Axie Infinity is a mystery to thousands of studios that are working on chain games and preparing to enter chain games. Why can the mediocre gameplay (gameplay) create a billion-dollar miracle? This article reveals an important aspect of Axie’s secret to success — the private blockchain. In February 2021, after three years of exploration, the Axie team launched their dedicated chain, Ronin, to provide players with free and fast blockchain interaction, which immediately exploded in popularity. Thousands of hard work will eventually be rewarded. Ronin is a ronin, a warrior without a master. Axie is named after this to demonstrate its determination to control the blockchain infrastructure independently. Although time has passed, the environment has not changed. The improved performance of the new public chain and layer2 is being exhausted by the outbreak of DeFi, NFT and chain games. However, the public chain is congested and the cost of use is rising. The first to be hurt is the chain game. Only those who have a customizable dedicated chain and keep low costs are eligible to participate in the main game of chain game competition - the competition of gameplay.
Introduction
Introduction
Ethereum's Layer 1 cannot meet the needs of blockchain games. Thousands or even millions of micro-transactions occur in the game every day, so it has certain requirements for transaction speed and cost, so as to ensure the further expansion and development of the game. At the same time, the user experience of the game must also be guaranteed, and gamers need to have a smooth and enjoyable gaming experience. However, Ethereum's Layer 1 charges transaction fees ranging from $50 to $100 per transaction, and its transaction processing speed is measured in minutes rather than seconds. Therefore, Ethereum's Layer 1 chain is not only slow for chain games, but also quite expensive.
Ronin chain
Ronin chain
Roninside chain
side chain
side chainis an independent Ethereum-compatible blockchain that has its own consensus model, block parameters, and runs in parallel to the Ethereum mainnet. They are one of the main Layer 2 scaling solutions on Ethereum, enabling transactions to be processed more efficiently. in addition,PolygonThe network is also one of the side chains, which also includesArbitrumOther popular Layer 2 expansion solutions including Optimistic Rollup.
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Reasons to build your own blockchain
Before the Ronin chain was created, the team worked withLoomThe network has cooperated, which is a Layer 2 alternative expansion solution. After about a year, the Loom team decided to move away from optimizing the network for user-facing applications and instead explore new solutions for enterprises. This decision also meant that the two teams, Sky Mavis and Loom, had a disagreement on their goals, so Sky Mavis decided toTerminated the partnership between the two teams. Then to prevent such problems from happening again, they decided to create their own blockchain.
Today, most existing Layer 2 solutions serve DeFi and payment functions, not games. After creating its own chain, Sky Mavis can decide and design the functions and characteristics of this chain by itself. This chain can fully address the various needs of the Axie community, thereby avoiding the expansion problems that will arise in the future when using the existing blockchain. In contrast, other potential solutions, such as using the ZK-rollup consensus modelzkSyncsecondary title
Ronin wallet
The strengths and weaknesses of Crypto wallets are critical to creating a good user experience. Instead of using an existing wallet, Sky Mavis created its ownRonin wallet. In the team withRampsecondary title
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Transaction and Gas Fee
The Ronin chain is the industry-leading game blockchain. Its emergence has made real-time transactions possible, not only greatly reducing transaction fees, but also allowing millions of game micro-transactions to proceed smoothly. It can be said that this network is the core of Axie Infinity. While improving transaction efficiency, it also keeps various game assets, such as Axies, Land, SLP, AXS, and Wrappped ETH (WETH).
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Source: Nansen.ai website data as of January 11, 2022
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Katana — Ronin Decentralized Exchange
Each blockchain has its own flagship decentralized exchange (DEX), which is a place where users can freely exchange tokens within the ecosystem. and Ethereum'sUniswapand Matic'sQuickswapSimilarly, Ronin also has its own DEX——Katana. In Katana (perhaps the name Ronin DEX is more familiar to everyone), users can easily exchange Tokens within the Axie Infinity ecosystem without leaving the Ronin chain. With this feature, assets within the ecosystem no longer need to be transferred across chains, and the friction generated during the Axie Token exchange process is also reduced.
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Source: https://katana-analytics.Roninchain.com/home
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AXS Staking
In addition to the liquidity pool on Katana, it has a separateAXS Staking Pool, users can earn income by staking AXS. This pool is different from the liquidity provider pool on Katana in that it does not require users to pledge the corresponding amount of WETH while using AXS.
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Source: https://stake.axieinfinity.com/ website data
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Transfer of assets to the Ronin chain
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Ronin cross-chain bridge
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Source: Nansen.ai website data as of January 11, 2022
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Binance
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Source: Binance.com website data as of January 4, 2022
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Current deficiencies and future plans
Under the PoA consensus model, the network becomes relatively centralized because the network has a limited number of verifiers and ordinary people cannot run a node. While using this model allowed the team to quickly roll out upgrades and fix any issues that might arise, it defeats the purpose of Axie Infinity's desire to empower players to own the game. In order to alleviate people's concerns, Sky Mavis plans to gradually decentralize the network after Ronin develops more complete and stable. They recently launched their first community-managed validator node, powered byAxieChat CommunityManaged by 50 members, this node also marks their first step towards decentralization.
In addition, the team is also actively paying attention to various developments in the blockchain field. Once there is a solution that can change the consensus model to a decentralized model, they will be very willing to make this adjustment. One such example is zkSync, which uses a ZK-rollup consensus model.
in conclusion
in conclusion
Even though it has been live for less than a year, the Ronin Network has proven to us that it is an effective solution for game scaling. Its birth not only achieved the rise of Axie Infinity, but also set off aGameFi and Play-to-earnwave. With the continuous improvement of user experience, new users are more willing to try to get in touch with blockchain games. At the same time, with the blessing of faster speed and lower cost, the game economy is becoming more and more vibrant, and its daily transaction volume even exceeds that of Ethereum.
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