BloxRoute Labs is a company that is developing a blockchain distribution network (BDN). Much like a CDN pushes media files out to the edges of the web to make them faster to access, a BDN pushes out information to miners in the network. Of course, this means that the BDN could potentially be centralized infrastructure. In order to make the BDN effectively decentralized and trustworthy, BloxRoute claims to have a provably trustable network protocol, to go with its token-based incentive system that keeps its goals aligned with that of the larger blockchain world.
Aleksander Kuzmanovic is the founder of BloxRoute Labs, as well as a professor of computer science at Northwestern University. His co-founders of BloxRoute include former guests of the show Emin Gun Sirer and Soumya Basu. The BloxRoute founders have a strong theoretical background and a great reputation in the cryptocurrency community, unlike the vast majority of founders who have issued a token.
As we have heard in previous episodes, most of the founders of companies that issue tokens cannot give a good explanation for why their protocol needs a token. Tokens are a great idea that have mostly been applied as a mechanism to get rich quickly. However, BloxRoute has a credible explanation for their token, and I asked some very pointed questions to Aleksander in today’s episode to try to vet the project for legitimacy, and his reasoning made sense.
