Router Protocol Announces Layer 1 Blockchain

Router Protocol announced that it has successfully developed a Layer 1 blockchain using Cosmos’ Tendermint Consensus. The protocol aims to solve extant problems in Blockchain Interoperability with its Router Chain. The project aims to resolve existing issues in blockchain interoperability with the Router Chain.

According to the announcement, the Router Chain will provide a modular, composable framework for true-blue cross-chain Decentralized Applications (DApps) to be built in web3. Router Protocol claims that this development will help onboard the next billion users on to web3.

Also Read: Shytoshi Kusama Locks Shibarium Channel; Something Big Is Coming?

Router unblocks and unites large blockchain networks

Router blockchain is unblocking and uniting bigger blockchains, including Polygon, Ethereum, and non-EVM ecosystems. Router is uniting non-EVM ecosystems like Cosmos and Substrate-based chains by allowing delegation of cross-chain transactions that are not required to be performed on-chain like voting. Router Chain will act as a data-aggregation layer to all the mentioned networks.

1/ We have developed a Layer-1 blockchain using @cosmos‘ Tendermint Consensus to solve extant problems in Blockchain Interoperability. 

The Devnet is now live: https://t.co/RnS1U2ydQ5 pic.twitter.com/88WcrB4oge

— Router Protocol (@routerprotocol) February 15, 2023

The Router chain is secured with its underlying tendermint consensus engine with a decentralized network of validators. The network offers three levels of security, first being the blockchain level. The blockchain level security is derived from the underlying Byzantine Fault Tolerant Tendermint Consensus.

The second level of security is at the bridge level – where all of the inbound and outbound requests are authenticated. The third level is the application level, in which dApps have their own individual authenticators for signing the contract on the Router Chain.

How dApps work on the Router Chain?

Decentralized apps built on Router Chain can interact with any blockchain ecosystem without the need for a bridge. The infrastructure allows dApps to avail benefits of each such as: ecosystem growth, liquidity, community adoption, or salient technical features of each blockchain network. Router protocol allows stateful interactions between the contracts on one chain with another, in a secure and a decentralized manner.

Router Protocol raised $4 million last year in January from noted investors, including Coinbase Ventures, QCP, Polygon, and Wintermute.

Jai Pratap is a Crypto and Blockchain enthusiast with over three years of working experience with different major media houses. His current role at Coingape includes creating high-impact web stories, cover breaking news, and write editorials. When not working, you’ll find him reading Russian literature or watching some Swedish movie.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.