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Router Protocol is bringing cross-chain dApps to the fore in ETHIndia.
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The team will test new cross-chain capabilities at the event to spotlight interoperability.
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The router protocol technology stack makes it easier for blockchain projects to attract users.
Cross-chain feature of Router Protocol on display at ETHIndia
Router Protocol, the infrastructure layer that enables communication between blockchains, will test new cross-chain capabilities to spotlight interoperability at Asia’s largest Ethereum hackathon, ETHIndia, on Nov. 28. announced.
According to a press release shared with Coinjournal, Router Protocol is the sponsor of the event, revealing it will be hosting a hackathon to drive technological advancements in cross-chain solutions, especially “true blue” cross-chain dApps. .
While commenting on this latest cryptocurrency newsRamani Ramachandran, co-founder and CEO of Router Protocol, said:
“The next wave of innovation in Web 3.0 will be chain-agnostic. Blockchain networks must adapt to remain relevant and connected. Our goal at ETHIndia is to: It’s about introducing interoperability features and educating developers on how to cross-chain their projects.”
The protocol’s technology stack has various advantages for the project, such as attracting a user base from different networks. Deployment of cross-chain NFTs. It offers staking opportunities on multiple Layer 2 networks and deploys tokens as cross-chain assets, allowing users to create and exchange tokens across different chains. The team believes its service is truly decentralized and allows users to manage their funds.
Routers Protocol continues to build in a bear market
This news will come in 2 months Announcement of router protocols Adding veteran cross-chain developer Mankena Venkatesh to the team. Venkatesh is a former member of the Injective and Polygon teams and has assumed the role of chief his blockchain architect at Router Protocol.
Over the past few months, Router has partnered with over 50 Web 3.0 projects on 10 blockchain networks. The CEO concluded:
“A bear market is ultimately a builder market and we are a team of core builders. I am excited to lead the interoperability conversation at ETHIndia and show people what they can build with our technology.” I have.”
Router Protocol is building a suite of cross-chain communication infrastructure primitives aimed at seamlessly providing a bridging infrastructure between current and emerging layer 1 and layer 2 blockchain solutions.
The project has raised $4.1 million in a strategic round led by Coinbase Ventures, QCP, De-Fi Capital, Polygon, Wintermute, Shima, Woodstock and Bison Ventures.
