- Sky Mavis created the Ethereum sidechain called Ronin.
- Axie Infinity’s Ronin has been tailored to serve as a long-term scalability solution.
- The site will serve as a crucial resource to help understand Ronin’s advantages.
Ronin is an Ethereum sidechain built by Sky Mavis, the developers of Axie Infinity. It supports EVM-compatible smart contracts and protocols so that developers are able to build high-performance, feature-rich blockchain projects. Ronin was specifically customized to be a long-term scaling solution for Axie Infinity, meaning it’s optimized to enable virality and to provide global access to the blockchain gaming revolution. These aspects make Ronin a natural fit for collectibles, art, and, of course, gaming.
In its current state, Ronin is a Byzantine Fault Tolerant proof of authority (POA) network operated by validators. At the bootstrap of the network, carefully selected, trusted validators were predefined to secure the network. Now, validators can be added or removed if the decision is approved by the majority of currently active validators.
The network has unveiled a new website where developers can learn about Ronin’s special advantages and how to begin developing with them.
“In order to double down on Ronin’s momentum, we are onboarding the next generation of world-class Web3 gaming and consumer application developers.” a tweet insisted.
Read CRYPTONEWSLAND on
google news
This site will be a key portal for developers to learn about Ronin’s benefits and story while applying for ecosystem support. Additionally, Web3 will help ensure that the next evolution of the internet empowers users with actual ownership of their money, data, and game assets.
Other network changes include a move from Ronin consensus to dPOS, which will enable total decentralization and let nodes freely join the network as candidate validators or miners. Since dPOS is based on an established reputation as an ethical stake rather than overall wealth, it is a more democratic method of selecting who verifies the following block.
Recommended News :
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
