Ring Miners
| Ring Miners are responsible for managing the order rings and confirming that each exchange is completed within Ethereum’s Loopring program. Ring Miners play a vital role in the Ethereum ecosystem by ensuring that each exchange completed within the Loopring program is done so efficiently and securely. Without Ring Miners, the Ethereum network would be susceptible to a variety of attacks. Ring Miners are rewarded for their efforts with a portion of the fees associated with each completed exchange. In addition to fees, Ring Miners also receive a share of the transaction fees associated with each order that they confirm. The role of Ring Miners is essential to the Ethereum network and its continued success. Without their efforts, the Ethereum network would be far less secure and would not be able to function as intended. |
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