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Produced by Daniel Aharonoff & Mogul Media AI

Stepn x Adidas Genesis Sneakers: A New Era in Fitness

The Stepn x Adidas Genesis Sneakers Collection: A Revolutionary Partnership The fusion of the digital and physical worlds is more than a trend; it is a burgeoning reality. The recent collaboration between Stepn and Adidas exemplifies this transformative shift. With the launch of the Genesis Sneakers collection, both companies are poised to redefine the boundaries of fitness, fashion, and technology in lifestyle rewards. This partnership is not only groundbreaking but also sets the stage for future innovations in the ever-evolving landscape of fitness applications and digital assets. A New Era of Phygital Experiences Stepn, a pioneering move-to-earn FitTech app, has taken a bold leap by teaming up with a global powerhouse like Adidas. This collaboration signifies a pivotal moment in the fitness and lifestyle sector, as highlighted by Stepn CEO Shiti Manghani: Phygital Partnership : The merging of physical and digital assets marks a new direction for lifestyle rewards. Enhanced...
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Produced by Daniel Aharonoff & Mogul Media AI

Unveiling Ronin: The Premier Gaming Blockchain Revolutionizing Transactions

As the gaming industry continues to embrace blockchain technology, Ronin stands out as one of the pioneering platforms designed specifically for gaming. Gaming blockchains like Ronin are engineered to provide low transaction fees and increased scalability compared to traditional blockchains such as Bitcoin and Ethereum, making them more cost-effective and efficient. While some gaming chains operate as private ecosystems, requiring approval from the creators to join, Ronin has plans to open its platform to more studios by 2024. In the meantime, popular games like Pixels and Axie Infinity are attracting players to the Ethereum sidechain. Here are key points to understand about Ronin:

Ronin: Enhancing Gaming Transactions

  • Ronin is a gaming-centric Ethereum sidechain created to facilitate transactions faster and at a lower cost than Ethereum's mainnet.
  • Launched in February 2021, Ronin is compatible with the Ethereum Virtual Machine (EVM) and initially operated as a proof of authority (PoA) blockchain.
  • In a PoA blockchain, trusted individuals validated transactions, but this method faced criticism for being less decentralized than other approaches.

Security Incidents and Evolution

  • In mid-2022, Ronin's bridge encountered a significant $622 million hack connecting the platform to Ethereum, which was attributed to North Korean hackers by the U.S. Treasury.
  • Some of the stolen funds were eventually recovered, leading to increased security measures on the platform.
  • By April 2023, Ronin transitioned to a delegated proof of stake (DPoS) mechanism, abandoning the PoA model for enhanced decentralization.
  • With DPoS, any RON token holder staking a minimum of 250,000 RON can select validators for the network, promoting a more distributed governance structure.

As Ronin continues to evolve and adapt to emerging challenges in the blockchain gaming space, its shift to DPoS demonstrates a commitment to improving security and decentralization. This move, coupled with its plans to expand access to more studios in the future, positions Ronin as a key player in the intersection of blockchain technology and gaming.

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