Key takeaways
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Router Protocol’s Router Chain launches on testnet.
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Router Chain aims to increase Web3 adoption by solving existing problems in cross-blockchain communications.
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The testnet is available on Ethereum (Goerli), Polygon (Mumbai), Avalanche (Fuji), Base, and BNB Chain blockchains.
Router Protocol’s Router Chain launches on testnet
Router Protocol, an infrastructure enterprise enabling communication between blockchains, announced on Wednesday, May 23rd, that it has launched the testnet of its Layer 1 blockchain.
In a press release shared with Coinjournal, Router Protocol revealed that the primary purpose of Router Chain is to increase Web3 adoption by solving existing problems in cross-blockchain communications, such as security, scalability, decentralization, and a lack of true-blue cross-chain dApps.
Router Chain grants developers numerous benefits, including;
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Infra-level Flexibility: With Router Chain, developers are no longer limited to a single type of bridging infrastructure. They can develop IDAPPS – apps that are interoperable by default – using Router’s stateful infra (OmniChain framework) or stateless infra (CrossTalk framework), depending on their requirements.
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Modular Security: With Router Chain, dApps have access to three layers of security – at the protocol level, bridge level, and application level. This implies that dApps can implement their own security measures on top of the baseline security model provided by the Router Chain.
With Router Chain, developers also have access to other features such as;
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MetaMask Compatibility
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Cross-chain Meta Transactions
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Acknowledgments and Refunds
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Decentralized Read Calls
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Transaction Batching
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Atomicity
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Expiry Timestamp
Testnet launch supports five major blockchain networks
The Router Protocol team added that testnet Mandara also allows external validators to participate in the network for the first time. This is an incredible milestone for the protocol as it makes it possible to achieve true decentralisation.
Router Protocol added that it has already started onboarding external validators, with a goal to onboard over 60 during testnet to secure its network.
The team revealed that the testnet launch supports five blockchain networks: Ethereum (Goerli), Polygon (Mumbai), Avalanche (Fuji), Base, and BNB Chain. Router Protocol would add support for the Near blockchain after the testnet launch.
While commenting on this latest cryptocurrency news, Ramani Ramachandran, co-founder and CEO of Router Protocol, said;
“The testnet launch brings us a step closer to true blockchain interoperability. This is the first time users can interact with Router Chain in a multitude of ways and see the capabilities on full display. The days of siloed user and developer experiences across blockchains are numbered as we move closer to a Web3 experience with significant improvements in UX, infrastructure, security, and scalability.”
Ravindra Kumar, Founder and CEO of Frontier, added that;
“IDAPPs hold the key to unlocking a decentralized future, where there are no barriers between blockchain networks. Cross-chain dApps are enabling us to transcend the limitations of individual blockchains, fostering collaboration, scalability, and true interoperability.”
Router Protocol has been building despite the current bear market. In December 2022, Router Protocol announced that it had partnered with Circle’s Cross-Chain Transfer Protocol to make USD Coin (USDC) interoperable.
The post Router Protocol launches testnet for Router Chain appeared first on CoinJournal.
