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Ronin is an Ethereum-linked sidechain designed by Sky Mavis, the creators of the popular blockchain game Axie Infinity. Launched in 2021, Ronin was developed to address the scalability and transaction cost issues faced by Ethereum, enabling faster and cheaper transactions tailored for gaming applications. It operates using a Proof-of-Authority consensus mechanism, relying on a limited set of trusted validators to secure the network while maintaining high throughput. The Ronin ecosystem features its native currency, RON, which powers network transactions and incentivizes validator participation. With a focus on enhancing user experience in blockchain gaming, Ronin aims to facilitate seamless digital asset ownership and trading within virtual economies, emphasizing both accessibility and efficiency.
