What is bloXroute?
bloXroute is a blockchain scalability solution that allows all cryptocurrencies and blockchains to scale to thousands of transactions per second (TPS) on-chain, without any protocol changes.
bloXroute solves the scalability bottleneck by addressing the substantial time required for all nodes to synchronize when handling large volumes of TPS. Most importantly, bloXroute does this in a provably neutral way.
Why is bloXroute best positioned to solve the scalability bottleneck?
bloXroute was developed based on the latest research from Cornell and Northwestern University, by researchers who place their trust in proofs, not just visions.
This is why it is important to us that our first milestone is to show a working large scale crypto network operating at record-breaking transactions per second (TPS).
Can bloXroute help improve Ethereum scalability?
Yes. Ethereum will see an immediate increase in its scalability, processing more transactions per second. The swift node-synchronization will produce less forks for Ethereum, simultaneously lengthening the blockchain faster while keeping it “thinner” (i.e., with more blocks and less uncle-blocks).
Do blockchains have to change their protocol to use bloXroute?
No. bloXroute operates below the blockchain application layer, resolving the node-synchronization bottleneck without requiring any protocol changes. The decision on how to adjust each protocol to best maximize this potential is left to each blockchain’s respective crypto communities, developers, and miners.
What does provably neutral actually mean?
Provably neutral means bloXroute can only fairly propagate all blocks to all nodes, it cannot prevent any node from sending nor receiving blocks via bloXroute, and it cannot provide a preferable service to some nodes or miners while discriminating against others.
Which cryptocurrencies/blockchains do you plan to work with?
Every single one of them. Our goal is to enable every blockchain to become as useful and valuable as possible.
How is bloXroute different from previous relay networks like Falcon and Fibre?
Previous relay networks are useful, but they suffer from two major flaws:
First, the relay networks have the power to censor wallets, blocks, miners and nodes, and to provide preferable or discriminatory service to different nodes.
Second, the relay networks capture only a small fraction of performance potential – bloXroute can outperform them by 100x-1000x
Sounds interesting, but why isn’t it all open-sourced from day one?
bloXroute is designed to be completely open-sourced, however, some parts of the system must reach maturity prior to being opened-sourced. The code that nodes will run on their machines will be open-source from day one. The code bloXroute will run on our own infrastructure will require time to be developed to a stage where we can safely share the code with the community.
Where can I learn more?
How are you funded?
We are privately funded by Metastable, Flybridge, 1confirmation, FBG Capital, zk Capital, Kilowatt Capital, and a group of cryptocurrency veterans. We hope to distribute the ownership of bloXroute via the BLXR token to the general public in the future, in order to completely align the economic incentives of the entire crypto-space.
What is the BLXR token?
BLXR is a first-of-its-kind security token that distributes revenues associated with the cryptocurrencies using Bloxroute’s Blockchain Distribution Network (BDN) to the wider blockchain community. We believe that the BLXR token gives the project a business model which aligns incentives for a broad base of network participants.
Are you doing a token sale?
In addition to focusing on improving the scalability for all blockchains, we also hope to give ownership of the technology to a broad base of people from around the world via a token sale. We will only do this after more progress is made in proving the impact of our technology, and that is our focus currently.