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Router - Undisclosed
Overview
About Router - Undisclosed
Router Protocol said in a press release that it has recently raised more than expected funds for further development—but didn't disclose exactly how much. The investment realized from this raise will be used to fuel its own fully operational layer 1 blockchain, thus breaking away from the Binance and Polygon ecosystem.
Founders & Team
Chandan Choudhury
Ramani 'Ram' Ramachandran
Company Profile / Project Introduction
Router Protocol is a pioneering cross-chain solution that enables secure and efficient communication between blockchain networks. The L1 Router Chain uses Tendermint's BFT consensus to address interoperability challenges while enhancing security and scalability through decentralisation. The Chain enables cross-chain meta transactions, stateful bridging, transaction batching, and batch atomicity, providing a modular framework for building cross-chain dApps in web3. The use cases range from cross-chain NFTs, cross-chain governance, and cross-chain stablecoins to cross-chain oracles and cross-chain marketplaces. Router's CrossTalk library is an extensible cross-chain framework that enables seamless state transitions across multiple chains, supporting both stateful and stateless bridging.