Ronin is an Ethereum-based decentralized finance (DeFi) protocol that enables users to borrow and lend cryptocurrencies in a trustless manner. Ronin was launched in September 2020 and is currently live on the Ethereum mainnet.
The protocol is open source and decentralized, meaning that anyone can contribute to its development and use it for free.
Ronin is designed to be a simple and user-friendly platform that allows users to easily lending and borrowing cryptocurrencies. The platform supports a wide range of popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Zcash (ZEC).
Ronin also allows users to earn interest on their deposited funds by participating in its liquidity pools.
NOTE: WARNING: Ronin is not an Ethereum. Ronin is a private blockchain platform designed to be a drop-in replacement for the Ethereum network. The two are not the same and should not be confused.
The Ronin protocol is based on the Ethereum blockchain and uses smart contracts to facilitate lending and borrowing transactions. This means that all transactions on the Ronin platform are transparent, immutable, and secure.
The Ronin team is composed of experienced developers and researchers who are committed to building a safe and user-friendly DeFi platform. The team is led by co-founders Alex Casarino and Andrew Lee, who have extensive experience in the cryptocurrency industry.
Ronin is an up-and-coming DeFi protocol that has the potential to disrupt the traditional lending and borrowing space. The platform is simple to use, supports a wide range of popular cryptocurrencies, and is built on a secure and transparent blockchain technology.
With a strong team of experienced developers, Ronin is well positioned to become a leading player in the DeFi space.
9 Related Question Answers Found
Saitama is a Japanese manga and anime series created by ONE. The series tells the story of Saitama, a superhero who can defeat any opponent with a single punch but seeks to find a worthy opponent after growing bored by a lack of challenge in his life. The series has been highly popular both in Japan and internationally, with the manga selling over 60 million copies and the anime series being streamed by Crunchyroll.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is an IDE. It is a complete programming environment that allows developers to create, compile, test, and deploy smart contracts.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In 2014, Ethereum launched a presale for ether, which received an overwhelming response. Ether is like the fuel for operating the distributed application platform of Ethereum.
VeVe is a smart contract platform that allows users to create and manage their own digital assets, including but not limited to cryptocurrencies, utility tokens, and fiat currencies. The platform is built on the Ethereum blockchain and utilizes the ERC20 token standard. VeVe is not an Ethereum token.
VRA is not an Ethereum. VRA is a digital token that powers the virtual reality ecosystem. The VR ecosystem is a decentralized platform that allows users to create, share, and monetize their VR content.
Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint. The Cosmos Network is an ecosystem of blockchains that can scale and interoperate with each other. The vision of Cosmos is to create an Internet of Blockchains, where different blockchains can transfer value and data to each other in a trustless and decentralized way.
Since its launch in 2015, Ethereum has become one of the most popular cryptocurrencies. Unlike Bitcoin, Ethereum is more than just a digital currency. It is also a decentralized platform that runs smart contracts.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a PoW blockchain, meaning that new blocks are created through a process of mining. Miners compete to find a hash that meets certain criteria, and the winner is rewarded with ETH.
