Entry details

Axie Infinity Developers 'Made Some Trade-offs' That Enabled $625M Ronin Breach

 

Category: Crypto General -> Security

Type: article

https://blockworks.co/axie-infinity-developers-made-some-trade-offs-that-enabled-625m-ronin-breach

This is an example of how decentralisation of nodes is important. 'Sky Mavis' Ronin chain currently consists of 9 validator nodes. In order to recognize a Deposit event or a Withdrawal event, five out of the nine validator signatures are needed,'per the breach' announcement. Among the security improvements, Sky Mavis will increase the validator group to 21 validators within the next three months, which will be split among various stakeholders including partners, community members and long-term allies."

 

 

 

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