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Ronin launches zkEVM to improve blockchain gaming
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Ronin today introduced Ronin zkEVM, a new zero-knowledge layer 2 blockchain developed using a customized version of the Polygon Chain Development Kit (CDK). According to the announcement, Ronin zkEVM promises to significantly expand the network’s capacity and accommodate an ever-growing user base, propelling the growth of its associated game studios and enhancing the permissionless nature of the ecosystem for a broader range of gaming experiences.
The Ronin network, originally designed to support Sky Mavis’ flagship game Axie Infinity, now caters to a wider range of gaming applications, boasting 1.4 million daily active addresses. The introduction of Ronin zkEVM is set to further this expansion, providing partner studios with the tools to innovate and reach broader audiences.
Trung Nguyen, CEO and co-founder of Sky Mavis, said the company’s main goal is to build a unified gaming ecosystem aimed at facilitating asset transfers and token exchanges between different tiers.
“By removing blockspace as a constraint, we believe Ronin zkEVM is a crucial pillar to help us integrate billions of players. With support for Polygon’s best-in-class ZK technology stack, this collaboration between two ecosystems will usher in a new era of Web3 gaming. Our ultimate vision is to become the platform where the next billion people create their first crypto wallet, and we believe more games will be the way to get there.”
Jeff Zirlin, co-founder and Chief Growth Officer of Sky Mavis, shared with Crypto Briefing that game studios already deployed on the Ronin mainnet will be able to choose to implement an application-specific blockchain, called an appchain. This means that their game would have a dedicated blockchain.
In particular, Zirlin recognized the challenge of fragmented ecosystems that could become real with the implementation of Ronin zkEVM.
“If every game, decentralized exchange, and protocol on Ronin launched their own rollup, we could see liquidity become too tight. This would result in high slippage fees during swaps, which goes against our vision of a scalable ecosystem,” explained Sky co-founder Mavis.
To address this potential issue, existing decentralized applications on Ronin will receive updates, such as Katana DEX and Mavis Market. Zirlin points out that these applications can facilitate the connection between various rollups, especially after the introduction of a cross-chain relay service, which is already in the works.
Therefore, users would be able to seamlessly transfer and trade tokens while interacting with any chain in the Ronin ecosystem and buy and sell NFTs on any chain in the Ronin ecosystem through Mavis Market.
“For example, imagine a user wants to exchange 10 AXS on zkEVM Chain #1 for 20 RON on zkEVM Chain #2. They could initiate a single transaction and the Cross-Chain Relayer service will facilitate the rest of the process seamlessly.”
Sandeep Nailwal, co-founder of Polygon and Chief Business Officer of Polygon Labs, also commented on the collaboration, highlighting Ronin’s role in combining advanced technology with significant user engagement and distribution capabilities. The Polygon CDK is expected to transform the Ronin gaming ecosystem into a premier destination for game studios around the world.
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