Sky Mavis, the developer of the popular blockchain app Axie Infinity, has announced plans to transition its Ronin network to Ethereum Layer 2, expected by next year. This article discusses the details of this transition.
Ronin: A New Development Stage
On August 15, Sky Mavis confirmed plans to transition Ronin from an Ethereum Virtual Machine (EVM)-based network to a fully-fledged Ethereum-aligned Layer 2 network. This is set to improve scalability and transaction speeds.
"Today, Ronin is a gaming-centric chain in the midst of an evolution. Our ecosystem is expanding into gaming-adjacent verticals," the company stated.
History of Sky Mavis and Ronin
Founded in 2018, Sky Mavis is based in Ho Chi Minh City, Vietnam, focusing on building virtual gaming worlds and the necessary infrastructure. The need for the Ronin network arose following the success of Axie Infinity, a blockchain-based game that captured significant attention. Ronin was launched in February 2021.
Reasons for Transitioning to Ethereum Layer 2
The transition to Ethereum Layer 2 is driven by improvements in Ethereum technology. Sky Mavis aims to achieve faster transaction speeds and lower processing costs. Supporting Ethereum is expected to allow Ronin to become a multi-purpose chain beyond NFT gaming applications.
The anticipated changes in Ronin aim to create a more efficient tool for developers and users. Transitioning to Ethereum Layer 2 is expected to enhance speed and security, potentially greatly improving the user experience.
