What is Ronin blockchain?
Ronin is a blockchain network designed specifically for gaming and other high-performance applications. It was created by the team behind Axie Infinity, a popular blockchain-based game. Ronin uses a proof-of-authority consensus mechanism, which means that instead of miners, validators are selected based on their reputation and expertise.
Ronin is optimized for gaming and offers fast and inexpensive transactions, as well as the ability to support large numbers of users. It also supports non-fungible tokens (NFTs), which are used in many blockchain-based games and applications.
One of the main advantages of Ronin is its scalability. The network can handle thousands of transactions per second, which is critical for gaming applications that require fast and seamless interactions. Additionally, Ronin uses a sidechain architecture, which allows it to operate independently of the Ethereum blockchain and avoid congestion on the main network. This enables faster and cheaper transactions compared to using Ethereum directly.
Currently, the most well-known game on the Ronin blockchain is Axie Infinity. However, there are other games and projects that are being developed or already live on the Ronin network.
Some of the other games on Ronin include:
- Illuvium: A decentralized RPG game that allows players to collect and battle creatures.
- Ember Sword: An open-world MMORPG game that focuses on community-driven gameplay.
- Project K: A turn-based strategy game that allows players to collect and trade creatures.
- Nine Chronicles: A fantasy RPG game that is designed to be decentralized and community-driven.
There are also other projects and applications being developed on Ronin, such as decentralized exchanges, wallets, and other blockchain-based tools. With its fast and scalable architecture, Ronin has the potential to be a popular blockchain network for gaming and other high-performance applications.