bloXroute

bloXroute

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bloXrouteis a scalability solution which allows all cryptocurrencies and blockchains to scale to thousands of transactions per second (TPS) on-chain, without changing their protocol.
Data is not available
Jun, 2018
Jul, 2018
100% completed
Raised funds - no Data
past
  • 1 BLXR
    =
    0.0005 USD
Token Details
Ticker
BLXR
Company Details
Registered Country
United States
Additional Details
Categories
Platform

About bloXroute

EXECUTIVE SUMMARY — Bitcoin and other cryptocurrencies provide an attractive and exciting alternative form of currency,as they provide the convenience of credit cards, the usability of cash, the security of a bank vault, and retain their values like gold,without the associated high fees and cumbersomeness. They further enable futuristic services such as paying for groceries as they are being collected or picking up a rented umbrella for a minute’s walk without ever standing in line. Cryptocurrencies can enable these services without pre-payment or pre-registration and more crucially, without placing trust in the providers of these services. Such features are currently unfeasible due to payment processing fees which makes such micro-transactions uneconomical.
To be truly useful for ordinary men and women all around the world, cryptocurrencies must scale the number of transactionsthey can process by a factor of x1, 000, from 3–5 transactions per second (Bitcoin and Ethereum) to thousands of transactions per second. In fact, hundreds of transactions per second will be required only to enable U.S. cars to pay for gas on a bi-monthly basis, or alternatively, to process the cups of coffee purchased at Starbucks. To allow machine-to-machine micro transactions, and realize their potential in earnest, cryptocurrencies must scale much further.

bloXroute Labs is the leading blockchain network layer (aka “layer-0”) solution provider specialized in on-chain scalability and DeFi trading network infrastructure. In 2019, bloXroute launched the industry’s first layer-0 scalability solution — Blockchain Distribution Network (BDN), which has been adopted by the majority of Ethereum miners. It helps miners reduce uncle rate by accelerating on-chain block and transaction propagation. The BDN is also compatible with all blockchain protocols. In 2020, bloXroute introduced the ETH DeFi toolkit that includes advanced mempool service, frontrunning protection and MEV (Maximum Extractable Value). It helps traders improve their trading strategies and increase earnings. In 2021, bloXroute launched the BDN support for Binance Smart Chain (BSC).

       

bloXroute Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Uri Klarman
CEO
unverified
Emin Gün Sirer
Chief Scientist
unverified
Aleksandar Kuzmanovi...
Chief Architect
unverified
Soumya Basu
CTO
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Naval Ravikant
Angel Investor CEO & Co-founder, Angelist
unverified
Injong Rhee
Entrepreneur in Residence Google
unverified
Sarit Markovich
Clinical Associate Professor of Strategy Kellogg...
unverified
Bruce Maggs
Pelham Wilder Professor of Computer Science Duke...
unverified

bloXroute Last News

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Ticker:
BLXR
ICO profit
ICO Price~$0.0005

bloXroute Reviews

Luntik

Part of our strategic investement interest in the field of scalability. 

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MoNoico
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TL;DR
93

What I like:
What I dislike:
Overall, I love it. bloXroute acts as an up to 1.000x accelerator for any blockchain, at a surcharge of only 10% of the regular fees used. If this is executed as envisioned, the adoption will be very fast and benefits will be immediate for the entire blockchain community. This project has the potential to be transformational for the entire blockchain space, and until competitors will appear or the entire blockchain tech will evolve so as to make it redundant, bloXroute will likely be used by virtually every blockchain, just as Akamai was used by virtually every website when it launched.

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Joel - Crypto Engine
83
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