Band Protocol has chosen Router Protocol as the primary Knowledge Tunnel supplier for the upcoming Band v3 improve. The Knowledge Tunnel is likely one of the three fundamental elements of Band v3, which goals to broadcast the amassed value knowledge from BandChain to different blockchains and sensible contract platforms. This mechanism improves cross-chain communication and permits builders to simply entry real-time decentralized asset costs.
We’re thrilled to announce @routerprotocol as the primary Knowledge Tunnel supplier for Band v3! This collaboration is ready to revolutionize how value knowledge flows throughout blockchains and the Web3 Ecosystem.
👉 Full Announcement: https://t.co/HGoNheQrbE pic.twitter.com/qEQfYpwkWx
— Band Protocol (@BandProtocol) January 24, 2025
The Knowledge Tunnel leverages BandChain’s Concurrent Worth Stream, enabling safe and cost-efficient transmission of value feeds. To offer cryptographic ensures, the Knowledge Tunnel employs the Threshold Signature Scheme (TSS) which reduces proof prices and maintains the safety of the information relay. The function allows the dissemination of value feeds throughout a number of ecosystems by leveraging the integrating performance of suitable protocols resembling Router.
Router Protocol’s Position in Band v3 Ecosystem
Router Protocol is the most recent addition to the checklist of companions within the Band Protocol ecosystem and is a blockchain interoperability platform. router is a cross-chain messenger service which has a deep integration with the Cosmos SDK and CosmWasm. This interconnection permits for transition between BandChain and Router’s ecosystem by means of the implementation of IBC protocol.
Router Protocol will decrypt and ahead the worth feeds acquired from BandChain to different supported blockchains by way of Router. Thus, Router helps to handle protected and efficient knowledge transmission whereas permitting builders to obtain reliable value knowledge with out further integration difficulties. This partnership displays Band Protocol’s purpose of developing a decentralized knowledge infrastructure for the Web3 group.
Penalties for Builders and the Web3 Setting
Band Protocol and Router Protocol partnership is predicted to profit builders constructing decentralized purposes (dApps). Router will now present easy accessibility to actual time value knowledge aggregated from Band v3, which is essential for DeFi and different tokenized property.
This partnership may also assist drive the combination of Band Oracles on Router’s supported blockchains to advance the Web3 ecosystem. The current introduction of Oracle features in Band v2 will assist builders create safer and scalable cross-chain purposes sooner or later when Band v3 is launched.
