Ronin Network Launches Latest Security Migration with Chainlink CCIP!
Jakarta, Pintu News – On April 5, Ronin Network announced the completion of its migration to Chainlink Cross-Chain Interoperability Protocol (CCIP), a major step in improving the security and reliability of its network. The migration is expected to be fully completed by April 25, 2025, marking a new era in more secure inter-chain interactions.
Check out the full news below!
Introduction to CCIP Migration by Ronin Network
Ronin Network has taken the important step of beginning its migration to Chainlink CCIP, which aims to address previously existing security vulnerabilities. This migration is in response to a security incident that occurred in 2022, during which hackers stole $615 million.
With CCIP, the Ronin Network aims to eliminate the single point of failure that enables such attacks to occur. CCIP works through a decentralized network of oracles that verify and execute transactions across the chain.
By distributing operations among independent node operators, CCIP improves security by eliminating single points of failure. This enhanced model also includes on-chain risk management and configurable rate limits to prevent large-scale asset theft.
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Steps to Take for Ronin Bridge Users
With the migration scheduled to be completed in a few days, Ronin Network has provided detailed steps for users who have pending transactions on the old bridge. Once the migration is completed on April 25, users will be able to claim pending withdrawals.
They will also have access to transfer tokens using the link provided in the official announcement. This process is designed to ensure smoothness and reduce friction, especially for holders of RON, the native asset of the Ronin network.
Currently, RON is trading at $0.53, up almost 2% in the last 24 hours. This transition marks a turning point for existing users, offering a clean break from the troubled past and a safer path forward.
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The Impact of Migration on the Broader Crypto Community
This migration is not only important for Ronin Network users but also for the wider crypto community. It shows the importance of decentralization at the infrastructure level, which is no longer an option but a necessity.
The partnership between Ronin and Chainlink could be a model for other ecosystems to increase trust and security with a proven decentralized framework.
As cross-chain interoperability becomes a key pillar of blockchain utility, measures like this become increasingly crucial. This confirms the importance of real-time threat detection and decentralization in protecting assets.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- BeInCrypto. Ronin Network CCIP Migration Update: What Users Need to Know. Accessed on April 23, 2025
- Featured Image: Chainplay
