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Router Protocol launches its modular cross-chain bridge: Voyager » CryptoNinjas

by SB Crypto Guru News
July 3, 2022
in Crypto Updates
Reading Time: 2 mins read
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Router Protocol, an infrastructure layer enabling communication between blockchains, at present introduced the launch of Voyager, a cross-chain bridge with enhanced safety features and quick transaction speeds.

Voyager’s structure is designed in a different way than normal bridges.

Notably, it wants little or no TVL to finish transfers, making the bridge much less of a honeypot from a safety standpoint. As a substitute of specializing in TVL, Voyager emphasizes whole quantity transacted – a extra related and environment friendly measure for bridges.

The contracts dealing with the logic of cross-chain transfers on Voyager are separate from contracts dealing with reserve belongings, which minimizes an extra widespread assault vector. Voyager additionally makes use of on-chain validation, which is safer than protocols utilizing off-chain consensus.

Along with the slew of safety features, customers can benefit from the bridge’s high-speed efficiency – over 50 p.c of transactions on Voyager are processed in lower than a minute and 80 p.c are accomplished in lower than two minutes.

Further options of Voyager embrace:

  • Seamless cross-chain swaps – Not like the overwhelming majority of bridges, Voyager gives seamless cross-chain swaps and never simply asset transfers. This eliminates the necessity for additional transactions on the supply and vacation spot chain.
  • Scalability – As a substitute of making a 1-1 bridge for each connection, Voyager is powered by Router Protocol’s messaging mesh, a complicated technical structure that permits new blockchain networks to right away hook up with different collaborating chains.
  • A customized pathfinder algorithm – Voyager makes use of Router’s proprietary pathfinder algorithm, powered by 1inch, which runs off-chain and searches for probably the most efficient path to switch worth between chains.
  • Stability – Voyager makes use of USDC reserves on each side of the transactions to offer a seamless and safe person expertise with minimal slippage.
  • Flexibility – A number of charge choices enable Voyager to be one of the vital cost-effective bridges.

Quickly, Voyager will add updates together with staking, intuitive UI, and integrations of extra EVM and non-EVM networks.

“Voyager is a big leap in direction of constructing a chain-agnostic, extra inclusive web3 ecosystem. It’s Router’s flagship dApp in a collection of merchandise that may empower devs to create options that may speed up the cross-chain evolution.”
– Ramani Ramachandran, Co-Founder & CEO of Router Protocol

Router Protocol has taken a number of measures to safe its community. Along with a bug bounty program with Immunefi, the mission has accomplished safety audits from Certik and Halborn and is presently present process a 3rd audit from Hacken.



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Tags: Bitcoin NewsbridgecrosschainCrypto NewsCrypto UpdatesCryptoNinjasLatest News on CryptoLaunchesmodularprotocolRouterSB Crypto Guru NewsVoyager
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