apr 15, 2 - Frodo learns about the One Ring from Gandalf

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"‘So it is now: the Nine he has gathered to himself; the Seven also, or else they are destroyed. The Three are hidden still. But that no longer troubles him. He only needs the One; for he made that Ring himself, it is his, and he let a great part of his own former power pass into it, so that he could rule all the others"

Frodo was taught the origin of the Ring and about Sauron and the power that he passed into his rings. He also told Frodo about the Ring Wraiths and all the rings that were given to the Kings.

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