
Router Protocol ROUTEPrice $ 0.0112
ROUTE Price
Router Protocol (ROUTE) has recently migrated from their old contract to a new one. For more information, please read this announcement: https://x.com/routerprotocol/sta... Old token page: https://cryptorank.io/price/rout...
General Info
Contracts/Explorers:
Ethereum
Router Protocol (ROUTE) Chart
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What is Router Protocol (ROUTE)?
The Router Chain is a layer 1 blockchain that leverages tendermint’s Byzantine Fault Tolerant (BFT) consensus engine. 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. By leveraging the CosmWasm toolkit, developers can start building secure blockchain applications on the Router Chain from scratch or port their existing applications to the Router Chain with minimal overhead.
In addition to its functionalities as a blockchain network, the Router Chain provides an innovative solution to the problem of blockchain interoperability. Apart from validating state changes on the Router chain, validators running on the Router Chain can also monitor state changes on other chains. Applications on the Router Chain can write custom logic to trigger events in response to these external state changes. Additionally, applications on the Router Chain can leverage a trustless network of relayers to update states on external chains. Simply put, the Router architecture allows contracts on one chain to interact with contracts on other chains in a secure and decentralized manner.
Router Protocol Price Today
Router Protocol's current price is $ 0.0112, it has dropped -0.51% over the past 24 hours.
Router Protocol's All Time High (ATH) of $ 0.0803 was reached on 31 Jul 2024, and is currently -86.1% down.
You can find more details about Router Protocol on its official website and on the block explorer.
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