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3:06

New security measures for the Ronin network

Andy Vilchez
3 min de lectura
New security measures for the Ronin network – Cryptocurrencies – WebMediums
Ronin has announced the new security measures that will be implemented in the network.

After the massive robbery of the Ronin network, the company has decided to implement a series of security measures that allow these events not to happen again. The information was released by the company through its official website and its social networks.

This was a really necessary measure that seeks to make users trust network transactions again. Especially after the theft of 600 million dollars that he suffered last week.

What are the measures that were taken?

New security measures for the Ronin network – Cryptocurrencies – WebMediums
Ronin set out two main goals that would help improve the network considerably.

As already said, the Ronin established new security measures that allow maintaining security within the network. As part of the decisions taken, two objectives that the Sky Mavis seeks to achieve have been considered.

These two objectives that seek to improve security within the network have the following:

  1. Add a greater number of validation nodes in the network : As it has been known, the Ronin seeks to increase to a total of 21 independent validation nodes. In fact, 5 new independent nodes would have already been included.

  2. Improve the source code to improve security : Another of the objectives that the company has set is to improve the source code that allows adding limits on transactions and governance functions.

At the moment, these two objectives are the only ones that have been revealed, although it is likely that new security measures will be increased as the days go by.

What are the new validation nodes going to be?

New security measures for the Ronin network – Cryptocurrencies – WebMediums
Five organizations have been chosen to become validation nodes.

In favor of transparency, Sky Mavis has also mentioned which will be the 5 organizations that will be in charge of managing these nodes. They are all recognized companies in the cryptocurrency sector and with experience in the field.

The 5 companies that will start working together with Sky Mavis and Ronin are the following:

  • Delphi Digital : This is a consulting, advisory, and research company. It offers services to many companies related to digital assets.

  • Animoca Brands : This is a company that is mainly engaged in investments within the world of NFTs. In addition, it is also in charge of providing property rights to users who acquire those NFTs.

  • Dialectic : This is a company that offers different financial services to users or organizations. It stands out in alternative assets and human capital.

  • Nansen : This is a platform dedicated to the analysis of the blockchain, which allows offering important data to companies that manage wallets. This helps enrich your network operations so that you can work much more effectively.

  • StableNode : This platform offers research and investment services on the blockchain. He specializes in the analysis of governance systems, DeFi, and NFT markets.

These organizations will begin to work together with Ronin to improve security and ensure that funds in the network. Additionally, Sky Mavis is looking for organizations that would like to become validators. That is why they have placed a record on their website for this purpose.

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