@robusttt
EVM-compatible blockchain Ronin announced its intention to transition into a fully developed, Ethereum-aligned Layer 2 solution by next year. In this new phase, Ronin aims to expand its scope beyond gaming, becoming a multi-purpose chain that supports a variety of applications. The upgrade is expected to deliver transaction speeds approximately twelve times faster while leveraging Ethereum’s security and decentralization. A redesigned Proof of Distribution system will replace the previous staking model, shifting RON rewards from passive validators to active network contributors.