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Michael
Michael
Apr 6, 2024
News

Ronin Revolutionizes Scalability with zkEVM Integration

This showcases the company’s commitment to innovation and user-centricity within the blockchain sphere.
Ronin Revolutionizes Scalability with zkEVM Integration

Ronin has unveiled its plans to integrate the zero-knowledge Ethereum Virtual Machine (zkEVM) into its framework. Ronin is a prominent blockchain protocol.

This move will catapult Ronin's scalability to new heights. Thus, making it more efficient and suitable for gaming applications. In addition, Phuc Thai, Ronin's Chief Researcher, was able to evaluate the various scalability solutions. This includes optimistic roll ups and zero-knowledge aggregation.

Furthermore, the comprehensive evaluation of options led to zkEVM being chosen as the optimal choice. zkEVM promises unparalleled efficiency and scalability. The integration plans also involves introducing a Zero-Knowledge (ZK) prover within the Ronin protocol. Thereby, offering ZK rollups as a service to developers. Additionally, the initiative termed “Enshrined zkEVMs ,” has been set up. This is to revolutionize the way developers utilize the Ronin platform. This initiative also oversees the use of the platform by developers when facing block space capacity challenges.

Empowering the Gaming Community

By embracing zkEVM, Ronin only simplifies the development process. It also fosters a more profitable ecosystem for game studios and developers. This system seeks to empower studios to establish their validator nodes and launch ZK rollups. Consequently, studios can capitalize on the transaction fees generated by users on their Layer 2 networks. This model seems to create a beneficial relationship with delegators, validators, users, builders, and RON token holders.

Furthermore, Ronin's integration of zkEVM is poised to revolutionize its decentralized applications. Notably, the Katana Decentralized Exchange (DEX) and the Mavis Market stand a chance to benefit immensely from reduced slippage fees and seamless bridging across rollups. Ronin has made its plans to add a Cross-Chain Relayer Service to simplifying cross-chain transactions. This further results in a strengthened ecosystem.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
Posted: 06 Apr, 2024 02:11 • Updated: 13 May, 2024 14:27
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