What is bloXroute?
bloXroute is a blockchain scalability solution that allows cryptocurrencies and blockchains to scale on-chain, without protocol changes.
bloXroute solves the network scalability bottleneck by addressing the substantial time required for all nodes to synchronize when handling large volumes of TPS. Most importantly, bloXroute by design does this in a neutral way.
Why hasn’t this been done before?
Layer 0 is a layer that most projects either forgot, or left alone because it requires a different kind of expertise, or simply ignored because their bottlenecks lay elsewhere.
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 operate under volunteer service and can be shutdown at any moment. For example, the Fast Relay Network (FRN) was a volunteer service that was operated by Matt Corallo for the benefit of the miner community for many years, until its support was abruptly stopped, and later replaced by FIBRE.
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 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.
How does the bloXroute BDN impact the block size debate?
By making the network faster, the bloXroute BDN can eliminate the adverse effects of larger blocks. It can reduce orphan and uncle rates, reduce wasted miner effort, and improve fairness and decentralization. As a result, the bloXroute BDN enables larger blocks to be mined under the regular peer-to-peer (P2P) network or the old “fast relay networks.”
You say bloXroute requires no changes to the protocol but to achieve scale, the block size or interval time must change. How do you reconcile this?
Miners can use the BDN today to hear about and send blocks faster – no consensus or protocol changes are required. Thus, bloXroute requires no changes to the protocol in order to start using it. Once a blockchain approaches its limitation because of block size or interval time, the community might consider protocol changes to fully maximize the value that bloXroute adds.
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.
Would other scaling solutions (Lightning Network, Sharding) be able to run together with bloXroute?
Most other scaling solutions run on top of a blockchain protocol. bloXroute runs *underneath* the blockchain protocol which can make any solution that rests on top faster, often substantially.
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.
Where can I learn more?
The best ways to learn more about bloXroute is to follow us on Twitter, read our blog and white paper, ask questions on our Discord, and subscribe to our mailing list.
What is the bloXroute BDN?
The bloXroute Blockchain Distribution Network (BDN) is a network of fast relay nodes designed for rapid dissemination of blockchain blocks and transactions to allow blockchains (e.g. Ethereum, Bitcoin, etc.) to scale. Fast transaction and block dissemination can reduce uncle and orphan rates, and can minimize wasted miner/validator effort while helping decentralize the network by ensuring that miners of all sizes efficiently send and receive new transactions and blocks. The BDN is, by design, a neutral network, unable to discriminate, prioritize or censor.
What makes the bloXroute BDN different?
The bloXroute BDN uses several networking techniques (e.g. internal caching, cut-through routing, optimized topology, and dynamic route selection) for transaction and block propagation that is significantly faster than existing techniques.
What are the elements of the bloXroute BDN?
The bloXroute BDN is comprised of fast relay servers, client Gateways and SDN (software defined network) component which coordinates the control plane.
Will bloXroute work with ETH PoS? Do miners / users benefit in the same way from bloXroute?
Yes, ETH PoS requires each proposed block to be propagated to a random subset of validators around the world, maintaining the block propagation bottleneck. Validators maintain their incentive to learn of new blocks sooner since only the first two-thirds to sign it will be rewarded.
How can the bloXroute BDN help validators and miners make more money?
The bloXroute BDN can help validators/miners make more money in the following ways. First, before a particular blockchain is scaled, miners benefit from swift propagation of blocks and transactions throughout the network. This means that miners are always working on the latest problem, building blocks with the most up to date transactions, and are more quickly informing the network of their work. Second, as the throughput (measured in TPS) starts increasing, so can miners’ revenues. For example, in a scenario where the throughput of a blockchain is increased by 1000x, while the fees may decrease by 100x, miners can earn 10x more revenues by processing 1000x more transactions.
How do miners connect to bloXroute BDN?
Connecting to the bloXroute BDN is easy. All you need to do is download the client Gateway (docker or pip) and run it next to your blockchain node. Simply point the gateway to the blockchain node and that’s it!
What can users expect after they connect to the bloXroute BDN?
The bloXroute BDN is blazingly fast. The network takes advantage of network-wide parallelism, and ensures that blocks are transmitted as they are received. This means that block transmissions can be completed quickly.
How fast can block propagation be with the bloXroute BDN?
The block propagation time can be as quick as several hundreds of milliseconds.
What operating systems (OS) are supported for the Gateway?
Currently, we support Linux and MacOS for the Gateway. If you would like support for a different operating system please send an email to firstname.lastname@example.org.
Will the bloXroute BDN keep my IP private?
Yes, we do not reveal the IP addresses of the nodes connected to our nodes.
Who do I contact for support?
How does onboarding for new blockchains work?
A blockchain that wishes to take advantage of bloXroute can do so in the following steps. The first nodes and miners of a specific blockchain that wish to utilize bloXroute are required to do nothing more than simply running bloXroute’s Gateway process in parallel to their blockchain application. For onboarding purposes, bloXroute will run a sufficient number of BDN nodes around the world, so that users can propagate blocks and receive transactions faster than any other peer. As more nodes use bloXroute, cryptocurrencies can see considerably fewer forks and stronger security guarantees that result from bloXroute’s superior block distribution. For help taking the first step towards integrating with bloXroute, email email@example.com.
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.
Will there be 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.
Is the BLXR a utility token?
No. The BLXR is a security token that distributes revenues associated with the cryptocurrencies using bloXroute’s BDN.