Router Protocol, a platform that seeks to boost seamless and safe communication between blockchains, has introduced a brand new cross-cross bridge set to convey subsequent technology safety and efficiency options to blockchains.
The modular cross bridge is dubbed Voyager, and can present for not simply safe communication but in addition quick transaction speeds (50% of transactions in underneath a minute and over 80% in underneath two minutes) – giving customers one of the best of blockchain interoperability.
Interoperability with enhanced safety
The Router Protocol additionally mentioned in a press launch obtained by Invezz that Voyager’s structure permits for transfers based mostly extra on complete quantity transacted than complete worth locked (TVL).
Cross-chain switch contracts on Voyager are additionally separate from reserve property contracts, whereas validation is on-chain and never off-chain.
Collectively, these options tremendously decrease assault vectors.
Efficiency options
- Messaging mesh, a sophisticated technical function that permits for increased scalability by enabling new blockchains to hook up with different chains thus eradicating the necessity for a 1-1 bridge for each different connection.
- Voyager additionally makes use of a 1inch powered customized pathfinder algorithm so as to add effectivity to cross-chain worth switch, whereas the usage of USDC permits for transaction stability and minimal slippage.
- Seamless cross-chain swaps eradicate further transaction prices.
The launch of Voyager presents a “important leap in direction of constructing a chain-agnostic, extra inclusive Web3 ecosystem,” Ramani Ramachandran, the co-founder and CEO of Router Protocol mentioned in a press release.
He famous that the “flagship” dApp comes with a “suite of merchandise that can empower builders globally to create options that can speed up the cross-chain evolution.”
Router raised $4.1 million in a strategic funding spherical, with individuals together with Coinbase Ventures, Polygon, QCP, Woodstock, and De-Fi Capital amongst others. The protocols plans to make use of the funds to drive additional growth within the cross-chain interoperability ecosystem.
