On December, 23rd, 2020, Ronin Testnet was released to the public and more than two months later, the Ronin Mainnet was launched on February 1st, 2021.Īccording to Sky Mavis, Ronin will come with: The foundation also plans to integrate community validation eventually, but needs efficiency and control to roll out features and keep the chain running smoothly in the short term. Validators on Ronin are responsible for authoring and validating blocks, updating price oracles, approving deposits and transferring assets (ETH, ERC20 and ERC721) to and from Ronin. Therefore, the team has recruited an all-star cast of partners from the traditional gaming, crypto, and NFT space to serve as validators of the network such as Binance, Unisoft, Animoca,,. In the early stage of the Ronin Network, Sky Mavis will have sole discretion around validators. PoA is a modified version of PoS and validators on PoA are usually less than 25. Ronin Network Mainnet Launch How does Ronin Network work? Ronin Network is an Ethereum-linked sidechain made specifically for blockchain gaming built by Sky Mavis - A company behind Axie Infinity. Which is the secret that makes Ronin outstandingly achieve these outcomes? Let's jump into the Ronin Network to see why it could be huge in the future! What is Ronin Network? The network is Ronin - A sidechain made specifically for Axie Infinity.Īlthough Ronin Mainnet was launched just in February, 2021, Ronin Network has accomplished an impressive milestone of 5 million USD in deposited assets and 2 million wallet downloads. Axies, a global phenomenon in the blockchain gaming industry, first introduced its new network in the second half of 2020 with an aim to seek a long term solution that makes participating in the Axie game & economy fast, cheap and seamless.
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