The Ronin Network, a game-changing Blockchain designed for efficient web3 gaming, has introduced a significant upgrade to its official mobile wallet. This comprehensive update to Ronin Wallet, developed by Sky Mavis, will be rolled out over the following two weeks. The upgrade promises improved security, multi-chain support, and a refreshed design. The update is expected to pave the way for an improved and secure gaming experience for users.
Improved Security for Peace of Mind
The new Ronin Wallet is built with user security as an important consideration with the integration of MPC (Multi-Party Computation) technology. This innovative feature divides the wallet into separate shares and will require multiple shares to access the funds. This significantly increases security as this will eliminate the risk of a single private key vulnerability.
In addition, MPC makes the onboarding process much easier, as it facilitates a plug-and-play experience for users and enables easy logins across multiple Ronin games like Pixle and Axie Infinity. It is pertinent to mention that last year Ronin also added support for Binance Pay to facilitate its users to swap cryptocurrency for tokens from Axie Infinity.
Leveraging Multi-Chain Support
Breaking down network barriers, the Ronin Wallet now features multi-chain support. Ethereum users can easily join the Ronin community by using their existing seed phrase. This integration transforms the Ronin Wallet into a multipurpose hub that can connect users to various Blockchains, and enable them to interact with dapps, manage NFTs, and also the ERC-20 tokens across multiple chains. This broader reach has expanded the potential of Ronin and may open doors for wider adoption within the web3 gaming landscape.
A Sleek New Design for Intuitive Navigation
In addition to the technical elements, the 2024 update also features a visually appealing and functionally superior design. Users can now expect detailed NFT views, get individual token activity history, and an in-app Ronin Wallet browser for convenient access to information and resources. Additionally, the update integrates news from Ronin, Sky Mavis, and Axie so that the users can stay informed about the latest developments within the system.
Upgrading Your Ronin Wallet
For users who are eager to experience the new features and transition to the newer version, the upgrade process is pretty basic. All you need to do is head to your respective app store and search for the Ronin Wallet update. Once you are there, follow the prompts and upgrade your wallet.
As a precautionary measure, it is advised to remember to review your seed phrase or recovery password before you update. It is pertinent to note that existing wallets will remain accessible throughout the rollout period to ensure that users have uninterrupted access to funds.
Stepping into the Future of Web3 Gaming
The 2024 Ronin Wallet update marks a noteworthy jump forward for the web3 gaming industry. Improved security with MPC technology, multi-chain capabilities that will break down the network barriers, and a user-friendly design all contribute to a more secure, versatile, and ultimately enjoyable gaming experience.
As Ronin continues to shape the future of web3 gaming, this update lays the groundwork for wider adoption and makes way for a truly immersive and interconnected gaming future.
Celine Brooks is a renowned journalist and author specializing in cryptocurrency and blockchain technology. She holds a Master’s degree in Economics from Harvard University and is very passionate about Crypto. Celine regularly hosts webinars and workshops, sharing her insights and forecasts about the evolving digital currency landscape. She is also an active contributor to several leading financial and tech publications, where she breaks down complex crypto trends into understandable insights for everyday investors.