• 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

Fellowship PAC Secures $11 Million from Major Financial Players

chest

The Fellowship PAC has received $11 million from Cantor Fitzgerald and Anchor Labs to support political advocacy in the crypto industry.

user avatarNguyen Van Long

Fellowship PAC Invests $15 Million in Key Republican Races

chest

The Fellowship PAC has begun its strategic spending by allocating $15 million towards media buys supporting Republican candidates in key races.

user avatarTando Nkube

Dogecoin Faces Rejection at Key Resistance Level

chest

Dogecoin's recent attempt to break above a critical resistance level has failed, leading to a potential retest of lower support.

user avatarKofi Adjeman

Cardano ADA Price Gains Bullish Momentum Amid Market Recovery

chest

Cardano's price is showing signs of bullish momentum, approaching the 0.25 mark, influenced by market recovery and increased whale activity.

user avatarSatoshi Nakamura

Shiba Inu Experiences Surge in Trading Activity Amid Price Stagnation

chest

Shiba Inu is experiencing a surge in trading activity with derivatives volume reaching 16.113 million, while its price remains stagnant below all-time highs.

user avatarRajesh Kumar

Steve Aoki Fully Exits Shiba Inu Position as Whales Show Strong Interest

chest

Steve Aoki has fully exited his Shiba Inu position as institutional whales show strong interest in the meme coin.

user avatarJesper Sørensen

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.