• 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

XRP's Price Trajectory Analyzed with Elliott Wave Theory

chest

XRP's price trajectory is analyzed using Elliott Wave Theory, suggesting a transition into a bullish expansion phase with potential targets between 15 and 31.

user avatarMohamed Farouk

XRP Experiences Major Exchange Outflow

chest

XRP has seen significant accumulation signals with a record outflow from exchanges.

user avatarElias Mukuru

Aurora Labs CEO Raises Concerns Over Litecoin Attack

chest

Aurora Labs CEO Alex Shevchenko raises concerns that the recent Denial-of-Service attack on the Litecoin network may have been an inside job, citing the attacker's prior knowledge of a zero-day vulnerability.

user avatarDiego Alvarez

Denial-of-Service Attack Disrupts Litecoin Mining Pools

chest

Denial-of-Service attack disrupted major Litecoin mining pools due to a zero-day vulnerability, but the issue has been patched and the network is operational.

user avatarKenji Takahashi

Admiral Paparo Highlights Bitcoin's Role in National Security

chest

Admiral Samuel Paparo highlighted Bitcoin's significance as a strategic asset for US cybersecurity during a Senate hearing, but faced criticism from the Bitcoin community regarding the military's grasp of the technology.

user avatarMaria Fernandez

Analysts Predict Strong Growth for Nvidia Stock by 2026

chest

Analysts predict Nvidia stock could reach between 250 and 380 by 2026, driven by AI demand.

user avatarRajesh Kumar

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.