Ethereum, Polygon, and BNB Chain Now Available ON Ronin Gaming Wallet
Ronin is a gaming wallet developed by the company Immutable, specifically designed for the gaming industry. It is built on the Ethereum blockchain and aims to provide gamers with a seamless and secure platform to manage their digital assets.
The Ronin gaming wallet offers various features that cater to the needs of gamers. One of its key features is the ability to store, trade, and manage non-fungible tokens (NFTs) related to games. NFTs are unique digital assets that represent ownership of in-game items, characters, or collectibles. Ronin allows gamers to securely store and easily access their NFTs, providing a convenient way to manage their digital collections.
Another notable feature of the Ronin wallet is its integration with various gaming platforms. It is specifically designed to work with games developed on the Immutable X platform, which is a layer 2 scaling solution for Ethereum. This integration enables faster and more cost-effective transactions, as well as a seamless gaming experience for users.
Ronin's mobile wallet for both iOS and Android devices is set to receive an enhanced security feature and an updated design. This update will allow users to access and view additional information regarding their cryptocurrency and non-fungible tokens (NFTs).
The official crypto wallet for the Ronin blockchain has recently undergone a significant upgrade. Sky Mavis, the creator of the popular NFT game Axie Infinity and the team responsible for the Ronin gaming sidechain on Ethereum, have introduced a new feature to the Ronin wallet mobile app for iOS and Android. This update enables the wallet to support multiple blockchains, enhancing its functionality and usability.
The recent update to the Ronin wallet mobile app now allows users to access the Ethereum mainnet, the Ethereum sidechain Polygon, and Binance's BNB Chain. This information was shared through an image in the official announcement.
The latest release of the app, which started its gradual rollout this week, introduces several new features. These include an integrated web browser within the app, an enhanced visual design with additional information on token activities and NFTs, and support for multi-party computation (MPC), among other improvements.
Ronin Wallet's new MPC feature is an optional security measure that enables crypto traders to split their wallet's login information on the backend. Instead of relying on a single private key, this feature requires two or more pieces of login information to access the wallet.
According to the blog post, by combining the MPC feature with a social login, users can utilize this feature across various Ronin-based games such as Axie Infinity and Pixels without the need to create multiple wallets.
In the previous year, the popular social farming MMORPG Pixels experienced a significant increase in user engagement after transitioning to the Ronin platform. Shortly after, the Ronin wallet introduced Binance Pay integration, enabling users to easily exchange cryptocurrencies for Axie Infinity tokens such as AXS and SLP.
Competition is intensifying in the gaming wallet space as crypto companies like Magic Eden, Sequence, and Immutable introduce their own wallets. These companies are continuously adding new features to attract and retain users, creating a heated environment of competition.
