• 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

SEC Takes Action Against Nathan Fuller for Crypto Investment Fraud

chest

The SEC has filed charges against Nathan Fuller for allegedly defrauding 150 investors in a multimillion dollar crypto investment scheme.

user avatarDiego Alvarez

Large ETH Holders Show Accumulation During Market Weakness

chest

Large ETH holders are quietly accumulating during market downturns, indicating a bullish sentiment for Ethereum.

user avatarElias Mukuru

Texas Forms Advisory Committee to Oversee Bitcoin Reserve

chest

Texas has formed an advisory committee led by Acting Comptroller Kelly Hancock to manage its Bitcoin reserve, including experts in custody arrangements and investment strategy.

user avatarKenji Takahashi

Texas Announces Plan to Buy Bitcoin for State Reserves

chest

Texas has announced a significant move to buy more Bitcoin for its state reserves, transitioning from ETF exposure to directly held Bitcoin.

user avatarMaria Fernandez

Uniswap Struggles with Selling Pressure Despite Increased Inflows

chest

Uniswap is facing significant selling pressure as its price retreats, despite increased inflows to Binance, indicating potential intent to sell.

user avatarRajesh Kumar

OKX and Korea Investment Securities Join Forces to Invest in Coinone

chest

OKX and Korea Investment Securities have acquired a 20% stake each in Coinone, a major South Korean crypto exchange, with a total investment of approximately $53 million.

user avatarMiguel Rodriguez

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.