Blockchain developers are moving towards a new era – where you won’t even notice the blockchain.
Router Protocol, a project built using Cosmos blockchain technology, said Tuesday it has launched the main network of a new blockchain designed for ‘chain abstraction’ – a concept embraced by many protocols with the aim of making the user experience of blockchains more seamless, especially when it comes to cross-chain transactions.
By removing the complex technical details, users don’t even have to recognize that they are using a specific blockchain. It is championed by ecosystems like NEAR, which recently “chain signatures” as part of their roadmap to fully embrace chain abstraction. Other ecosystems that have embraced chain abstraction include Arcana and Socket.
To make the new Router Chain more seamless in cross-chain interactions, it will focus on “reducing the development barriers and streamlining the development of dApps that can seamlessly interact with multiple blockchains and collect liquidity from each chain,” said a shared press release. with CoinDesk.
In addition to Router Chain, the team is also launching a token bridging solution “that will provide greater security to Cosmos chains,” and “chains in the Cosmos ecosystem will be able to leverage the security of Ethereum and Bitcoin networks, thus reducing inflation. necessary to maintain safety and make it more robust.”
In January the Router team launched Nitro, the first cross-chain bridge built on the Router Chain.
“Router is moving from just a bridge to an overall interoperability ecosystem, and Router Chain is part of that,” said Ramani Ramachandran, founder and CEO of Router Protocol, in an interview with CoinDesk. “Router Chain is at the core of that transformation.”