Router Protocol, a decentralized blockchain network supported by Coinbase Ventures, has announced the mainnet launch of its Layer-1 solution, Router Chain. The launch, set for Tuesday, aims to bridge Bitcoin and Ethereum security to chains in the Cosmos ecosystem, enabling fully interoperable decentralized applications.

Router Protocol’s mainnet launch introduces chain abstraction technology, allowing developers to create dApps for cross-chain money markets, omnichain tokens, and other use cases.

Router Chain Eyes a Chain Abstracted Ecosystem

Chain abstraction relates to the defragmentation of the blockchain ecosystem, allowing users to interact with dApps from any chain without having to exit their current application. Abstraction also enables interaction with applications on disparate chains via any token, with blockchains benefitting from aggregated liquidity.

Router Protocol highlighted in an update that its mainnet launch is another step towards addressing challenges facing developers and the community regarding chain abstraction within the Web3 ecosystem. The protocol offers a product suite that includes Router Chain, Nitro, and CCIF to achieve this goal.

Router Chain is a proof-of-stake Layer-1 chain leveraging Tendermint’s BFT consensus mechanism and offers compatibility with EVM and non-EVM chains. Meanwhile, the Cross-Chain Intent Framework is a plug-and-play infrastructure for cross-chain dApps, and Nitro supports cross-chain swaps.

“By abstracting blockchain complexities, Router Protocol not only advances chain abstraction technology but enables the next generation of decentralized applications to seamlessly interact across multiple chains, boosting efficiency and reducing costs. This is the development Web3 has been waiting for,” Router Protocol founder and CEO Ramani Ramachandran said.

ROUTE as Gas Token

Router Protocol’s mainnet launch also allows developers and users to benefit from features such as optimistic reverse verification and fast finality for quick cross-chain transfers. Middleware interceptors provide customizable interactions and composability.

According to Router Protocol, the ROUTE token will serve as the platform’s gas token and offer staking rewards for holders.

Bridging Bitcoin, Ethereum to Cosmos

Features that come with Router Chain’s mainnet launch include canonical bridges, omnichain tokens, alloyed assets, and cross-chain money markets. Developers can leverage Router Chain for decentralized applications for cross-chain lending, borrowing, and trading.

Router Chain’s multi-chain dApps feature means developers can tap into Bitcoin or Ethereum’s security while leveraging Solana for low transaction costs and speed. Router plans to launch a bridging solution for Cosmos to help mitigate the chain’s security limitations.

Also backed by QCP Capital and Wintermute among other investors, Router Protocol looks to expand beyond the over 30 EVM and non-EVM chains it currently supports. Router Protocol has partnerships with Circle, Osmosis, and Electron Labs, while its CCIF integrations include Lido, Benqi, Stakestone, and Aerodrome.

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