Blockchain
Blockchain infrastructure firm Router Protocol has revealed the devnet of its layer-1 blockchain right this moment.
The brand new blockchain, named Router Chain, is designed to handle cross-chain communication points together with safety, scalability and decentralization.
The L1 resolution is constructed utilizing the Cosmos software program improvement 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 must be in consensus for a block to be mined — that 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 will even be accessible, based on Priyeshu Garg, the co-founder of Router Protocol.
In contrast to conventional cross-chain options, varied dapps will be deployed on the router chain itself, Garg informed Blockworks in an interview.
The dapps might be interoperable by default — with out the necessity for extra bridging options, he mentioned.
“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 totally different chains,” Garg mentioned. “You may name it a shared safety mannequin during which your bridges are secured by the blockchain validators.”
There are at present solely 4 validators on the devnet of the blockchain, and all of them are internally run, Garg mentioned. The protocol plans so as to add exterior validators in April and is concentrating on a minimum of 50.
Conventional blockchain bridges are sometimes created with a guardian 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 provide a stateful middleware enabling liquidity to circulate simply by way of totally different chains.
The first goal of getting a middleware chain, based on Venkatesh, is for functions to develop into genuinely cross-chain.
Router Chain can be utilized to execute transactions on each its on-chain and its vacation spot chains, he mentioned.
“You may 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 could possibly set off an outbound request to another chain,” Venkatesh mentioned.
Router protocol might be among the many many gamers getting into the cross-chain communications market. The event of blockchain interoperability will probably help with extra mainstream adoption of blockchain know-how as an entire.
