Cross-chain Privacy bridge for messaging and/or token transfer
Router Protocol V2 is an omnichain framework that enables interoperability among blockchain and smart contracts. Router Protocol’s V1 has been on the mainnet since January 2022 with a Proof-of-Authority permissionless bridge that enables any token to be swapped across any supported 10 EVM chains, with over 100k+ transactions since its launch with a transaction volume of over $630M. The current TVL in the ecosystem is around $526k.
Router V2 is — Router chain, a layer 1 blockchain that leverages tendermint’s Byzantine Fault Tolerant (BFT) consensus engine. Router Chain enables interoperability via omnichain framework, cross chain messaging (Crosstalk) and liquidity/token transfers (Voyager). As a Proof of Stake (PoS) blockchain, the Router chain is primarily run by a network of validators with economic incentives to act honestly. The Router chain is built using the Cosmos SDK and encapsulates all the features of Cosmos, including fast block times, robust security mechanisms, and, most importantly, CosmWasm - a security-first smart contract platform.
Router V2's pull request has already been merged with Celer for Uniswap's Multibridge Cross-chain governance.
As a way to align interests and product market fit, we want to give the SCRT grant wallet a percentage of fees (which will be mutually agreed upon by Secret and Router) generated from the transaction fees collected for using the cross-chain privacy bridge. This way the grant will pay for itself with sufficient usage and time. In this way, the project can be a source of funding for future development efforts by the SCRT network.
Problem / Solution
On-chain cross-chain transfers are public. With Secret Network, an option for private cross-chain transfers can be enabled.
The Router Protocol team comprises many industry veterans. The team is led by MIT alumnus Ramani Ramachandran.
Ramani Ramachandran (Co-founder & CEO)
Ramani Ramachandran (Ram) is the Founder and CEO of Router Labs, which runs Router Protocol. Ram has been in crypto since 2014. Prior to Crypto, Ram was in the financial services industry and spent time across various functions including product management, research, fundraising, and investments across the US, Europe, and Asia.
Shubham Singh (Co-founder & CTO)
Full-stack Developer and Technical Architect building in crypto and blockchain since 2016; Built a crypto-index (108token) as well as Fordex - the world’s first stablecoin DEX.
Chandan Choudhary (Co-Founder)
Head of Strategy at Bitpolo, a leading Indian crypto exchange; Veteran trader and advisor across asset classes spanning over 15 years. Energy trader at Futures first; Managed crypto fund, generating 4x returns; Head of Ops & Market Research at Tradelab
Priyeshu Garg ( Co-Founder)
Priyeshu leads the research and developer-relations wing at Router. Past stints include software engineering at Ola, crypto journalism at Cryptoslate and product at Qredo.
Mankena Venkatesh (Blockchain Engineer)
He is a core engineer at Router Protocol currently building Routerchain. He previously worked as a Blockchain engineer at Matic (now Polygon) and Injective protocol.
Prof. Ashutosh Sahoo (Chief of Strategy & Marketing)
Prof. Ashutosh Sahoo is a blockchain ecosystem growth specialist. Since 2021 he has been involved in building a trade finance protocol on blockchain, Polytrade, and Reef - a substrate-based Layer 1 as the Chief Growth Officer. Prior to his foray into blockchain and academia, Prof. Sahoo has held leadership roles for over 15 years in strategy , operations, sales and marketing functions in FMCG, IT, manufacturing and real estate industries with brands of global renown like Hewlett-Packard, Johnson & Johnson, Lodha Group, Trump Organization and Sobha Realty.
Cross-chain Privacy bridge for messaging and/or token transfer
Router Protocol V2 is an omnichain framework that enables interoperability among blockchain and smart contracts. Router Protocol’s V1 has been on the mainnet since January 2022 with a Proof-of-Authority permissionless bridge that enables any token to be swapped across any supported 10 EVM chains, with over 100k+ transactions since its launch with a transaction volume of over $630M. The current TVL in the ecosystem is around $526k.
Router V2 is — Router chain, a layer 1 blockchain that leverages tendermint’s Byzantine Fault Tolerant (BFT) consensus engine. Router Chain enables interoperability via omnichain framework, cross chain messaging (Crosstalk) and liquidity/token transfers (Voyager). As a Proof of Stake (PoS) blockchain, the Router chain is primarily run by a network of validators with economic incentives to act honestly. The Router chain is built using the Cosmos SDK and encapsulates all the features of Cosmos, including fast block times, robust security mechanisms, and, most importantly, CosmWasm - a security-first smart contract platform.
Router V2's pull request has already been merged with Celer for Uniswap's Multibridge Cross-chain governance.
As a way to align interests and product market fit, we want to give the SCRT grant wallet a percentage of fees (which will be mutually agreed upon by Secret and Router) generated from the transaction fees collected for using the cross-chain privacy bridge. This way the grant will pay for itself with sufficient usage and time. In this way, the project can be a source of funding for future development efforts by the SCRT network.
Problem / Solution
On-chain cross-chain transfers are public. With Secret Network, an option for private cross-chain transfers can be enabled.
Detailed product description
Router V2 Architecture
Team members
The Router Protocol team comprises many industry veterans. The team is led by MIT alumnus Ramani Ramachandran.
Ramani Ramachandran (Co-founder & CEO)
Ramani Ramachandran (Ram) is the Founder and CEO of Router Labs, which runs Router Protocol. Ram has been in crypto since 2014. Prior to Crypto, Ram was in the financial services industry and spent time across various functions including product management, research, fundraising, and investments across the US, Europe, and Asia.
Shubham Singh (Co-founder & CTO)
Full-stack Developer and Technical Architect building in crypto and blockchain since 2016; Built a crypto-index (108token) as well as Fordex - the world’s first stablecoin DEX.
Chandan Choudhary (Co-Founder)
Head of Strategy at Bitpolo, a leading Indian crypto exchange; Veteran trader and advisor across asset classes spanning over 15 years. Energy trader at Futures first; Managed crypto fund, generating 4x returns; Head of Ops & Market Research at Tradelab
Priyeshu Garg ( Co-Founder)
Priyeshu leads the research and developer-relations wing at Router. Past stints include software engineering at Ola, crypto journalism at Cryptoslate and product at Qredo.
Mankena Venkatesh (Blockchain Engineer)
He is a core engineer at Router Protocol currently building Routerchain. He previously worked as a Blockchain engineer at Matic (now Polygon) and Injective protocol.
Prof. Ashutosh Sahoo (Chief of Strategy & Marketing)
Prof. Ashutosh Sahoo is a blockchain ecosystem growth specialist. Since 2021 he has been involved in building a trade finance protocol on blockchain, Polytrade, and Reef - a substrate-based Layer 1 as the Chief Growth Officer. Prior to his foray into blockchain and academia, Prof. Sahoo has held leadership roles for over 15 years in strategy , operations, sales and marketing functions in FMCG, IT, manufacturing and real estate industries with brands of global renown like Hewlett-Packard, Johnson & Johnson, Lodha Group, Trump Organization and Sobha Realty.
Project Links
Website
Docs
Github
Twitter
FAQ on Security
Request/Grant Usage
Grant Timeline Total Estimate: ~4-6 months
Cosmwasm contract updates (~1-2 months) Indexer Updates (~1-2 months) UI Updates (~1-2 months)
Milestones:
Finish: Cross-chain Privacy bridge for messaging and/or token transfer