Router Protocol, an infrastructure layer enabling communication between blockchains, at this time introduced the launch of Voyager, a cross-chain bridge with enhanced security measures and quick transaction speeds.
Voyager’s structure is designed in another way than commonplace 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 complete 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 property, which minimizes a further frequent assault vector. Voyager additionally makes use of on-chain validation, which is safer than protocols utilizing off-chain consensus.
Along with the slew of security measures, customers can make the most of the bridge’s high-speed efficiency – over 50 % of transactions on Voyager are processed in lower than a minute and 80 % are accomplished in lower than two minutes.
Extra options of Voyager embrace:
- Seamless cross-chain swaps – In contrast to the overwhelming majority of bridges, Voyager offers 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 classy technical structure that permits new blockchain networks to right away hook up with different taking part chains.
- A customized pathfinder algorithm – Voyager makes use of Router’s proprietary pathfinder algorithm, powered by 1inch, which runs off-chain and searches for essentially the most efficient path to switch worth between chains.
- Stability – Voyager makes use of USDC reserves on each side of the transactions to supply a seamless and safe person expertise with minimal slippage.
- Flexibility – A number of payment choices enable Voyager to be one of the 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 set 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 venture has accomplished safety audits from Certik and Halborn and is at the moment present process a 3rd audit from Hacken.
