Multichain, a blockchain platform, has recently released zkRouter. zkRouter is a trustless cross-chain infrastructure that is built on zero-knowledge-proof technology. The platform, in the Whitepaper of the project, noted the significance of zkRouter. Multichain mentioned that the blockchain sector has been making a lot of endeavours to advance while eliminating the newly witnessed vulnerabilities.
Multichain Introduces zkRouter to Cope with Challenges Posed to Cross-Chain Bridges
As per Multichain, the cross-chain bridges have been significant role players in diverse blockchain ecosystems as well as the assistive cross-chain interoperability. Nonetheless, the previous couple of years has brought to the front that the security issues in cross-chain bridges are fatal for the industry. Massive losses resulted due to such vulnerabilities. Keeping this in view, Multichain has introduced zkRouter.
The platform highlighted that the project does not depend on trust mechanisms and comprises a smooth on-chain computing system. The other features of the project take into account no asset loan, low latency, as well as universal usability. In the whitepaper of the zkRouter protocol, the company discussed the problems in the existing cross-chain protocols and noted that they have attempted to overcome them with the latest launch.
The key advantages of using zkRouter take into account the improved verification of consensus proof, security model, as well as interoperability. At the end of the whitepaper, Multichain disclosed that the issue at the back of cross-chain bridges is an inadequate dependence on trust apparatuses.
Platform Invites Developers to Collaborate
Hence, a general and trustless cross-chain infrastructure called zkRouter has been proposed by the platform to eliminate the likely hazards. It added that moving forward with this protocol is included in the company’s endeavour to construct a secure blockchain ecosystem. Multichain also invited additional developers who intend to take part in zkRouter’s construction as well as a relevant ecosystem to be built on the firm’s blockchain.
