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Ubisoft, Binance-Validated Blockchain Game Launches Testnet

Ubisoft, Binance-Validated Blockchain Game Launches Testnet
  • Axie Infinity launches a new testnet called Ronin.
  • Specifically, Ronin will pioneer a scaling solution for the Axie Infinity game.
  • Binance and Ubisoft will be the main validators for Ronin.

Ethereum-based blockchain game Axie Infinity has launched a new testnet called Ronin. This will provide a scaling solution for the game. Interestingly, Binance and Ubisoft will be the main inaugural validators to verify transactions.

Specifically, Ubisoft will validate blocks, update price oracles, approve deposits, and ensure asset transfers on Ronin. Also, Axie Infinity announced a bug bounty program alongside. Any developer who will be able to flag critical bugs on the testnet will receive $2,000, the firm assured.

Axie Infinity CEO Jeffrey Zirlin strongly believes the new testnet will help the game to grow faster than ever before.

At the time of writing, Axie Infinity has had almost about 18,000 active monthly users. Despite its already existing Ethereum network functionalities, Ronin will scale the game at a faster rate.

According to the company, the Ronin testnet represents” their desire to carry out “destiny” of their product in their hands. Ronin’s testnet program will be until January 18, next year.

Approvals of about two-third have to be gotten from the validators before individual asset transfer will become acceptable on Ronin.

Going forward, Sky Mavis will be nominating validators to oversee the addition and removal of other validators on the network.

Collins Adane is a writer who follows the crypto industry closely. He loves fish stew and Real Madrid. He believes in cryptocurrency’s potential to transform the money landscape in his native country Ghana.