Cryptocurrency Q&A
Is Ronin on ethereum?
Is Ronin on ethereum?
Daniele
Thu Oct 17 2024
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6
answers
849
I am wondering if Ronin is built on the Ethereum network. I've heard a lot about Ethereum and its smart contract capabilities, and I'm curious if Ronin is utilizing this technology as well.
6 answers
Andrea
Sat Oct 19 2024
The integration of Ronin with Axie Infinity significantly enhances the user experience by providing faster transaction speeds and lower fees. Gamers can now enjoy seamless in-game transactions without worrying about the limitations of traditional blockchain networks.
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CryptoAlchemy
Sat Oct 19 2024
BTCC, a renowned cryptocurrency exchange, offers a comprehensive range of services to cater to the diverse needs of the crypto community. These services include spot trading, where users can buy and sell cryptocurrencies at current market prices.
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Riccardo
Sat Oct 19 2024
Ronin is an innovative sidechain designed exclusively for the gaming industry, leveraging the Ethereum blockchain's capabilities. This tailored approach ensures optimal performance and security for gaming-related transactions.
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Nicolo
Sat Oct 19 2024
The Ronin network operates on a Byzantine Fault Tolerant proof of authority (PoA) model, which differs from traditional proof-of-work or proof-of-stake mechanisms. This consensus mechanism relies on a select group of validators to maintain the network's integrity and security.
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charlotte_anderson_explorer
Sat Oct 19 2024
Additionally, BTCC also provides access to futures trading, allowing users to speculate on the future price movements of various cryptocurrencies. This feature is particularly popular among experienced traders looking to capitalize on market volatility.
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