more transactions are processed on the network, leading to a positive impact on its price.
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