Sky Mavis teams with Google Cloud to secure blockchain network
Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today.
Sky Mavis has teamed up with Google Cloud to become a validator for its blockchain gaming network and enable it to scale in a secure and sustainable way.
Sky Mavis operates the popular Axie Infinity game, which uses non-fungible tokens to authenticate unique digital items.
Back in March, Sky Mavis reported that the Ronin Network which supports Axie Infinity was hacked. Thieves stole 173,600 in Ethereum cryptocurrency (worth $594.6 million) and $25.5 million in U.S. dollars, stealing a total of $620 million.
Now, at the AxieCon event in Barcelona, Sy Mavis said it will do a multi-year collaboration with Google Cloud to bolster the security of Ronin and advance its vision of building a gaming universe with interrelated, immersive, and rewarding experiences.
GamesBeat Summit Next 2022
Join gaming leaders live this October 25-26 in San Francisco to examine the next big opportunities within the gaming industry.
Google Cloud will become an independent enterprise validator for the Ronin network, joining a validator node pool that includes Animoca Brands, DappRadar, Nansen, and more. By running and overseeing a validator node on the Ronin network, Google Cloud will contribute to its collective security and governance, while taking on the role of monitoring validator uptimes.
Ronin is a blockchain network built using the Ethereum virtual machine (EVM) that was launched by Sky Mavis in February 2021 to speed up transactions and drastically reduce gas fees for its fast-growing user ecosystem, thereby allowing millions of in-game micro-transactions to occur
Read more on venturebeat.com
