Cryptocurrency Q&A
Which chain is Ronin on?
Which chain is Ronin on?
ZenBalance
Sun Sep 22 2024
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6 answers
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Could you please clarify which blockchain network Ronin is built upon? As a cryptocurrency and finance professional, I'm interested in understanding the technical foundations of this platform and how it interacts with the broader blockchain ecosystem. Is Ronin a layer-1 blockchain or a layer-2 solution built on top of an existing blockchain? Additionally, what are some of the key features and advantages of the blockchain that Ronin utilizes?
6 answers
CryptoQueen
Tue Sep 24 2024
Ronin, a pioneering EVM blockchain tailored for the gaming industry, emerges as a formidable force in the digital realm. Orchestrated by Sky Mavis, the visionary minds behind Axie Infinity, Ronin boasts an unparalleled record in fostering vibrant game economies.
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CryptoAce
Tue Sep 24 2024
This robust platform stands as a testament to its capacity, having facilitated transactions surpassing the staggering figure of $4 billion in NFT volumes. This achievement underscores Ronin's unwavering commitment to fostering a seamless and lucrative environment for gamers and collectors alike.
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KimchiQueenCharmingKiss
Tue Sep 24 2024
One of Ronin's defining attributes lies in its capability to execute in-game transactions with remarkable swiftness, ensuring that users enjoy a frictionless experience. Transactions occur almost instantaneously, eliminating the need for prolonged wait times, thereby enhancing user satisfaction and fostering engagement.
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RubyGlider
Mon Sep 23 2024
Furthermore, Ronin minimizes transaction fees, a critical aspect that often deters potential participants in decentralized ecosystems. By reducing the financial burden on users, Ronin encourages wider adoption and fosters a thriving community driven by innovation and collaboration.
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CryptoWanderer
Mon Sep 23 2024
The seamless integration of Ronin with Web3 games positions it as a trailblazer in the evolving landscape of blockchain-based gaming. Its infrastructure not only supports the smooth Flow of digital assets but also encourages the development of novel game mechanics and immersive experiences.
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