Commonware and an exchange Launch "Route66" Initiative to Reduce New Public Key Linking Costs

BlockBeats News, May 12th, Infrastructure development company Commonware announced the "Route 66" initiative in collaboration with an exchange, aimed at reducing the cost and complexity of integrating new blockchains for wallets, exchanges, custodians, and data service providers. An exchange Ventures has also made a strategic investment in Commonware.

Commonware stated that as on-chain applications continue to evolve, more projects are customizing the underlying blockchain to meet their specific needs, including stablecoin payments, dedicated block space, customized execution rules, encrypted mempools, and on-chain randomness for gaming, blurring the boundaries between "applications" and "blockchains."

However, this trend has put immense pressure on industry infrastructure. Frequent hard forks, complex precompiles, new cryptographic algorithms incompatible with HSMs, and sub-second high TPS chain architectures have rapidly driven up the integration and maintenance costs of new public chains.

Commonware pointed out that currently, very few new public chains are widely integrated into the industry each year, with many only supporting basic transfer functions. The core reason for this is not lack of demand, but rather "mismatched costs and benefits."

The Route 66 initiative aims to provide a lower-cost and faster integration path for new blockchains into mainstream infrastructure through unified standards, a shared toolchain, common libraries, and development frameworks, making it easier for them to access the mainstream infrastructure ecosystem.

Officials stated that the initiative will cover blockchains with different architectures and execution models, with the goal of establishing a universal access layer similar to a "blockchain expressway."