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Crypto Software Firm, Bloxroute Labs Launches its Blockchain...
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Crypto Software Firm, Bloxroute Labs Launches its Blockchain Distribution Network Version 1

On December 3, the crypto software firm Bloxroute’s cofounder, Eyal Markovich, announced the launch of the startup’s Blockchain Distribution Network (BDN) Version 1.

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Markovich explained that the BDN V1 release is a milestone for the company and the scalability service aims to enable exponential blockchain scaling by propagating blocks and transactions faster.

The Unknown Story of Bloxroute

Bloxroute is a startup firm dedicated to blockchain propagation software. It recently revealed the launch of BDN V1. The protocol is a “Layer-0 blockchain scalability solution” and Bloxroute’s Markovich detailed that developers have been working “tirelessly” toward the effort. After BSV split off from the BCH network, both communities heavily debated how miners and nodes would handle massive sized blocks in the future. At the time, Bloxroute was brought up in these debates quite a bit, because the startup claims the BDN can provide more efficient block propagation for blockchains.

 

“In particular, Bloxroute propagates blocks without knowledge of the transactions they contain, their number, and the ‘wallets’ or addresses involved. Miners are free to include arbitrary transactions in a block,” the Bloxroute whitepaper explains.

Since then Bloxroute has been experimenting with multiple blockchains and recent tests include the ETH Mining Test, Bitcoin Cash Miner Test, and the Akomba Labs Test. The results from the Bitcoin Cash Miner Test, in particular, had shown that “BDN propagates large blocks (32MB) between 2-18 seconds compared to up to 193 seconds without Bloxroute.”

Bloxroute Growth

In July, Bloxroute published the results of the Bitcoin Cash Miner Test. “Block compression technology, such as Compact blocks, improved with the BDN as transaction propagation allowed mempools to be more in sync,” the report highlights.

Additionally, China saw the “largest improvement” in propagation times and BDN “sped up fork recoveries,” like missed transactions from compact blocks. Bloxroute has been working with mining pools as well, and a prominent news site reported about one partnership last January when the firm partnered with the mining operation Rawpool. Mining operations that helped Bloxroute during the Bitcoin Cash Miner Test.

For the latest BDN V1 Gateway software, Markovich details that the protocol is available via GithubDockerhub, and Pypi. Markovich also notes that Bloxroute expects to see exchanges, decentralized apps, and mining pools adopt BDN V1.

People can get a comprehensive overview of the architecture, components, and installation walkthroughs by visiting Bloxroute’s documentation page.

Easy Integration with the Bloxroute Blockchain

“Later this year, we will publish a more technical post on the content of V1 and on the BDN roadmap for 2020,” Markovich said. Additionally, Bloxroute’s website shows a list of blockchain partners who plan to leverage the BDN software. Bloxroute is also backed by investment firms such as Pantera, Coinbase Ventures, Fenbushi, and well known individuals like Fred Ehrsam, and Jack Herrick. In addition to detailing that a technical post and BDN roadmap was in the works, Markovich’s blog post emphasized that “any blockchain project can integrate with Bloxroute.”

“While the first version of the Blockchain Distribution Network (BDN) supports Ethereum and Bitcoin Cash, we are also working to integrate the BDN with a number of new blockchain projects including Ontology, Quorum, Conflux, and Metadium,” Markovich added.

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