CandleFocus Ronin Network adopts Chainlink CCIP to strengthen cross-chain security
2024-10-10
Author: Content Editor
The Ronin Network has chosen Chainlink's Cross-Chain Interoperability Protocol (CCIP) for its Ronin Bridge to enhance cross-chain infrastructure security. Chainlink outperformed competitors LayerZero and Axelar in a three-phase selection process. The selection was based on Chainlink's strong security features, including multiple Decentralized Oracle Networks (DONs) and a Risk Management Network. The integration will start with bridge transfers between Ethereum and Ronin. Chainlink's CCIP has been adopted by major financial institutions and blockchain projects for improved interoperability and secure asset transfers.
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