docs.roninchain.com/basics/introduction
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NFT sales by volume.
Ronin originally used Proof of Authority (PoA) consensus,
Ronin is an EVM blockchain specifically forged for gaming.
Launched by Sky Mavis, the creator of Web3’s breakout title Axie Infinity
Ronin is second only to Ethereum when it comes to NFT sales by volume.
Sky Mavis has implemented rigorous internal security measures to prevent future attacks. All code has been fully reviewed and optimized, with security experts auditing the entire architecture.
Ronin is secure
The PoA consensus, however, is also criticized for being less decentralized than other consensus mechanisms. It relies on a group of trusted validators to maintain the network, requiring a high degree of trust in the validators. This can be a potential point of failure if they act maliciously.
A benefit of PoA is that it requires less energy than other consensus mechanisms, like Proof of Work (PoW), because it does not need complex calculations to verify transactions. It also enables faster transaction speeds and lower transaction fees since blocks can be validated quicker.
aunched an update integrating Delegated Proof of Stake (DPoS) into validator selection. Anyone holding enough RON can become a validator.
DPoS is a consensus mechanism where token holders delegate their stake to select validators.
We put in effort to curate high quality apps and ensure there is minimal spam and high uptime for games.
Ronin is backed by Sky Mavis
Sky Mavis are the creators of the #1 NFT project by adoption and all-time volume—Axie Infinity
Ronin is backed by Sky Mavis
Ronin is backed by Sky Mavis
Thanks to Ronin’s massive traction and being pioneers in the space, Sky Mavis has been one of the first companies to face scaling roadblocks and security threats ahead of the rest of the market. In March 2022, Sky Mavis experienced The Ronin Validator Breach, where 173,600 ETH and 25.5M USDC were drained from the Ronin Bridge
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