Module 2 - What's the Need of Router Nitro & Why to Use it?
Why do we need cross-chain Bridges?
Several factors highlight the need for cross-chain Bridges -
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Unlocking Diverse Functionalities: Each Blockchain Possesses Unique Strengths and Weaknesses. For example, Ethereum Boasts a vibrant DeFi Ecosystem, while Solana offers faster Transaction Speeds. Bridges allow Users to access functionalities across different Blockchains, Maximizing their Utility.
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Enhanced Liquidity: By enabling Asset Movement between Blockchains, Bridges increase Liquidity across the entire Crypto Market. This Benefits both Users and Projects, leading to fairer Pricing and efficient Capital allocation.
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Boosting Innovation: Bridges Pave the way for innovative dApps (decentralized applications) that Span multiple Blockchains. This fosters Competition and accelerates the Development of the entire Blockchain Space.
Why to Use Router Nitro?
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Router Nitro is the most Efficient Intent Based cross-chain Bridge in Web3. Nitro ensures fund safety by allowing forwarders to Claim funds only after Verified Settlement, Deterring malicious activities for Robust Security.
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Every new Smart Contract you launch needs to go through a Security Audit, so users can have trust in your Security. However, accessing Liquidity from other Chains is still impossible without going through a Bridging Process.
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Amongst all cross-chain Bridges, the amount Of Gas Overspent in Router Nitro is literally 0%.
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Router Nitro’s additional Security Module allows for Perpetual Updates to accomodate for Cryptographic Advances in Security -
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Forwarders can claim funds only after verified settlement, deterring malicious activity.
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Blockchain Level, Contract Level Security and Code Level Security.
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Constant Security Updates, that make Nitro one step ahead of the Hackers.
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