AXS is the governance token for the Axie Infinity game. Token holders will be able to shape and vote for the direction of the game universe. This is unlike traditional games where all decisions are made by the game developers. AXS holders will be able to stake their tokens to earn more AXS and even vote for governance proposals.
Axie Infinity’s Ronin Bridge is finally reactivated after a three-month hiatus. According to the schedule, it will start paying victims on June 28.
- Axie Infinity’s Ronin is reactivated after the hack in March.
- The bridge will reimburse affected players.
- Ronin had suffered a historic hack of USD $625 million.
Ronin Network a network refers to all nodes in the operation of a blockchain at any given moment in time. the side chain of Ethereum a decentralized open-source blockchain with smart contracts functionality. which hosts the popular gameAxie Infinityis being reactivated three months after having suffered a hackeo of more than USD $600 million.
The team of Ronin announced Friday on Twitter that the inter-chain bridge, redesigned and improved after the attack, will reopen on June 28. They also plan to reimburse users who were compromised by the incident.
“ Our engineering team has been hard at work preparing for the reopening of the bridge. “said the team in a tweet . According toThe Block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain.The reactivation was scheduled to take place this Friday, however it has been delayed until next week. It will require a hard fork ( hardfork ) para reiniciar la red, explicó el equipo.
Our engineering team has been hard at work preparing for the Bridge to re-open. Things are progressing nicely and we have some more information to share with you today: pic.twitter.com/fgFV62G3vd
– Ronin (@Ronin_Network) June 23, 2022
To successfully reactivate the bridge using the hardfork If you are a node the most basic unit of blockchain infrastructure that stores data. operator, all node operators will have to update their software. Ronin noted that nodes that act as validators in the network have already been informed about the steps they need to follow, and added that non-validating nodes need to follow instructions specifics on how to proceed.
The news comes after Ronin suffered the biggest hacking hacking is the process of using a computer to manipulate another computer or computer system in an unauthorized fashion. attack in history earlier this year.
In March, the bridging protocol the set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain. was the victim of a exploit that extracted close refers to the closing price; similar to the same term used in stock trading. to USD $625 million in ETH and USDC. The attack occurred after malicious actors took control of most of the validation nodes of Ronin . The group of hackers Norwegians Lazarus then it was identified por las autoridades de EE. UU. como responsables del incidente.
In response, the team had to freeze the exploded bridge and suspend operations of Katana a decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. native to that sidechain. Ronin then replaced the validators compromised during the attack and pledged to reimburse affected players who lost their money in the hack.
With that in mind, in April, the company that created Axie , Sky Mavis announced that he had raised USD $150 million in a funding round that was led by Binance . As reported by DiarioBitcoin At the time, the firm claimed that the purpose of the collection was to be able to fulfill its promise of restitution to users.
También indicó, en ese entonces, que se encontraba en el “ process of implementing rigorous internal security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. measures “and that the bridge Ronin would only be opened after multiple security audits have been completed.
- Sky Mavis, makers of Axie Infinity, to adopt ‘zero trust’ approach to prevent further attacks
- Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. games grew 2,000% in the last year, but Axie Infinity is no longer a favorite
- Opera Browser integrates Bitcoin, Solana, Polygon, StarkEx, Ronin, Celo, Nerve DAO decentralized autonomous organization, system of rules that define how a decentralized organization should operate and which actions it should take. and IXO
Article by Hannah Estefania Perez / DiarioBitcoin
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