What is the Ronin blockchain? 

The team behind Axie Infinity, Sky Mavis, created the Ethereum sidechain, Ronin, expressly for the community of their game.

They sought an efficient scaling solution that was built to persist and cater to the growing needs of the game. Thus, Ronin was designed as a reliable, economical and swift network optimized specifically for gaming purposes.

The Ronin blockchain is generally focused on the gaming industry within Web3.  

Ronin blockchain pros

1.  Increased efficiency: The Ronin blockchain is much faster and more efficient than traditional global networks.
2. Highly secure: By using a distributed ledger system, data stored on the Ronin blockchain is highly secure and tamper-resistant.
3. Low cost: Transaction costs associated with the Ronin blockchain are lower than traditional networks, making it ideal for businesses, developers, and users on a budget.
4. Immutability: Data stored on the Ronin blockchain cannot be altered or deleted, thus ensuring full immutability of the digital ledger environment
5. Traceability & Transparency: Every transaction that happens on the Ronin blockchain can be traced easily, which means transactions can be tracked end-to-end to ensure complete transparency of every transaction. 

Ronin blockchain cons

1. Limited Scalability: Currently, the Ronin Blockchain is limited in terms of scalability and lacks some features that would enable it to compete with more advanced blockchains.
2. Security Risks: With a smaller market share, there are increased security risks associated with hacking and fraud risk on the Ronin blockchain due to lack of development resources.
3. Lack of Developer Support: There is currently a lack of developer support for the Ronin blockchain which could lead to issues finding qualified developers or companies who can build viable applications using the platform.
4. Slow Transactions: Since the network size is limited compared to larger blockchains, transactions on the Ronin blockchain tend to take longer to process than those on larger networks such as Ethereum or Bitcoin. 

Ronin blockchain features

1. Adaptable: Ronin's consensus system allows users to customize their blockchain according to the needs of their application or service.
2. Robust: RoninT has been designed to address scalability and throughput, offering a transactions-per-second performance considerably higher than that usually offered by traditional blockchains.
3. Modern: Ronin’s architecture enables features like zero-knowledge proofs, smart contract execution, identity management, secure cross-chain communication and layer 2 solutions, such as lightning networks.
4. Secure: Through necessary security layers built into our protocol, such as SHA3 hash algorithm in back the backend operations of our chain and top-level encryption for data storage, we provide superior security for your digital assets
5. Private: Alongside optional public/private transaction options, you can decide which data points are visible on the public ledger, giving you control over privacy rights when it comes to ensure asset immutability.
6. Flexible: With customizable transaction fees and an energy efficient mining process for reductions in cost combined with low latency and high network uptime offers a great degree of efficiency within the network experience
7. Decentralized: By integrating both PoW & PoS algorithms through its consensus model, we can leverage the advantages of both while ensuring decentralization within our blockchain infrastructure

Ronin blockchain fees

Ronin blockchain fees vary depending on the specific blockchain transactions being executed.

For example, when performing simple transactions such as transfers and payments, the associated fees are usually lower than those related to more complex processing tasks.

Generally, it is estimated that a single on-chain transaction can cost up to 0.1 XRN (Ronin's native token), which could translate into fractions of a cent in USD value given the current market price of XRN. Additionally, minor charges related with network maintenance and service costs may apply.

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