Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    12 Best New Crypto Projects to Invest in July 2024

    July 11, 2024

    Historical Data Suggests Bitcoin Could Rise 1,000%, Here’s Why

    August 22, 2024

    SNX PRICE PREDICTION 2024-2033: IS SNX A GOOD INVESTMENT?

    April 23, 2024
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      Bitcoin Miner Mawson Fires CEO As Audit Uncovers Fraud Claims

      July 23, 2025

      Trump Media turns Bitcoin into $2b corporate fortress

      July 21, 2025

      Ethereum Rockets Past $3.7K as Options Traders Eye $12K Moonshot Bets

      July 20, 2025

      Will Bitcoin Impede Or Support Altcoin Rally? On-Chain Data Signals Market Uncertainty

      July 19, 2025

      GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto

      July 18, 2025
    • Technology

      Comment on Exploring new trends in crypto finance: Maximizing profits by earning passive income through NFTCOLO cloud mining by Roman Wolf

      July 23, 2025

      Figma Reveals $70M Bitcoin ETF Stake Ahead of IPO, Adds Blockchain Stock Option

      July 22, 2025

      Will Dogecoin reach $10? – AMBCrypto

      July 21, 2025

      Ethena (ENA) doubles as whales pile in, yields top 10%

      July 20, 2025

      Standard Chartered Sees $5 Target by 2025

      July 19, 2025
    • Learn/Guide

      Agtech firm Nature’s Miracle launches $20M XRP treasury, eyes long-term yield generation via staking

      July 23, 2025

      FBI ends probe into Kraken founder Jesse Powell over alleged hacking of nonprofit accounts

      July 22, 2025

      Polymarket plans to return to US market after DOJ ends investigation

      July 21, 2025

      Elon Musk says xAI is building Baby Grok to offer kid-friendly content

      July 20, 2025

      Polymarket set to launch new resolution and rewards system after Zelensky suit dispute

      July 19, 2025
    • NFTs

      Slimesunday’s Magnum Opus: ‘Banned from New York’ Blows the Lid Off Digital Censorship | NFT CULTURE | NFT News | Web3 Culture

      July 22, 2025

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025
    • Regulation

      SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally

      May 30, 2025

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      March 31, 2025

      Utah Moves Closer To Bitcoin Reserve As Bill Advances To Senate Standing Committee

      February 23, 2025

      Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation

      January 26, 2025

      MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report

      January 25, 2025
    • Business

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024

      Brazil Prepares to Let Tradfi Institutions Embrace Crypto

      November 13, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Ronin announces launching zkEVM through Polygon CDK
    Technology

    Ronin announces launching zkEVM through Polygon CDK

    August 6, 20243 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ronin announces launching zkEVM through Polygon CDK
    Share
    Facebook Twitter LinkedIn Pinterest Email


    By the first quarter of 2025, builders could have the ability to architect their gaming blockchain. This stems from Ronin’s announcement, in which it stated its commitment to launching zero-knowledge EVM on the network. 

    This will enable builders to construct their chains on top of the mainnet network. The idea is to leverage the potential of the Polygon Chain Development Kit, simply known as Polygon CDK.

    Ronin has defined this as a big step towards achieving scalability and a permissionless ecosystem. Builders who create their chains on the mainnet will have access to 1.5 million daily active users.

    This has made Ronin one of the largest gaming blockchains, and it is now certain to help buddy chains make the most of it. Launching layer-2 chains will provide access to a broader gaming ecosystem, thereby facilitating the onboarding of a larger user base and promoting greater economic freedom.

    The basic requirement to build an L2 chain is to have at least 250k RON to first become a validator and then launch their chain. For reference, a single RON is exchanging hands at $2.40, up by 3.64% in the last 24 hours at the time of writing this article.

    While the requirement appears to be prohibitively expensive, it brings improvements to staking rewards for delegators, shared security, and shared rewards.

    The launch of zkEVM is more than necessary in current times because it helps to process a larger number of transactions without revealing data about it. For instance, Ronin processes approximately 40 million transactions daily. 

    One way to increase this number is to upgrade the network with technology that can fuel scalability. As a result, more transactions are supported. This is where zkEVM plays a crucial role. If implemented, it is expected to support around 400 million transactions every day, with the number going as high as 4 billion.

    Overall, zkEVM brings four core features to Ronin: scalability, user experience, economic alignment, and more. For starters, scalability entails the ability to host a larger number of transactions while also creating infinite blockspace. Ronin will be able to turn itself into an L2 for Ethereum alignment with zkEVM.

    By allowing users to conveniently tap into applications from a zkEVM chain, they introduce a seamless user experience. This could be Katana, Mavis Market, or any other application. Economic alignment refers to increasing staking rewards as the L2 sequencer fees go to validators who are running the layer-2 chain. Given the basic requirement of 250k RON tokens, we anticipate that the introduction of zkEVM will significantly enhance the token’s utility and demand.

    Finally, it paves the way for the introduction of more games into the ecosystem. Builders are likely to introduce more games as the number of L2 chains increases. This leads to the direct provision of multiple titles to users. Hence, serving a great deal to all the community members.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Comment on Exploring new trends in crypto finance: Maximizing profits by earning passive income through NFTCOLO cloud mining by Roman Wolf

    July 23, 2025

    Figma Reveals $70M Bitcoin ETF Stake Ahead of IPO, Adds Blockchain Stock Option

    July 22, 2025

    Will Dogecoin reach $10? – AMBCrypto

    July 21, 2025

    Ethena (ENA) doubles as whales pile in, yields top 10%

    July 20, 2025
    Top Posts

    EigenLayer Stage 1 positioned on Ethereum mainnet

    June 17, 2023

    DBS Bank simplifies govt grant distribution with blockchain technology

    August 24, 2024

    Thailand’s Biggest Food Exporter Uses Tech To Monitor Goods

    May 22, 2023

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    Bitcoin Miner Mawson Fires CEO As Audit Uncovers Fraud Claims

    July 23, 2025

    Trump Media turns Bitcoin into $2b corporate fortress

    July 21, 2025

    Ethereum Rockets Past $3.7K as Options Traders Eye $12K Moonshot Bets

    July 20, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.