Ronin's Layer-2 Migration Aims to Bolster Security and Network Infrastructure

Ronin, a decentralized gaming platform, has announced its plans to migrate to an Ethereum-based layer-2 network. This shift is part of the blockchain's efforts to enhance security and infrastructure after being affected by a significant bridge hack in 2022.

The hard fork, scheduled for May 12, will see Ronin adopt an OP Stack-based structure, leveraging Ethereum's robust security while maintaining high throughput capabilities. Additionally, the new Proof of Distribution model will allocate rewards based on actual contributions to the network, rather than simple staking rewards.

The move is expected to have a positive impact on the RON token, with token inflation projected to decrease to below 1% from its current level above 20%. The upgrade will also involve transferring 90 million RON previously earmarked for staking rewards to the Ronin Treasury and increasing marketplace fees to 1.25%.

As a result of this transition, Ronin users are advised to complete any necessary transactions and in-game tasks before the network goes offline for approximately 10 hours during the upgrade.