• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Ronin will launch zkEVM on its gaming blockchain platform

Ronin will launch zkEVM on its gaming blockchain platform

user avatar

by Eve Adams

2 years ago

The gaming blockchain Ronin announced the upcoming launch of Ronin zkEVM, a zero-knowledge EVM Layer 2 network built on a modified version of Polygon CDK by Sky Mavis.

On June 18, the team announced the creation of a dedicated ZK network to attract new users and support the growth of partner gaming studios. This move aims to enhance the decentralized environment, facilitating the integration of more gaming capabilities into the network.

The team also plans to include a built-in Polygon ZK verifier module, enabling gaming studios to create their own zkEVM blockchains without the need to ensure their own security and consensus.

Originally developed for the popular P2E game Axie Infinity, the Ronin blockchain now supports a broader gaming ecosystem. According to the Ronin blockchain explorer, the network has already reached 1.4 million active addresses per day.

Jeff Zirlin, co-founder of Sky Mavis, said the network is preparing to handle billions of transactions. Zirlin explained:

Ronin, with 1.5 million active users per day, is the largest gaming blockchain in the world. Currently, Ronin can handle up to 40 million transactions per day, but we are preparing for a future where we will handle 400 million or even four billion transactions. zkEVM is the key to this.

Sky Mavis believes that the improved scalability of Ronin zkEVM will allow partner studios to continue innovating and expanding.

The network has already implemented major blockchain games that have benefited from its player base. The number of users of the Web3 game Pixels exceeded 4.4 million since transitioning to Ronin in October 2023.

Zirlin also noted other benefits of the new zkEVM network, such as seamless cross-chain interoperability and potentially higher staking rewards.

This step allows third-party developers to launch their own Layer 2 blockchains on Ronin, opening up opportunities for more games and players, he added.

Creating an Integrated Web3 Gaming Ecosystem

Trung Nguyen, CEO and co-founder of Sky Mavis, stated that their goal is to create a unified gaming ecosystem that enables asset transfer, token exchange, and trading of NFTs between Level 1 and Level 2 games. Nguyen explained:

We believe that Ronin zkEVM is crucial and will help us attract billions of gamers. Thanks to Polygon technology, this collaboration marks a new era for Web3 gaming.

Meanwhile, Polygon co-founder Sandeep Nailwal emphasized the importance of Polygon CDK. Nailwal believes that Ronin "leads" by combining technology with significant distribution and user engagement capabilities.

Nailwal added that their Polygon CDK will support the Ronin gaming ecosystem and make the network a more attractive place for gaming studios.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin's Integration into Web3 Ecosystem Strengthens Its Position

chest

Bitcoin is becoming more integrated into the Web3 ecosystem, enhancing its support level and increasing its utility through partnerships that create real-world value for digital assets.

user avatarMiguel Rodriguez

EU Sticks to Ban on Russian LNG Imports Amid Energy Crisis

chest

The European Union is committed to its plan to ban Russian liquefied natural gas imports, despite the ongoing energy crisis.

user avatarArif Mukhtar

Chinese Stocks Surge as Yuan Used for Toll Payments

chest

Chinese companies involved in cross-border transactions saw their stocks surge after the commerce ministry announced that the yuan is being used to pay tolls for passage through the Strait of Hormuz.

user avatarMaria Gutierrez

Bitcoin Market Faces Volatility Squeeze

chest

Bitcoin is currently experiencing a period of sideways movement, indicating potential upcoming volatility.

user avatarRajesh Kumar

China's Central Bank Withdraws Cash Amid Economic Recovery

chest

China's Central Bank withdraws cash from the financial system for the first time in a year, draining 890 billion yuan as the economy shows signs of recovery.

user avatarLuis Flores

Monitoring Holder Concentration Trends in AIOT Projects

chest

Market analysts are analyzing the dynamics of holder concentration ratios in AIOT projects to assess liquidity and governance issues.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.