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Ronin Rolls Out Ronin zkEVM Through Polygon CDK for Improved Network Efficiency

In Brief

The Ronin network is set to roll out Ronin zkEVM, a Layer 2 solution that utilizes a modified version of the open-source Polygon Chain Development Kit, crafted by Sky Mavis.

Gaming blockchain Ronin The announcement comes that Ronin zkEVM, a zero-knowledge Layer 2 network, will be launched on the Ronin platform. This innovative network is powered by a Sky Mavis-optimized version of the Polygon Chain Development Kit. CDK ).

Trung Nguyen, the CEO and Co-founder of Sky Mavis, stated, \"Our primary objective is to create an integrated gaming ecosystem that allows seamless asset transfers, token exchanges, and NFT trade across both Layer 1 and Layer 2 games while keeping transaction fees low for users. We believe that by alleviating blockspace limitations, Ronin zkEVM will play a pivotal role in attracting billions of gamers. With the advanced ZK technology from Polygon, this partnership represents a major advancement in Web3 gaming. Our vision is for our platform to be the first stop for the next billion users creating crypto wallets, and we expect that a robust lineup of games will help us realize this goal,\" he added.

The dedicated zero-knowledge (ZK) blockchain being developed is aimed at broadening the Ronin network's user base, thus supporting its game development partners and enhancing the introduction of diverse gaming experiences. Furthermore, Ronin plans to integrate a Polygon ZK prover directly into its framework, enabling game studios to easily establish their own zkEVM blockchains on Ronin without needing to implement independent security or consensus systems.

Sandeep Nailwal, co-founder of Polygon and Chief Business Officer of Polygon Labs, remarked, \"Ronin is leading the way in merging groundbreaking technology with unmatched distribution and user engagement. The Polygon CDK will revolutionize Ronin’s gaming environment by creating an open-access ecosystem, making it an ideal hub for countless game developers,\" he concluded.

Ronin: Revolutionizing Blockchain Gaming with Scalability and Minimal Fees

Developed by Sky Mavis This EVM-compatible blockchain is uniquely tailored for gaming applications, providing rapid transaction processing and keeping fees exceptionally low to support high volumes of in-game activities. Ronin Ronin is notably the only blockchain proven to effectively scale a single game to serve millions of active users daily, having handled more than $4 billion in NFT transactions.

Initially developed to accommodate the flagship title Axie Infinity, the Ronin blockchain has since expanded to support a broader gaming ecosystem, currently serving 1.4 million active addresses daily. It has successfully onboarded several major games, including one that drew over 4.4 million players since its transition in October 2023. Pixels Please be advised that the information presented on this page is not intended as legal, tax, investment, financial, or any type of professional advice. It's crucial to only invest what you can afford to lose and seek independent financial consulting if you have concerns. For more details, we recommend reviewing the issuer's or advertiser's terms and conditions, as well as their help and support resources. While MetaversePost is dedicated to delivering precise and impartial reporting, please note that market conditions can change without prior notification.

Disclaimer

In line with the Trust Project guidelines Alisa, a devoted journalist at Cryptocurrencylistings, focuses on topics related to cryptocurrency, zero-knowledge proofs, investment strategies, and the expansive domain of Web3. With a knack for tracking emerging trends and technologies, she provides detailed insights that keep readers informed and engaged in the rapidly shifting landscape of digital finance.

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