Guavy AI Editorial TeamSentiment: 4Clout: 85

Ronin Transitions to Ethereum Layer 2 for Enhanced Security and Efficiency

Ronin, a blockchain designed specifically for gaming, has announced its plan to transition from an independent sidechain to Ethereum's layer 2 protocol. This move is expected to improve the security and efficiency of the network while maintaining its high throughput.

The transition will take place on May 12, when Ronin will undergo a hard fork at block 55,577,490. During this time, all network transactions will be paused for about 10 hours, affecting users and games utilizing the network.

As part of its efforts to improve security, Ronin is introducing a 'Proof of Distribution' model, which rewards builders based on their active contributions to the network rather than passive staking. This change is expected to significantly reduce token inflation from over 20% to below 1%, making it more favorable for the native $RON token.