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Router Protocol, an infrastructure layer enabling communication between blockchains, at this time 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 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 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 % of transactions on Voyager are processed in lower than a minute and 80 % are accomplished in lower than two minutes.
Further options of Voyager embrace:
- Seamless cross-chain swaps – In contrast to 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 classy technical structure that enables new blockchain networks to instantly connect 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 probably the most efficient path to switch worth between chains.
- Stability – Voyager makes use of USDC reserves on either side of the transactions to supply a seamless and safe person expertise with minimal slippage.
- Flexibility – A number of charge choices permit 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 venture has accomplished safety audits from Certik and Halborn and is at the moment present process a 3rd audit from Hacken.
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