Blockchain builders are pushing towards a brand new period – the place you will not even discover the blockchain.
Router Protocol, a undertaking constructed utilizing Cosmos blockchain expertise, stated Tuesday that it launched the primary community of a brand new blockchain designed for “chain abstraction” – an idea embraced by many protocols with the intention of creating the person expertise of blockchains extra seamless, particularly relating to cross-chain transactions.
By taking the complicated technicalities away, customers don’t even want to acknowledge that they’re utilizing a selected blockchain. It has been championed by ecosystems like NEAR, which just lately launched “chain signatures” as a part of their roadmap to fully embrace chain abstraction. Different ecosystems which have embraced chain abstraction are Arcana and Socket.
To make the brand new Router Chain extra seamless in cross-chain interactions, it would deal with decreasing “the event limitations and streamlining the event of dApps that may seamlessly work together with a number of blockchains and combination liquidity from any chain,” in accordance with a press launch shared with CoinDesk.
Along with Router Chain, the group can also be launching a token-bridging resolution “that may provide elevated safety to Cosmos chains,” and “chains within the Cosmos ecosystem will have the ability to leverage the safety of Ethereum and Bitcoin networks, decreasing the inflation required to keep up safety and making them extra strong.”
In January, the Router group launched Nitro, the primary cross-chain bridge constructed on the Router Chain.
“Router is transitioning from being only a bridge to total interoperability ecosystem, and Router Chain a part of that,” stated Ramani Ramachandran, founder and CEO of Router Protocol, in an interview with CoinDesk. “Router Chain is on the core of that transformation.”