Blockchain
Blockchain infrastructure firm Router Protocol has revealed the devnet of its layer-1 blockchain at the moment.
The brand new blockchain, named Router Chain, is designed to handle cross-chain communication points together with safety, scalability and decentralization.
The L1 answer is constructed utilizing the Cosmos software program growth package (SDK) and depends on Tendermint’s Byzantine Fault Tolerant (BFT) Consensus Algorithm for block finality.
Tendermint’s consensus engine prevents malicious assaults because it’s designed in order that greater than two-thirds of validators need to be in consensus for a block to be mined — which means {that a} community would solely be compromised if 67% of its validators select to assault it.
Though the blockchain is constructed utilizing a Cosmos SDK, Metamask integrations may even be obtainable, in line with Priyeshu Garg, the co-founder of Router Protocol.
In contrast to conventional cross-chain options, varied dapps could be deployed on the router chain itself, Garg informed Blockworks in an interview.
The dapps will probably be interoperable by default — with out the necessity for added bridging options, he stated.
“The good thing about deploying a dApp on the router chain could be that the validators of the outer chains are going to be the validators of the bridge to the completely different chains,” Garg stated. “You’ll be able to name it a shared safety mannequin through which your bridges are secured by the blockchain validators.”
There are at the moment solely 4 validators on the devnet of the blockchain, and all of them are internally run, Garg stated. The protocol plans so as to add exterior validators in April and is focusing on not less than 50.
Conventional blockchain bridges are sometimes created with a mother or father chain in thoughts — however Router’s new chain is designed with cross-chain composability in thoughts, Mankena Venkatesh, Router’s chief blockchain architect, informed Blockworks. The brand new blockchain will supply a stateful middleware enabling liquidity to circulate simply by way of completely different chains.
The first function of getting a middleware chain, in line with Venkatesh, is for functions to grow to be genuinely cross-chain.
Router Chain can be utilized to execute transactions on each its on-chain and its vacation spot chains, he stated.
“You’ll be able to set off batch requests from the supply chain and specify which tokens you wish to switch…so your dapp is performing as a bridge and can obtain the inbound request then it might probably set off an outbound request to some other chain,” Venkatesh stated.
Router protocol will probably be among the many many gamers getting into the cross-chain communications market. The event of blockchain interoperability will seemingly help with extra mainstream adoption of blockchain expertise as an entire.
